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» Q4 2014 Catastrophe Bond & ILS Market Report - A busy finish to a record year for ILS
This report reviews the catastrophe bond and insurance-linked securities (ILS) market at the end of Q4 2014, looking at the new risk capital issued and the composition of the transactions completed during Q4 2014 and providing a short review of the full-years record issuance.

Q4 saw a range of diverse transactions and total issuance reached $2.16 billion. The active quarter helped the full-year 2014 achieve a new record of $8.8 billion. Download the report here.

» Reinsurance renewals coverage
The January 1st reinsurance renewals see a continuation of high levels of capital and competition, with initial reports suggesting average price declines of 10% across catastrophe lines and between 5% to 15% elsewhere.

» What to do with all this ‘superabundant’ re/insurance capital?
Excess capital creates market pressure, but given where the reinsurance market is in its development cycle, with all the innovation we’re seeing in both traditional and third-party capital structures, couldn’t there be a better use for it?

» 2014 catastrophe bond issuance reaches $8.794 billion, outstanding market passes record $25 billion
2014 catastrophe bond & ILS issuance has now reached a very impressive $8.794 billion. The outstanding ILS and catastrophe bond market has reached yet another new milestone with a record size of $25.029 billion.

» Sequant Re launches ILS platform, aims to ease investor access to risk

» 2015 Atlantic hurricanes, early forecasts suggest average to below season

» Reinsurance rates decline at Jan 1, change the only sustainable course

» XL buys Catlin for £2.79B. Makes XL more attractive to third-party capital

» Proposal seeks to open up catastrophe bond investing for life insurers

» Reauthorised TRIA to seek advice from ILS & alternative risk markets

» Reinsurance is on an inevitable road to somewhere different: Guy Carpenter

» It’s not a soft reinsurance market yet and may not be in 2015: Moody’s

» Reinsurance rate softening, broadening of terms ahead in 2015: KBW

» Predictions for 2015: Luca Albertini, CEO, Leadenhall Capital Partners
Luca Albertini is Chief Executive Officer of specialist insurance and reinsurance linked investments manager Leadenhall Capital Partners LLP.

» Predictions for 2015: Rick Miller & Michael Popkin, Jardine Lloyd Thompson Capital Markets
The pair gave us some thoughts on how ILS will develop in 2015, the prospects for privately placed cat bonds and where new opportunities may lie for ILS markets and investors.

» Predictions for 2015: Rob Procter, CEO, Securis Investment Partners
Thoughts from Rob Procter, CEO at ILS investment manager Securis, on how ILS will develop in 2015 as well as some new insight on new initiatives.

» Predictions for 2015: Stefan Krauchi, Founder, ILS Advisers
Stefan Kräuchi, Founder of ILS Advisers, who also manage the ILS Diversified Ltd. fund of ILS funds, gave us his thoughts on how the ILS market will evolve and thrive in 2015.

» Predictions for 2015: Diego Wauters, CEO, Coriolis Capital
Diego Wauters, CEO of insurance and reinsurance-linked investment fund manager Coriolis Capital Limited, gave us his thoughts in this series of pieces on the continued development of the ILS market in 2015.