Sales of catastrophe bonds, used by insurers as a way of selling on their exposure to natural disasters, are close to levels last seen before the financial crisis, new data shows.
A surge of new capital from investors like pension funds into the market for specialized insurance risks could threaten financial systems and needs to be closely watched, the European Union insurance watchdog EIOPA said on Thursday.
A surge of new capital from investors like pension funds into the market for specialized insurance risks could threaten financial systems and needs to be closely watched, the European Union insurance watchdog EIOPA said on Thursday.
On the heels of certain reforms in Florida's 2013 Legislative Session, the James Madison Institute and the R Street Institute released a policy study outlining pragmatic reforms for a meaningful effect on stabilizing the Florida property insurance market without requiring big hikes in primary insurance rates.
On the heels of certain reforms in Florida's 2013 Legislative Session, the James Madison Institute and the R Street Institute released a policy study outlining pragmatic reforms for a meaningful effect on stabilizing the Florida property insurance market without requiring big hikes in primary insurance rates.
Third quarter 2013 catastrophe bond issuance was approximately three times higher than the five year average and was the highest on record since 1998, according to a recent Willis report.
Third quarter 2013 catastrophe bond issuance was approximately three times higher than the five year average and was the highest on record since 1998, according to a recent Willis report.
Europe's reinsurers will soon test the strength of competition from alternative investors like pension funds, whose activity may keep a lid on reinsurance price rises and add to challenges for a sector already facing crimped investment income.
Europe's reinsurers will soon test the strength of competition from alternative investors like pension funds, whose activity may keep a lid on reinsurance price rises and add to challenges for a sector already facing crimped investment income.