ORIGINAL PUBLICATION HERE Cyber risks are a logical place for the use of insurance-linked securities (ILS) capital as there is a real need for capacity, according to Brian Duperreault, the CEO of insurance giant AIG. Duperreault was interviewed on stage at the annual SIFMA IRLS conference in Miami, Florida yesterday. He discussed the evolution of […]

ORIGINAL PUBLICATION HERE AbsoluteClimo, a climate and weather modeling, forecasting and risk management firm based in Hawaii, has launched what it calls the “World’s First Catastrophic Risk Models Linked To Skillful Climate Physics Prediction.” Climo๏Cats (ClimoCats), as its climate catastrophe risk models are called, will enable insurance, reinsurance and insurance-linked securities (ILS) market participants to […]

ORIGINAL PUBLICATION HERE A group of United Nations backed initiatives are looking to expand the use of parametric or index insurance and reinsurance in the Pacific region, with a study expected to identify new use-cases and possibilities to drive uptake. The Pacific islands are not strangers to parametric insurance, having a World Bank supported Pacific […]

ORIGINAL PUBLICATION HERE A bill has been introduced that if enacted would authorise the California Governor, Insurance Commissioner, and Treasurer to purchase insurance, reinsurance insurance-linked securities (ILS) or other alternative risk transfer (ART) products to help pay costs resulting from natural disasters. California is of course particularly exposed to major earthquake events, but it is […]

ОРИГИНАЛЬНАЯ ПУБЛИКАЦИЯ ЗДЕСЬ. Версия в PDF ЗДЕСЬ При ожидаемой стоимости в триллионы долларов и планах по развитию в 68 странах на 3-х континентах, инициатива «Один пояс, Один путь», естественным образом привлекает внимание всех участвующих сторон, как в государственном, так и частном секторах. Asia Insurance Review побеседовал о способах трансфера рисков в данном проекте с Кириллом Саврасовым, […]

原文的文章在这里。PDF版本在这里。IN ENGLISH HERE. НА РУССКОМ ЗДЕСЬ 由于成本预估将超过好几万亿美元,主要设施发展遍及三个大陆上涉及到68多个国家,因此中国的“一带一路”倡议很自然地吸引各种会员国家和工商界的注意。《Asia Insurance Review》采访了专门关注欧洲与独联体国家区域的百慕达Phoenix CRetro保险连接证券公司总裁吉里尔·萨符拉索夫(Kirill Savrassov)商量保险连接证券作为“一带一路”倡议的风险转移选择。 作者:阿努普·哈娜(Anoop Khanna) 中国的“一带一路”倡议应该是现代人类历史上最大的基础设施发展方案之一。Phoenix CRetro Reinsurance公司总裁吉里尔·萨符拉索夫(Kirill Savrassov)指出,“由于其规模和地理的多样化,一带一路相关的项目肯定面临着各种挑战和风险,无论是方案倡议者和其他的所有参与者”。目前该方案实现评价范围在九千亿至几万亿美元,其中最大的金融压力和工作由国有企业承担。

ORIGINAL PUBLICATION HERE. PDF version HERE. Перевод на русский ЗДЕСЬ. 中文 With its cost estimated to run into trillions of dollars and main developments spread over 68 countries in three continents, it is quite natural for China’s belt and road initiative to be in the spotlight of all participating countries and business sectors. Asia Insurance Review spoke with […]

ORIGINAL PUBLICATION HERE The Philippines, the Asian Development Bank and private market entities are working to develop a parametric disaster insurance pooling facility for Philippine cities to buy protection from, backed by reinsurance and capital markets funding. The Philippine City Disaster Insurance Pool (PCDIP) is being designed by a collaboration between the Philippine Department of […]

ORIGINAL PUBLICATION HERE Reinsurance firm Swiss Re continues to expand its parametric risk transfer activities, this time with the launch and backing of the first county-level natural catastrophe index insurance product in China. Swiss Re is backing and reinsuring a county-level index insurance cover for Mao County in Sichuan province, Financial News reported, the first […]

ORIGINAL PUBLICATION HERE The CCRIF SPC (formerly named the Caribbean Catastrophe Risk Insurance Facility) has expanded its parametric risk pool to include Panama, as the Central American country joins the provider of parametric sovereign disaster risk transfer products and signs up for excess rainfall protection. The CCRIF is a multi-country risk pool, providing parametric disaster […]