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Cat Bond Pricing: Calculating the True Rewards
Commentary in the specialist insurance press has generally deemed pricing of catastrophe bonds in 2015 to have bottomed out. While true in…
What Can the Insurance Market Teach Banks About ...
In the last eight years the national banks of Iceland, Ireland, and Cyprus have failed. Without government bailouts, the banking crisis of…
New Risks in Our Interconnected World
Heraclitus taught us more than 2,500 years ago that the only constant is change. And one of the biggest changes in our lifetime is that…
Exceedance 2015: In the Books
It’s been quite a week here in Miami – full of palm trees, ocean views…and catastrophe risk management. Throughout the week, our keynote…
The 2015 U.K. Budget and Terrorism Insurance
On 18 March, the Chancellor of the Exchequer, George Osborne, delivered his pre-election budget. Billions of further public spending cuts are…
Rising Storm Surge Losses in the U.S. Northeast
A recent article in Nature Communications, picked up by the BBC, identified a record mean sea-level rise of 5” (127mm) along the coastline…