Weather
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The Bank’s insurance analysts warn that the 2017 season is probably not an outlier.
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The broker's centre of excellence will help clients evaluate climate and weather risks.
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The Texan state-backed insurer expanded its new cat bond as premiums fell below forecasts.
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Reports by analysts at Morgan Stanley and JMP forecast an "underwhelming" renewal.
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Early-range forecasts for an above-average season may be reduced.
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The Florida carrier launches its two-tranche 2018-1 to cover named storms.
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The carrier's risk-adjusted reinsurance spend rises less than 1 percent.
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Travelers has returned to the ILS market to renew cover.
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Hedge fund Citadel has hired the founder of weather-driven hedge fund Cumulus, Peter Brewer, along with 20 traders and analysts from the fund as it closes down, according to reports.
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Aon Benfield has said the spring storms that buffeted the US last week have resulted in “hundreds of millions” of dollars’ worth of insured losses.