According to their press release on 23 September “Students studying risk management and natural hazards-related subjects will soon benefit from scholarships to be offered by the Caribbean Catastrophe Risk Insurance Facility (CCRIF) ”
The CCRIF is the Caribbean insurance pool which pays out when certain parametric earthquake or hurricane indices reach a threshold.  The pool provides [...]

Tags: Climate change, Emerging risks, Hurricanes, Natural catastrophes

A spurious (yet timely) titled lead into an area of the catastrophe bond market that is often over looked—namely, the mortality catastrophe bond market.
The recent incidence of Swine flu has brought some attention to the mortality bond market, and cat bond market issuers and investors will doubtless be keeping a watchful eye on the development [...]

Tags: Bonds, Flu, Natural catastrophes, Pandemic

Some of the world’s top hurricane scientists met with insurers and delegates at Princeton University recently to talk about the advances being made in modelling a category three hurricane blasting through the New York metropolitan area.
The gathering, organized by the Willis Research Network (WRN), heard how a perfect storm and its accompanying storm surge could [...]

Tags: cat models, Hurricanes, Natural catastrophes

The East Asian Insurance Congress is the convivial talking shop that sees insurance bosses fly in from around the region to compare notes on their different colourful markets.
It’s an intriguing region for insurance industry watchers and the biennial convention reflects the diversity on offer.

Tags: East Asian Insurance Congress, General Insurance Association, Natural catastrophes