Catastrophe Risks

Fitch Ratings Weighs in on Jamaica's Catastrophe Bond

May 14, 2024

Fitch Ratings has released an analysis of the recent catastrophe bond issued by the World Bank for the benefit of Jamaica. Read More

World Bank Partners with Jamaica for Catastrophe Bond Renewal

May 14, 2024

The World Bank has joined forces with Jamaica to provide financial protection against named storm events through a newly priced catastrophe bond totaling $150 million. Read More

Swiss Re Sigma: Natural Catastrophes, Insured Losses Surge

May 6, 2024

Swiss Re sigma: natural catastrophes, insured losses surge with $108 billion in losses from 142 events reported in 2023. Read More

Global Catastrophes: A Recap of Q1 2024's Impact and Implications

May 1, 2024

Q1 2024 global catastrophes resulted in more than $45 billion in total economic losses, led by Japan's Noto Earthquake. US storms and wildfires caused $13 billion in insured losses. Chile's experienced its worst since 2010. A new Aon report recaps. Read More

Capital Discipline Boosts Record ILS Market: AM Best Report

April 18, 2024

A record year for the insurance-linked securities (ILS) market was driven by capital discipline. A recent AM Best report highlights growth, returns, and risk management strategies in 2023. Read More