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NEW YORK (Reuters) - Hurricane Sandy appears to have easily caused more losses than last year’s Hurricane Irene, but final totals will be hard to come by for some time because of the scale of the disaster, catastrophe forecasting companies said yeste...

Hurricane Sandy, now the largest hurricane ever recorded in the Atlantic, has the potential to become one of the most expensive as well — causing some of the largest losses the global insurance industry has faced this year. The catastrophe modelling ...

LONDON (Reuters) — The market for catastrophe bonds has boomed in the past year and is likely to keep growing as investors search for higher returns. The volume of outstanding bonds is set to reach $15 billion this year, a near 30 percent increase fr...

LONDON (Reuters) — China’s fledgling insurance and reinsurance market cannot meet the soaring costs of natural disasters, but has the data and modelling capability to offload the risk to the private market via insurance-linked securities (ILS) soluti...

Bermuda is driving the growth of the insurance-linked securities (ILS) market, a market that is expected to quickly accelerate, says a new research paper from professional services firm PwC. Co-authored by PwC Bermuda’s insurance leader Arthur Wightm...

There’s more proof that investors are continuing to deploy capital into the insurance-linked securities (ILS) sector. A study released by Aon Benfield Securities, the investment banking division of global reinsurer Aon Benfield, shows the volume of c...

The catastrophe reinsurance market may be about to undergo a “significant strategic development,” according to a report issued this week by Willis. The latest insurance-linked securities (ILS) report put out by Willis Capital Markets & Advisory (WCMA...

The Bermuda Stock Exchange (BSX) has passed the $4.7 billion mark in insurance-linked securities (ILS) with the new listing of a $100 million catastrophe bond. Munich Re has established the cat bond through the Bermuda-based vehicle Queen Street VI R...

Severe weather in the US last month cost insurers nearly $2 billion — making it the most costly month so far this year — nearly doubling the losses seen in previous months. According to Aon Benfield’s monthly Global Catastrophe Recap report, which r...