Catastrophe Risks

Life/Health CAT Bonds Likely Most Affected by COVID-19: A.M. Best

May 21, 2020

Life/health-related catastrophe (cat) bonds face the greatest risk of losses from the COVID-19 pandemic, compared with other insurance-linked securities (ILS), according to A.M. Best. Best suggests that the COVID-19 pandemic's overall impact on the ILS market-including most catastrophe bonds-should be limited. Read More

2020 Catastrophe Bond Volume Remains Strong Despite Pandemic

May 19, 2020

The COVID-19 pandemic appears to be doing little to slow issuance of catastrophe bonds and other insurance-linked securities, with issuers bringing $6.1 billion to market thus far in 2020, according to data from the Artemis Deal Directory. There has been $1.06 billion in issuance so far during the second quarter. Read More

For Businesses Coping with COVID-19, Varying Responses Add Complexity

May 6, 2020

As businesses cope with the COVID-19 pandemic and move toward reopening, the management of the process-and the risks involved-can vary significantly from country to country. A panel of risk managers noted that different pandemic responses employed by various countries add complexity to the process. Read More

Analysis Sees US, UK Insurer COVID-19 Losses Exceeding $32 Billion

May 5, 2020

A "moderate" loss scenario for property-casualty insurance lines most likely to be affected by COVID-19 in the US and UK markets could reach $32 billion, according to an analysis by Willis Towers Watson, while a "severe" scenario projects $80 billion in losses. Read More

May "CICR" Looks at Risk Management, Captive Implications of COVID-19

May 1, 2020

Don't miss the May issue of "Captive Insurance Company Reports" ("CICR"), in which John Thomson, "CICR" editor, discusses the ramifications of the novel coronavirus (COVID-19) and the risk management implications, including a role for captives. Read More