Articles by Charles E. Boyle

ILS Puts Reinsurance Market on a New Course: Twelve Capital’s Butler Explains How

Zurich-based Twelve Capital is only five years old, but it, along with similar companies, has already fundamentally altered the reinsurance industry. It’s taken a remarkably short period of time for “alternative capital” to morph into “insurance linked securities (ILS),” and …

UnipolSai, Willis Capital Confirm Italian Cat Bond for Azzurro Re; 1st in Europe

UnipolSai Assicurazioni S.p.A. (UnipolSai), a multi-business Italian insurance company of the Unipol Group and Willis Capital Markets & Advisory (WCMA) part of Willis Group Holdings plc, have confirmed the “completion of the re/insurance industry’s first indemnity-trigger catastrophe bond primarily for …

U.S. Forecaster Sees El Nino Likely to Last into Spring in No. Hemisphere

A U.S. government weather forecaster on Thursday raised the likelihood that El Nino conditions would last into the Northern Hemisphere’s early spring to 85 percent, boosting the probability that drought-stricken California could see increased rains. The Climate Prediction Center, a …

India PM Modi Plans Expansion of Farmer Insurance before India State Elections

Indian Prime Minister Narendra Modi is planning to give farmers comprehensive insurance coverage as he looks to win state elections in largely rural areas. The government will start the new insurance program in the winter crop running from October to …

Technology, Supply Chain & Regulation Top ACE Europe’s List of EMEA Risks

A list, compiled by the ACE European Group, sets out the “new wave of interrelated, fast-changing risks, reflecting rapid changes in the global economic landscape and the increasing role of technology and multinational expansion as growth drivers, tops the list …

’Seismicity’: Re/insurers Ponder the Impact of Human-Caused Earthquakes

Earthquakes, the natural kind caused by the movements of vast tectonic plates, have been occurring since the dawn of time. But now there is a new type of quake, the study of which has been labeled “seismicity,” which is being …

Reinsurance Industry Faces Uncertain Future as Time Moves On

It’s around two months until the annual Reinsurance Rendezvous in Monte Carlo, where the reinsurers, brokers, carriers, lawyers, accountants and cat modelers discuss the state of their industry. That industry, until recently a rock solid bastion of the “we do it …

Models for Explosions from Terrorist Attacks Could Reduce the Carnage

While catastrophic event models mainly focus on weather related events, the world also has to cope with catastrophic terrorist acts, particularly those caused by explosive devices placed in areas where they will cause the most damage and kill the most …

‘Seismicity’ – Re/Insurers Ponder the Impact of Human-Caused Earthquakes

Earthquakes, the natural kind caused by the movements of vast tectonic plates, have been occurring since the dawn of time. But now there is a new type of quake, the study of which has been labeled “seismicity,” which is being …

ThoughtWorks Provides New Thinking for Insurers’ Software Needs

Wardour Street in Central London’s SoHo district has long been known for film and TV productions, but it’s now home to hi-tech enterprises as well. Jaydeep (Jay) Korde, client principal at ThoughtWorks, one of the most innovative creators of what …