CCRIF makes parametric rainfall insurance payouts after tropical storm Philippe
The CCRIF SPC (formerly known as the Caribbean Catastrophic Risk Insurance Facility), has made two payouts for Caribbean countries parametric excess rainfall insurance policies, after tropical storm Philippe in early October. Tropical storm Philippe made landfall on Antigua and Barbuda on October 2nd and then came close to the British Virgin Islands on October 4th, […]
Conditions primed for increased use of alternative reinsurance capital: GC’s Rousseau
Reinsurance market conditions are primed for an increasing turn towards alternatives, in sourcing capital and risk transfer solutions, according to Laurent Rousseau of Guy Carpenter. Speaking at an event in Baden-Baden yesterday, Rousseau, the CEO of Europe, Middle East & Africa and Global Capital Solutions at the reinsurance broker, explained that demand for alternative capital […]