Catastrophe Risks

Captive Insurance Strategies for Addressing Property Risk Challenges

September 5, 2024

At the Vermont Captive Conference, a panel highlighted property risk management strategies in captives. They discussed the role of catastrophe modeling, structured solutions, and how captives can address complex risks such as high-value assets and natural disasters while offering more flexibility in risk retention and coverage. Read More


Aon Report Highlights Record Growth in Insurance-Linked Securities Sector

September 5, 2024

Aon's latest report shows record growth in the insurance-linked securities (ILS) sector, with $17.9 billion in catastrophe bonds issued. Cyber risk debuted in the market, and the total ILS market volume grew to $110 billion. Sidecar volumes also hit a new high of $10 billion, driven by strong investor demand. Read More


Catastrophe Bond Issuance Reaches Record High Amid Modest ILS Capacity Growth

August 22, 2024

Insurance-linked securities (ILS) capacity has grown modestly in 2024, aligning with market demand. The property catastrophe bond market reached $45 billion, with record issuance in Q2 2024. Despite strong returns in 2023, risk-adjusted rates remained flat, with minor increases in lower layers. Capacity providers maintain discipline, anticipating 2025 renewals. Read More


Severe Thunderstorms Drive First Half of 2024 Insured Losses to $60 Billion

August 16, 2024

Severe thunderstorms, particularly in the United States, led to $42 billion in insured losses during the first half of 2024, marking a significant rise in global natural catastrophe losses. Flooding in the United Arab Emirates, Germany, and Brazil further contributed to the above-average total of $60 billion in insured losses. Read More


Aon-Columbia Research Highlights Underestimated Climate Impact on Hurricanes

August 9, 2024

Aon and Columbia University have announced findings from their research collaboration on climate impacts on hurricanes, set for publication in August. The study suggests underestimated hurricane risks and emphasizes the need for adaptable risk management strategies. Read More