PCRIC Congratulates its ILS Specialists
PCRIC is pleased to announce that two of its team members, Mr. Pankaj Singh (Finance & Planning Manager) and Mr. Richard Poulter (Actuarial Specialist) have successfully completed a seven-week course on the fundamentals of Insurance Linked Securities (ILS), run by Phoenix CRetro Ltd London in partnership with various professional bodies and educational institutions worldwide. The course provided the participants with an in-depth understanding […]
Investors in Insurance-Linked Securities (ILS) Are Seeking Innovation and Improve Disaster Relief
Investors in ILS are seeking innovation—they may find it in Africa where a combination of transnational bodies, better data and a desire to structure improved disaster relief could combine with new ILS domiciles. Contents: A growing pipeline of risks could soon be transferred Investors used World Bank bonds as a diversification traditional capital Why 97% […]
Parametric Catastrophe Bonds and Alternate Risk Transfer Mechanisms for China’s Market
Even as countries across the globe grapple with climate change, alternate risk transfer mechanisms like parametric solutions are emerging as the best option. A parametric transaction uses the physical characteristics of a catastrophe event as the trigger. A catastrophe bond (CAT) is a high-yield debt instrument that is designed to raise money for companies in […]
Summer 2022 cohort of our course has passed the qualification exam
Our sincere congratulations to the 4th cohort: Timothy Nielander, Shib Shankar Saha, Suguru Fujita, Richard Griffiths, Dewald Cillie, on obtaining “Certified ILS specialist” qualification with impressive average pass ratio of 92% at the exam. Kirill & Toby
African Risk Capacity Presents Award
The Bermuda Business Development Agency [BDA] said they were pleased to facilitate an important dialogue and award presentation between the board of directors of African Risk Capacity Limited [ARC Ltd.] and Bermuda’s Deputy Premier. A spokesperson said, “To recognise the formation of ARC Ltd. being formed in Bermuda ten years ago, ARC Ltd.’s board of […]
Our alumni was elected to the Weather Risk Management Association (WRMA)
We are delighted to announce that Malvern Chirume, FCA, Cert ILS of African Risk Capacity Ltd. who is our alumni from December 2021 cohort, has been elected to the Weather Risk Management Association (WRMA) Board based in Minnesota, USA. This trade association represents weather risk management professionals worldwide and aims to to enhance public awareness […]
Our alumni became General Counsel & Head of Legal – North America at AGCS
We are delighted to announce that William F. Fawcett, who is our alumni from September 2021 cohort and actually the first student who enrolled into the course has become General Counsel & Head of Legal – North America at Allianz Global Corporate & Specialty. Many congratulations, Will! * * * William’s testimonial about the course: […]
