Hurricane Sandy

NetMap to release updated versions of its fraud-fighting product suite

Organized fraud remains one of the property/casualty insurance industry’s greatest challenges, and insurers face a constant struggle to analyze large quantities of data quickly and improve the...

Are You Writing Canadian ILWs?

Cedents have used the PCS ® Catastrophe Loss Index heavily in industry loss warranty (ILW) exposure to U.S. natural catastrophe risk. The PCS index likely accounts for more than half the market. Th...

Hurricane Season Is Here Again

Hurricane season officially begins today. And all predictions point to an above-average season. More storms can mean more opportunity for fraudsters. If you haven’t yet thought about how to handle...

Five Tips for Handling Catastrophe Claims Fraud

With hurricane season right around the corner, memories of Superstorm Sandy remain fresh. Forecasts for storm activity are starting to appear, as they do every April, and it looks as though this ye...

Catastrophe Bond Market Trend Watch

This year’s catastrophe bond market began with a strong first quarter. Sponsors raised nearly $900 million, making it one of the three most active first quarters in the history of the catastrophe...

Five ILW Tips for the Florida Reinsurance Renewal

The Florida reinsurance renewal is still a few months away, but it’s already becoming a hot topic. A flurry of industry loss warranty (ILW) issuance activity is likely this month as carriers line u...

Five Insights into the PCS Catastrophe Loss Process

Do you know how Property Claim Services ® ( PCS ® ) develops catastrophe loss estimates? We’re ready to help. Download our new guide to the PCS catastrophe loss estimate process now to get started....

Five ILS Market Considerations for 2013

The new year may have only just begun, but that’s unlikely to slow speculation about what lies ahead. Will 2013 rival 2012, or will we see a post-spike dip as we did in 2011? Several factors are...

Hurricane Sandy Demand Surge Influences Replacement Cost Estimates in the Northeast

According to the 360Value ® Quarterly Cost Update , reconstruction costs have increased by at least 3 percent in all northeastern states for first-quarter 2013. That’s primarily attributable to the...

Big Data, Catastrophe Losses, and Insurance Industry Disruption

Is disruption coming to the property/casualty insurance industry? According to a new report from Novarica, five factors may bring change to the sector, with “Big Data and analytics” and “catastroph...