Event Report: Hurricane Otis

On October 25, at 1:25 local time, East Pacific hurricane Otis made landfall in the Mexican state of Guerrero, near Acapulco de Juáres, as a Category 5 storm, the highest level on the Saffir-Simpson Scale. After landfall, the system quickly weakened over Mexico’s...

Event Report: Hurricane Idalia

On August 30, at 7:45 local time, Idalia made landfall as a Category 3 hurricane in Florida’s sparsely populated ‘Big Bend’ region near Keaton Beach. The storm continued to track in a northeasterly direction, quickly weakening over land, and passed over Georgia and...

Maui Bush Fires

During the first weeks of August, devastating bush fires affected the island of Maui, Hawaii. The catastrophe claimed the highest death toll of all bush fires in the US since 100 years and is estimated to be the second most expensive insurance event in the history of...

The Cat Bond Market midyear 2023

In the first half of 2023 the ILS market and its cat bond sub-segment delivered very pleasing returns. The article explains the reasons that lie behind these dynamics and what the development means for investors interested in the asset class today, mid-year 2023....

Review of the 2022 ILS market and outlook into 2023

The year 2022 was challenging for investors in many asset classes, with inflation reaching new hights and return expectations rising globally in most markets. Cat bonds and private ILS were not immune to this market shift. However, they managed to perform remarkably...