All Windstorm articles – Page 10
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Investment Analysis
Once bitten, twice shy
Only one catastrophe bond has ever been triggered and the market has tripled since 2005. Could losses in 2008 put off investors who are not accustomed to paying out? asks Lindsey Rogerson.
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Online onlyAon: Short-term hurricane forecasts inaccurate
More success in tracking hurricane activity over periods of five years or more
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AnalysisClimate change pioneers
Insurers have taken significant steps but more is needed to combat climate change, say industry leaders at the World Insurance Forum
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Online onlyMunich Re issues EUR170m cat bond
Cat bond issued through Queen Street programme; Securitises aggregate windstorm losses for the first time
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Online onlyRecord results for Hannover Re
German reinsurer sees profits surge by 42.6% despite a drop in premiums
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Online onlyAIR: Emma losses could reach EUR1.3bn
Germany and Austria are expected to account for more than half the losses
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Online onlyWindstorm Emma causes damage across Europe
Strong winds caused damage and disruption in Germany, Austria, Poland and Czech Republic, says RMS
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Flagstone results marred by cat losses
UK floods, European storm, Australian floods and US wildfires cost Class of 2005 reinsurer $192.9m
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Ireland pledges $2.4m to Caribbean cat pool
Almost $70m raised in the Caribbean Catastrophe Risk Insurance Facility's first year
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AnalysisGraduating from 2005
The Class of 2005 have had an easy ride so far. Could 2008 be the year that finally tests them properly?
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First parametric index for European wind
RMS' Paradex Europe Windstorm uses the modelled relationship between wind speed and damage to calculate insured loss estimates
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AnalysisHeath Lambert market review
"Horrific" loss of life but benign catastrophe year mean losses retained by primaries
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Features
Safe as houses?
The world’s largest insured catastrophe loss of 2007 occurred in Europe. Dr David Maréchal and Dr Jane Toothill warn underwriters not to underestimate the region’s loss potential.
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Industry Matters
A catastrophic year
Despite the low level of losses, 2007 had more catastrophes than any other year on record, reveals Angelika Wirtz.
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Online onlyTornadoes tear through US Mid-South
Storms killed nearly 50 people and destroyed property across the Mid-South
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AnalysisAllstate forced to defend rate hikes
A Florida Senate panel grills the insurer after banning it from the state
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CCRIF announces new measures for 2008
Premiums down; attachment point decreased to one in 15 year events
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Online onlyEurope counts cost of winter storm
Wind speeds associated with this winter's storms have been relatively light
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Online onlyNew study pinpoints danger of sea surface warming
Benfield scientists say sea surface warming was responsible for about 40% of the increase in Atlantic hurricane activity
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Carvill promotes Smith
Dr Steve Smith to become president of property solutions for ReAdvisory
