Artemis

Launched in 1999, Artemis is the longest running media source providing news, analysis & data on the catastrophe bond, insurance linked security, non-traditional reinsurance capital and associated risk transfer markets.

RMS releases multiple updates to catastrophe modelling platform

International risk modelling firm RMS has announced the release of version 16.0 of its catastrophe modelling platform, which includes enhancements to its European windstorm and global terrorism models, as well as a new marine cargo & specie model, and new data for U.S. flood risks. “RMS is bringing a rich pipeline of modeling capability to market this year. Earlier in the year we released our first cyber risk products...

Tianjin Explosions Property Insurance Loss Could Reach $3.5bn: Swiss Re

Global reinsurance firm Swiss Re said today that its estimate for the insured property losses resulting from the Tianjin, China port explosions last summer could be as high as $3.5 billion, saying that significant uncertainty remains in the estimates, perhaps suggesting it could creep even higher. The Tianjin port blasts were the largest insurance and reinsurance loss related to a man-made disaster in 2015 and the loss estimates keep creeping upwards. Swiss Re...