PCS News
The Latest Launches From Lemonade, QBE, FM Global and More
P2P startup Lemonade gained its license to start selling renters and homeowners insurance in Illinois. QBA North America and a few partners will start offering a new national workers' compensation ...
2016 Cat Bond Issuance Nears 2015 Levels, Drops From 2014 Heights
A strong fourth-quarter rally helped make 2016 catastrophe bond issuance only slightly lower than the year before, according to the Property Claims Services unit of Verisk Insurance Solutions. But ...
Cat Bond Issuance Through Q3 2016 Down 15 Percent
Cat bond issuance is down by double digits through the first 9 months of 2016 compared to the previous year, thanks to a slower-than-expected second quarter and a Q3 that was predictably light, the ...
H1 Cat Bond Issuance Drops in Sign of Possible Market Change
Catastrophe bond issuance in the first half of 2016 dropped substantially compared to the same period a year ago, according to a new report from the Property Claims Services unit of Verisk Insurance ...
U.S. Insured Losses Hit $3.8B in Q1; Worst in a Decade: PCS/Verisk
Catastrophe activity in the U.S. led to $3.8 billion in insured losses in 29 states during the 2016 first quarter, with much of the damage hitting Texas. Those events were the worst in a decade in ...
Insurers Could Gain from Learning More About ‘Cat Bond Lite’
"Cat bond lite" transactions are enjoying a big growth spurt, and a new industry report said insurers and reinsurers stand to gain by becoming more familiar with how they work. "The rapid growth in ...
Cat Bond Q1 Issuance Hit $2B, a New Record
Catastrophe bond issuance hit $2 billion during the first three months of 2016, making it the most active first quarter in market history, according to the latest report from the Property Claim ...
A Mature Cat Bond Market? 2015 Issuance Dropped 25% Over 2014
The catastrophe bond market may be showing some steady signs of maturity. Bond issuance, measured by new limit, came in at $6 billion in the 2015 fiscal year. That's one of the five most active ...