natural disaster coverage News

Despite Recent Natural Disasters, Homeowners Fail to Enhance Coverage: Clearsurance

A recent online survey of 1,000 U.S. individuals uncovered that the majority (87 percent) are concerned about a natural disaster striking their area but very few have taken action to protect themselves from being uninsured or underinsured. Of those that …

Pension Funds Looking for Higher Yields from Cat Bonds

Pension funds are turning to specialist bonds that bet on the likelihood of a natural disaster, in a search for yield and returns that are not correlated to the rest of the market. What was once considered an exotic investment …

CCRIF Selects Anthony as First Full-Time CEO

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced the appointment of Isaac Anthony from Saint Lucia as the Facility’s first full-time Chief Executive Officer, effective January 1, 2013. Prior to this appointment, he served as Permanent Secretary, Planning and National …