2011

This morning reinsurer Swiss Re held a media event at their London offices to provide invited members of relevant media with insight into the insurance-linked securities and catastrophe bond market over the course of 2011. The presentations began with a review of the last year and how the cat bond market coped with what Swiss […]

2011 has been a year of major losses for re/insurers around the world and at home. This year has seen the highest number of billion dollar weather disasters in U.S. history although that hasn’t equated to the largest U.S. losses on record. Billion dollar weather disaster incidence does seem to be on the rise with […]

Munich Re has published a report and data on the natural catastrophe loss events which have impacted the world and the reinsurance sector in the first half of 2011. To date, 2011 is now the most disastrous on record according to Munich Re, with total economic losses for the first six months of the year […]

Re/insurers should expect to be billed for insured losses of around $52.6 billion for the first quarter of this year. That compares to a total of $40.b billion for the whole of 2010 according to a report from Aon Benfield. The latest edition of their Fac Quarterly report really brings home the scale of losses […]

Strong investor demand and attractive market conditions resulted in a record first quarter of 2011 for catastrophe bond issuance said Willis Capital Markets & Advisory (WCMA) in their recently published Q1 cat bond market report. $1 billion of catastrophe bonds were issued during Q1 2011 compared to $650m in the same quarter last year.

Standard & Poor’s (S&P) have published a report titled ‘Global Insurance-Linked Securitization Market Likely To Diversify Further In 2011‘. The report, available to subscribers of their RatingsDirect service, gives some insight into how they see the insurance-linked security markets prospects for development during 2011. Standard & Poor’s are responsible for rating the vast majority of […]

Confidence is brimming about the prospects for another healthy year of catastrophe bond issuance. Global reinsurer, Munich Re have issued a press release discussing the prospects for the market over the coming year. They expect the market to achieve total growth in 2011, with a greater volume of catastrophe bonds issued than the volume of […]

Last January we started a poll which ran all year allowing Artemis’ readers to guess what volume of catastrophe bonds would be issued during 2010. Well, our readers are a knowledgeable bunch as the response with the most votes was $4B to $6B (2010 actually saw $5.2 billion of cat bond issuance) and this answer […]

Willis Capital Markets and Advisory, the division of broker Willis that advises re/insurers and clients on capital markets products and issues, has published a review of the fourth quarter 2010 insurance-linked securities and catastrophe bond market. It’s the first time we can remember Willis publishing an update on ILS and cat bonds, so demonstrates their […]

At a press briefing held at their London offices this morning, Swiss Re predicted that the insurance-linked securities and catastrophe bond market will return to absolute growth during 2011 following three years where outstanding risk capital contracted.