Archive for December, 2018

According to alternative risk premia focused mutual fund manager Stone Ridge Asset Management, the returns possible from reinsurance risk premiums still pass its “smell test” as an asset class with long-term value for investors.

Asset manager Amundi Pioneer Investment Management’s flagship dedicated insurance-linked securities (ILS) fund, the Pioneer ILS Interval Fund, managed a positive return of over 5% in the year to October 31st 2018, as premium income earned outweighed insured losses for the managers’ ILS portfolio.

The Lane Financial LLC synthetic insurance-linked securities (ILS) rate-on-line index rose 15% during the final quarter of the year as ILS rates look to have entered hard market territory, while its analysis indicates ILS rates could rise up to 20%.

Here are the ten most popular news articles, week ending 30th December 2018, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish.

In association with our sister publication Reinsurance News, we’ve launched a new survey asking for your opinions on the state of the market as the January 2019 renewal fast approaches. Please spare us five minutes of your time and provide your view.

A cyclical downturn in the amount of alternative capacity deployed into reinsurance markets through insurance-linked securities (ILS) would benefit traditional reinsurers like Swiss Re, the Chief Executive Officer of the firm has explained in the press.

The Ontario Teachers’ Pension Plan (OTPP) has promoted Bernard Grzinic to the role of Managing Director for Credit, Insurance Linked Securities and Equities within Capital Markets group, which will see him leading the investment teams for each of these areas.

For insurance-linked securities (ILS) investors with a longer time horizon, the declining interest from opportunistic investors is a positive development, according to Robert Lindblom, the Chief Executive Officer (CEO) of Entropics Asset Management AB.

The insurance and reinsurance industry may shoulder as much as $1.1 billion of claims for damage following the tsunami that struck Indonesia after the eruption of the Anak Krakatau volcano.

It’s expected that global reinsurance capacity, including that provided by the capital markets, will be on the rise again as 2019 progresses and the market recovers, given the current spate of capital raises and new launches that are in the works.