Press Release Archive
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View latest press releases.
1999 - 2003 Press Releases
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September 2003
Hurricane Isabel Affects North Carolina
EQECAT estimates the insured loss for Hurricane Isabel to be in the $500 million to $1 billion range.
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August 2003
EQECAT Provides Risk Analysis Support for the Largest Cat Bond Deal to Date
EQECAT today announced that it has provided the risk analysis for a $470 million bond, the largest cat bond issued to date based on total amount of risk transferred.
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November 2002
EQECAT to Speak at Successfully Managing Terrorism Insurance Risk Conference
Peter R. Fisher, Treasury Under Secretary for Domestic Finance to address insurance industry in January 2003, at the "Successfully Managing Terrorism Insurance Risk" summit on the Terrorism Risk Insurance Act of 2002.
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September 2002
EQECAT has been selected by the Insurance Bureau of Canada (IBC) to participate in a major industry study that will revise and redraw the Canadian CRESTA zone seismic boundaries.
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April 2002
On March 15, 2002 EQECAT was awarded a contract to develop the earthquake loss costs for the Workers' Compensation Insurance Rating Bureau (WCIRB) of California.
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December 2001
EQECAT Announces Catastrophe Management Conference
EQECAT will sponsor "Innovations in Catastrophe Management" conference in Ft. Myers, Florida on March 3-6, 2002.
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September 2001
RiskMeter.com Forms Alliance with EQECAT to Provide Earthquake and Wildfire Risk Information
RiskMeter is proud to announce an alliance with EQECAT to provide earthquake and wildfire information based on a risk's location.
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August 2001
EQECAT Plans Catastrophe Management Conference in Paris
EQECAT, Inc. will again be sponsoring "Innovations in Catastrophe Management" in Paris, France on September 26 and 27, 2001.
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May 2001
EQECAT Supports Swiss Re Capital Markets Issue with "Second Generation" Parametric Loss Trigger
EQECAT, Inc. announced that it provided the risk analysis in support of the recent Swiss Re-sponsored SR Wind Ltd. issue, consisting of $120 million of four-year securities, which provide protection against one or more US hurricanes and one or more French windstorms.
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May 2001
EQECAT's Hurricane Model Meets All Standards of Florida Commission
EQECAT, Inc. is pleased to report that the Florida Commission on Hurricane Loss Projection Methodology has approved its proprietary USWIND® model, part of the WORLDCATenterprise platform.
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March 2001
EQECAT Names Michel Voronkoff to Manage European Consulting Activities
Mr. Michel Voronkoff joined EQECAT, Inc. to manage its European Consulting activities.
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March 2001
EQECAT Supports California Earthquake Authority's Innovative Use of Capital Markets
Swiss Re Capital Markets Corporation and Goldman, Sachs & Co. recently used a combination of reinsurance and investment capital to arrange $100 million that will be available to California Earthquake Authority policyholders in the event of one or more major earthquakes in the next 23 months.
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September 2000
EQECAT Voted Professional Service Provider of the Year
On August 30, 2000 in London, The Review chose EQECAT, Inc. as the recipient of the Professional Service Provider of the Year award.
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October 1999
EQECAT Selected to Assist Taiwan Insurance Industry Earthquake Insurance Pool Study
EQECAT was selected by government-owned Central Reinsurance Corporation (CRC) of Taiwan to assist in a feasibility study for a voluntary residential earthquake insurance pool.