Cat bonds a promising strategy to help keep climate risks insurable: KPMG
In a recent report on the threat flood disasters pose to the Netherlands as a country particularly vulnerable to climate risks, KPMG highlights the potential for catastrophe bonds to be an instrument that can help in maintaining the insurability of climate risks in an increasingly challenging environment. The KPMG researchers note that flood events that […]
Federal Catastrophe Reinsurance bill resurrected, cat bond support still highlighted
Legislation that calls for a Federal Catastrophe Reinsurance Program to be established has been resurrected in the United States Senate, with more support this time around and still a section of the INSURE Act highlighting the importance of capital markets alternatives to reinsurance, such as catastrophe bonds. The INSURE Act, or the Incorporating National Support […]