Catastrophe risk and insurance-linked securities

By Aaron C. Koch  |  23 October 2014

The rise of collateralized reinsurance and what it means for the future of insurance-linked securities.

By Alan J. Routhenstein, Steven I. Schreiber, Stuart Silverman  |  07 July 2014

Recent developments in the life insurance-linked securities market and a look ahead to the rest of 2014.

By Derek Newton  |  21 January 2014

Catastrophe models are a great way to understand natural peril risk, but no model is perfect.

By Aaron C. Koch  |  18 December 2013

Ex-post funding techniques may be adequate to finance recoveries from moderate-sized catastrophes but have serious limitations when confronted with “the big one.”

By Scott C. Mitchell, Dale S. Hagstrom, Steven I. Schreiber  |  09 May 2013

An overview of the risk assessment and mitigation options available for extreme mortality events.

By Matt Chamberlain  |  09 May 2013

It is too soon to say whether the Florida sinkhole insurance crisis is over.

By Alan Routhenstein, Steven I. Schreiber, Stuart Silverman  |  19 February 2013

How the life insurance-linked securities market is positioned in 2012—and what to expect in 2013.

By Philip S. Borba  |  16 November 2012

Waived deductibles, executive orders, and the impact of landing as a tropical storm.

By Matt Chamberlain  |  10 September 2012

More granular territories can help insurers avoid taking on risks at inadequate prices.

By Bhavini Kamarshi, Richard Soulsby, Jason B. Kurtz  |  21 June 2012

Strengthened insurance requirements may be needed to protect the public from risks inherent to hydraulic fracturing.

By Alan Routhenstein, Steven I. Schreiber, Stuart Silverman  |  10 February 2012

An analysis of 2011 transactions and expectations for the coming year.

By Guanjun Jiang, Sean McAllister , Linda Nicholls, Christine M. Fleming, Jason B. Kurtz, Joy A. Schwartzman, Toshio Tanaka  |  09 June 2011

Examining differences among uninsured loss figures from recent natural disasters around the world illuminates how different countries manage catastrophic risk.

By Steven I. Schreiber  |  11 April 2011

In an interview with Trading Risk, Milliman principal and consulting actuary Steve Schreiber discusses opportunities in life securitization markets and the likely expansion of longevity trades, as well as concerns about pandemic-type risk and uncertainty on regulatory reform. 

By Alan Routhenstein, Steven I. Schreiber  |  31 January 2011

Life insurance-linked securities transactions made a comeback in 2010 and the trend is likely to continue in 2011.

By Derek A. Jones, Jason B. Kurtz  |  23 July 2010

The largest oil spill in U.S. history will affect claims and legal activity for years to come.

By David Chernick, Kyle Mrotek , Paul Anderson  |  01 November 2009

The looming risk of an earthquake-triggered mortgage crisis in California.

By Charles C. Pearl Jr., David M. Lang  |  14 January 2009

Government programs such as the Texas Windstorm Insurance Association provide funds to help insure against hurricane risk. How durable is this system after the most recent hurricane, Ike?

By Rick C. Soulsby, Thomas Guidon  |  01 December 2008

Pricing models that account for what happens in the aftermath of trigger events can provide a better understanding of the value of catastrophe bonds.

By David Chernick, Paul Anderson  |  02 November 2007

What lessons will insurers and policyholders learn from the 2007 California wildfires?

By Ghalid Bagus  |  01 September 2007

As a new risk management tool, catastrophic mortality risk securitization enhances the capacity of the life insurance industry by transferring catastrophic mortality losses to the capital markets.