Catastrophe
What drives natural gas?
Natural gas prices in the US are at an all-time high. The Gulf Coast hurricanes and record summer heat have taken their toll, and business is feeling the effect. Studying and applying seasonality can often protect aganst the volatility of these markets,…
The View on Flu
Extreme Risks
Beyond long only
Hedge funds
Katrina sparks model rethink
Demand for catastrophe bonds is unlikely to wane following the impact of Hurricane Katrina in August, despite question marks raised about hedge funds' appetite for taking on catastrophe risk in the aftermath of the disaster.
Shelter from the storm
Energy companies are showing increased interest in hurricane derivatives, a specialist product that can provide an additional layer of protection on top of insurance. Joe Marsh reports
Losses & Lawsuits
LOSS DATABASE
Katrina sparks model rethink
New angles
A disciplined approach
E&P companies tend not to strategically hedge in a rising market. But there are good reasons for them to do so, and some are sticking to their hedging strategies, despite suffering losses on their derivatives contracts. By Joe Marsh
A catastrophe waiting to happen?
As climate change and geopolitical uncertainty ratchet up the risk of a single, catastrophic event, insurers are turning to catastrophe bonds to offset that risk.
A catastrophe waiting to happen?
catastrophe bonds
A catastrophe waiting to happen?
cat bonds
Insurers weather US storms
New Angles
Fair weather future
Judging from the success of the weather risk market in the Asia-Pacific region,the Chicago Mercantile Exchange couldn’t have picked a more opportune timeto launch Japanese weather futures. By Paul Lyon
RMS releases updated Climetrix weather trading system
Risk Management Solutions (RMS), a California-based provider of products and services for the management of natural hazard risk, today released version 4.0 of its Climetrix weather derivatives trading and risk management system.
Storms ahead
Rankings 2004
Geopolitical futures: The politics of betting
Using markets to forecast political events may not be as strange an idea as it seemed in July, when a terrorism futures scheme collapsed. But there is still scepticism as to whether such an approach would be ethical or effective.
Modelling the unthinkable
DATABASES AND MODELLING
Terrorism insurance - Modelling the unthinkable
In November, the US government passed a law requiring all insurers to underwrite terrorism risk, forcing them to find a way to price this exposure. Could terrorism risk models be the answer?
Modelling the unthinkable
Terrorism insurance
Securitising terror
Terrorism catastrophe bonds
Modelling the unthinkable
Insurance special – Terrorism insurance
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