As 2013 begins, and the catastrophe bond market strives to meet another year of high expectations, here's a look at the five most important trends in this space reveals the convergence not just of capital but of innovation and practicality.
The global catastrophe-bond market just wrapped up its second-best issuance year ever: With approximately $6 billion in fresh capital raised, according to the PCS Year-End 2012 Catastrophe Bond Report: Meeting Expectations, 2012 follows only 2007, in which sponsors raised $7 billion.
Verisk's Property Claim Services (PCS) unit has increased its insured-loss estimate from Superstorm Sandy to $18.75 billion, with a large majority of losses felt in New York and New Jersey.
Data aggregator Property Claims Service upped its insured loss estimate from superstorm Sandy to $18.75 billion, leaving investors in a catastrophe bond issued by Swiss Re facing possible losses.
Data aggregator Property Claims Service upped its insured loss estimate from superstorm Sandy to $18.75 billion, leaving investors in a catastrophe bond issued by Swiss Re facing possible losses.
ThreatMetrix, a provider of integrated cybercrime prevention solutions, announces the most threatening cybersecurity trends and risks businesses and consumers must keep top of mind in 2013. These include cyberwarfare, data breaches, migrating malware, bring-your-own-device (BYOD), cloud computing, and mobile and social media fraud.
ThreatMetrix, a provider of integrated cybercrime prevention solutions, announces the most threatening cybersecurity trends and risks businesses and consumers must keep top of mind in 2013. These include cyberwarfare, data breaches, migrating malware, bring-your-own-device (BYOD), cloud computing, and mobile and social media fraud.