Ahead of the annual hurricane season, CCRIF SPC, formerly the Caribbean Catastrophe Risk Insurance Facility, said it has expanded coverage to $1.57 billion for the current policy year, from $1.44...
As per Solidum Partners, the onset of an El Niño pattern does not translate into a straightforward rule of thumb for ILS managers and their clients. While a less active hurricane season typically...
US weather agency NOAA anticipates an 82% chance of El Niño between May to July and...
The World Bank has priced a new catastrophe bond designed to help Jamaica cope with the threat of hurricanes. The $200 million bond was oversubscribed by investors, the World Bank said in a...
As the 2026 Atlantic hurricane season approaches, the government of Cayman is...
For years, a segment of the Florida property insurance industry had lobbied for more access to the lower-cost reinsurance offered by the state-sanctioned Florida Hurricane Catastrophe Fund—mainly...
A recurrence of the 1938 Great New England Hurricane would produce more than $20 billion in insured losses in New York alone with today’s property values and rebuilding costs, according to a recent...
The Colorado State University (CSU) tropical meteorology team has issued its first...
The 2026 Atlantic hurricane season will be shaped by shifting climate patterns in the...
US insurer Progressive expanded its aggregate excess-of-loss reinsurance protection...