Capital markets, ILS well-structured to absorb data centre nat cat risks: Howden
The global data centre build-out is creating unprecedented risk concentrations in natural disaster zones, and pushing traditional insurance capacity to its limits. Howden sees this as a prime opportunity for the capital markets, as catastrophe peak risk remains the foundations of the insurance-linked securities (ILS) asset class. According to Howden’s new report, in the US, […]
CCRIF lifts parametric risk pool coverage another 14.5% to $1.8bn for current policy year
CCRIF SPC, the regional parametric risk pool for the Caribbean and Central America has announced that it has expanded its coverage to US $1.8 billion for the current policy year, a 14.5% increase from the $1.57 billion the organisation reported in early June, showcasing that demand for parametric coverage significantly outpaced expectations. This total also represents a […]