News Posts

Winter Storm Uri

During the second half of February, winter storm Uri caused widespread chaos and damage in the USA. Especially Texas was hard hit. First estimates of risk modelling firms put the insured losses in excess of the cost from the wildfires and hurricanes of the last years...

Hurricanes Paulette and Sally, US wildfires

September 17, 2020 Shortly after the climatological mid-point of the hurricane season the tropical Atlantic presented itself quite active, sporting two hurricanes (Paulette and Sally) that affected land and one system (Teddy) that may come close to Bermuda in about...

Hurricane Laura

August 28, 2020 Storm history Laura was the first major hurricane of the 2020 Atlantic hurricane season. It formed from a tropical wave that moved off the West African coast mid-August and developed tropical storm characteristics on August 20 while approaching the...

Pandemic Cat Bonds

The German finance newspaper Börsen-Zeitung published an article on the market potential of pandemic cat bonds on June 25, 2020. In researching for the article, selected ILS specialists were interviewed, among them Dr Karsten Bromann of Solidum Partners. His outlook...

Covid19

28. February 2020 The 2019/2020 coronavirus outbreak and implications for the ILS market Since the first outbreak of the novel coronavirus disease in China's Wuhan Province in December 2019, the virus has spread first in China and now worldwide. The disease, now...

Hurricane Dorian – post event

Storm history Hurricane Dorian was the fourth named system of the 2019 season. It formed as a tropical wave in the Atlantic and developed tropical storm characteristics on August 24 about 1300 km east of Barbados. Continuously strengthening, the system passed the...

Hurricane Dorian – update

September 2, 2019 Event Update: Hurricane Dorian In our last report from Friday we mentioned the difficulty for the top hurricane models to precisely forecast Dorian’s future track. This difficulty stemmed from the opposing influences of large-scale weather systems...

Hurricane Dorian – pre landfall

Unfolding Event: Hurricane Dorian Hurricane Dorian is the fourth named system of the 2019 season. It formed as a tropical wave in the Atlantic and developed tropical storm characteristics on August 24. Continuously strengthening, the system passed Puerto Rico on the...