With the rising cost of natural catastrophes around the world, public private solutions could provide a model for the future. Dr Simon Young explains how the Caribbean Catastrophe Risk Insurance Facility has set a precedent.
As the market for insurance-linked securities takes off, catastrophe modelling agencies are striving to make their products simpler for investors to understand and easier for issuers to apply. David Banks reports.
The hype over cat bonds has been sustained by three years of dramatic growth. But can the good times last? Charles Thresh and Jonathon Lane consider the threat of the credit crunch to this burgeoning asset class.
Will reinsurers catch a cold? Hedge funds experienced their first negative quarter on record in Q1. That could have dire consequences for the insurance companies and products they invest in, explains Lindsey Rogerson.