Insurance Lines Services

Learn about Cat Bond Lite: Verisk Risk Symposium

Are cat bond lite deals cannibalizing the 144A market? Or are they contributing to net growth for the ILS sector? This relatively new form of risk transfer is perhaps the hottest trend of the year, which is why I’m...

Cat Bonds and the Hurricane Quarter

Sources: PCS, Guy Carpenter & Company, LLC Historically, second-quarter issuance activity has been high, given the June 1 start of hurricane season. As Florida’s interest in the catastrophe bond sector increases,...

Seven Cat Bond Lite Benefits You Should Understand

Last year, $500 million in private catastrophe bonds came to market, nearly half of them publicly announced . In the first quarter of 2015, approximately $200 million in “cat bond lite” transactions were completed, an...

Top 5 Cat Bond Market Trends in Q1 2015

The ongoing shift in underlying market trends over the past year shows how dynamic the catastrophe bond sector has become . Innovation, expanded geographical reach, and increases in market participation continue to...

Cat Bond Lite: Flexibility and larger pool of available capital

In an interview with A.M. Best TV , Tom Johansmeyer, assistant vice president of Reinsurance Services, ISO, speaks about the latest trend in the linked securities industry: cat bond lite. Compared with catastrophe...

Microinsurance Alternative Risk Transfer: Strategic Capacity to Support Your Mission

Microinsurance programs have overcome some incredible challenges. They’ve found ways to distribute an intangible product — one for which a customer may pay regularly and seem to receive nothing in return — to local...

Independent Catastrophe Designation in Indemnity Triggers

The increased use of indemnity triggers in catastrophe bonds is well documented, but it’s a trend within this development that demonstrates the continued maturation of the catastrophe bond market . The use of PCS ® da...

Top 5 ILS Trends from 2014

The rapid growth of the catastrophe bond market can be attributed to many factors, some of which extend back for years. However, PCS sees five trends as instrumental in shaping 2014, contributing to increased ILS use...

Cat Bond Lite: A Rapid Start to 2015

The insurance-linked securities (ILS) market appears to have seen the value of the “cat bond lite” structure. At least, that’s what 2015 issuance activity indicates. Sponsors have completed nearly $150 million in...

Q3 Catastrophe Bond Market Trends Update

We can attribute the rapid growth of the catastrophe bond market to many factors, some of which extend back for years. However, PCS ® sees five trends as particularly important this year, highlighting the expanding...