Latest Parametric Headlines
All the headlines from our Parametric Topic Page, ordered by recency.
New European Cat Bond Uses RMS Paradex for Risk Analysis
Aug 5 2008 // Risk Management Solutions announced that a $200 million Multi-Peril Securitization has become the first catastrophe bond issued using RMS Paradex Europe WiNdstorm index for risk analysis. RMS said it has “performed...
RMS Launches ‘Paradex’ Model for European Windstorms
Feb 15 2008 // Risk Management Solutions (RMS) announced the launch of “the first parametric index for assessing insured industry losses from windstorms in Europe.” The new model -” Paradex Europe Windstorm”...
Caribbean Cat Risk Facility Announces Changes for Renewals
Feb 6 2008 // The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced the approval of several new measures to be implemented for the 2008 renewal period. “The changes are all meant to further satisfy the objective of...
Risk Management Solutions Comments on French Windstorm Securitization
Jan 14 2008 // Risk Management Solutions gave details of the recent analysis it conducted for a securitization of windstorm risk in France. The securities were issued through Green Valley Ltd., a special purpose vehicle (SPV), and...
EQECAT Provides Caribbean Cat Risk Assessment
Jun 12 2007 // Oakland, Calif.-based EQECAT, Inc., a subsidiary of ABSG Consulting, has provided the hurricane and earthquake risk assessment, and the design of the parametric insurance contracts for the formation and operation of the...
Swiss Re Sponsors $100 Million Mediterranean Earthquake Risk Bond
Jun 1 2007 // Swiss Re announced that it has obtained $100 million of protection against earthquake risk in Turkey, Greece, Israel, Portugal and Cyprus through a securitization – the first time the capital markets have been tapped...
RMS Parametric Model for Japan Typhoon Risk Securitization
May 23 2007 // Risk Management Solutions has designed the trigger mechanism and performed the risk analysis for a parametric securitization of typhoon risk in Japan. Issued by Akibare Ltd., a Cayman Islands special purpose vehicle (SPV),...
RMS, Weatherflow Launch Parametric Capital Market Index
Apr 26 2007 // Risk Management Solutions (RMS) has teamed up with WeatherFlow Inc., a provider of private weather data, to launch the “WindX(tm) parametric index” (www.windxnetwork.com).” The two companies timed the...
Catlin Enters $200 Million Cat Swap
Oct 2 2006 // The Bermuda-based Catlin Group Limited, an international specialty P/C insurer and reinsurer, announced that an operating subsidiary, Catlin Insurance Company Ltd. of Bermuda, “intends, subject to completion of...
S&P Says Katrina Won’t Hit Cat Bonds
Aug 30 2005 // Although they are still relatively rare, compared to the number of commercial property policies in force, a number of cat bonds covering specific property risks were briefly threatened by Hurricane Katrina. However,...
EQECAT Provides Risk Analysis for Largest Japanese Cat Bond
Aug 21 2003 // Oakland- based EQECAT Inc., a division of ABSG Consulting of Houston, Texas, announced that it has provided the risk analysis for a $470 million bond consisting of three individual tranches covering potential losses from...
RMS Provides Japan Earthquake Risk Analysis to Nissay Dowa, Swiss Re
May 31 2002 // Newark, California-based Risk Management Solutions (RMS) announced that it has provided the risk analysis to Nissay Dowa General Insurance Co., Ltd. and its counterparty, Swiss Re in support of the Fujiyama Ltd. $70...
SCOR Launches Multi-Continental CAT Bond with RMS Technical Help
Jan 28 2002 // On Jan. 3, French reinsurer SCOR Group launched the second installment of its innovative Atlas Re catastrophe bond, with technical analysis and parameters provided by Newark, Calif.-based Risk Management Solutions (RMS)...
S&P Confirms Earthquake Didn’t Trigger Japanese Cat Bonds
Oct 10 2000 // While the earthquake which struck Western Japan last week was very strong, measuring 7.3 on the Japanese Meteorological Agency scale, it was extremely deep, and the epicenter was far from a major population center –...
