ILS market eyes weather research as a new opportunity

Publish Date: 
August 22, 2013
Article Source: 
Royal Gazette

Royal Gazette article link: ILS market eyes weather research as a new opportunity

"The insurance linked securities (ILS) market could benefit from research being conducted by Atmospheric and Environmental Research (AER). Emerging Risk. The Bermuda Stock Exchange has 50 percent, or $7 billion, of the global ILS market listed. The market is currently seeing significant growth.

"AER announced last week that its scientists have begun a new emerging risk research programme entitled Climate Change: Tornado and Hail, to quantify any shifts in the patterns of hazard related to severe thunderstorms in North America."

Read the whole article.

Read more about the AER Emerging Risk research program Climate Change: Tornado and Hail.