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Karen Clark believes her industry can provide better risk assessment tools in support of reinsurers

The hurricane dumped 7.33 inches of rain on Louisiana in one day

The storm took a week to move up the US East coast, causing widespread damage

Artex provides a market update in the spring edition of The Alternative View

Cat bond issuance in the first quarter of 2024 reached a record $3.9 billion

The company is the parent of Palomar Specialty Reinsurance Company Bermuda Ltd

World Bank instrument provides funding for catastrophe insurance to Jamaica for four hurricane seasons

Cumulus Re is the first such debt instrument to cover losses arising from sustained cloud outage risk

Bermuda reinsurers are said to be among those most exposed for much of the protection and indemnity related liability

Last year’s hurricane activity was about 120 per cent of the average season and this year it is expected to be 170 per cent

Strategic collaboration to bring post-event severe convective storm response analytics to broker’s clients.

As recovery efforts continue in Baltimore, analysts are saying the final bill will tally in the billions