Catastrophe insurance helps in protecting residences and businesses against natural disasters like hurricanes, floods, earthquakes, and against man-made disasters such as terrorist attacks. Generally, catastrophe insurance has a low probability that involves high-cost events. These high-cost events are excluded from the standard hazard insurance policies. It is difficult to estimate the total potential cost of an insured loss thereby making it difficult for the catastrophe insurance issuers to effectively manage risk. Retrocession and reinsurance are used with catastrophe insurance to manage catastrophe risk.

PART 01: Executive summary

Highlights

PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

Definition of catastrophe insurance

Difference between catastrophe and non-catastrophe

exposure

Catastrophe insurance transaction

PART 05: Market landscape

Market overview

Global insured losses and forecast

Five forces analysis

PART 06: Geographical segmentation

Geographical segmentation

Americas

APAC

EMEA

PART 07: Market drivers

Catastrophe bond pricing and valuation strategies

Regulatory support for public-private cooperation on

building resilient infrastructure and better risk

governance

Climatic changes

PART 08: Impact of drivers

PART 09: Market challenges

Impact of catastrophic losses on the insurers' balance

sheets and on pricing and rating system

Modeling of climatic hazards

Challenges faced by insurance brokerage firms

PART 10: Impact of drivers and challenges

PART 11: Market trends

Improvement in capital management leading to greater

performance of different investments

Use of big data analytics to design catastrophe

policies

Leveraging social media channels for better market

penetration and for better customer connectivity

PART 12: Vendor landscape

Competitive landscape

Other prominent vendors

PART 13: Key vendor profiles

American International Group, Inc.

Allianz

AXA

Berkshire Hathaway

Lloyds

PART 14: Appendix

List of abbreviations

PART 15: Explore Technavio