What a storm 10 years ago could look like 30 years from now
Recent studies indicate that climate change could cause a storm with an increase in wind loss of about 50% and an increase in storm surge loss of about 70% compared to what occurred during Hurricane Sandy. (This image of the New Jersey shore after Hurricane Sandy was captured by U.S. Air Force Master Sgt. Mark C. […]
Hurricane Ian – no matter the number, cedents will trap as if its $70bn: Millette
During a panel discussion at the ILS Bermuda Convergence 2022 event yesterday, Michael Millette told the audience that while the quantum of loss matters after hurricane Ian, with such a range of estimates, the risk is that cedents will all seek to trap capital as if the industry impact is going to be $70 billion […]
The 2023 opportunity looks more attractive for ILS: Convergence
On the final day of the 2022 Convergence event in Bermuda, experts from across the insurance-linked securities (ILS) sector explained that, despite the challenges of recent years, there are opportunities out there. To end this year’s Convergence, Jan-Hendrik Hein, Investor Relations & Business Development Lead at Hiscox ILS, moderated a panel featuring experts and executives […]
Hannover Re to benefit from opportunities in ILS & Asia: Jefferies
Analysts at Jefferies have asserted that Hannover Re is set to benefit from opportunities in areas of change that it has embraced to a greater extent than many peers, including the hard market environment, ILS markets, Asian growth and even IFRS 17. In terms of innovation, Jefferies notes that Hannover Re has proactively embraced the […]
