Archive for September, 2012

The insurance-linked securities and catastrophe bond market has experienced a stellar year of performance, according to the latest annual ILS market report from Aon Benfield Securities. The regular annual report on ILS and cat bond market progress is titled ‘Evolving Strength 2012’ and looks at key trends in the marketplace in the year to 30th […]

In our latest article looking at reports on the reinsurance sector from rating agencies, we look at A.M. Best’s special report ‘Reinsurers Show Resilience Under Weight of Catastrophes, Economic Woes’. In it A.M. Best says that the financial position of global reinsurers today shows the sectors financial resilience through 2011 which was one of the […]

The latest catastrophe bond to hit the market, Eurus III Ltd., is following the trend of almost every other cat bond of 2012 and has increased in size during the marketing phase, according to our industry sources. Eurus III, which began its life as a single tranche €75m European windstorm cat bond seeking to provide […]

It’s ratings agency report season as all three of the main agencies have published reports on the reinsurance sector in advance of the Monte Carlo Rendezvous next week. So please excuse the increased frequency of articles, but we feel it’s worth highlighting any relevant points. The latest report comes from Moody’s who say they are […]

Ratings agency Standard & Poor’s has published a report looking at where investors have been showing the most interest in deploying capital in the reinsurance sector after the catastrophes of 2011. S&P says that despite the record natural catastrophe losses that the re/insurance industry suffered in 2011, financial investors were largely uninterested in supporting a […]

Reinsurance intermediary Aon Benfield have published the latest edition of their twice yearly Aon Benfield Aggregate report today in which they look at the financial position of the world’s top reinsurers. In it they say that at the 30th June 2012 global reinsurer capital was up 5% on six months previous to $480 billion. New […]

Fitch Ratings says that the reinsurance sector’s capitalisation and claims paying ability has improved over the last year, in their latest outlook on the global reinsurance industry. Overall, Fitch gives the reinsurance sector a stable ratings outlook over the next 12 to 24 months, and expects reinsurer ratings to be supported by the sectors capital, […]

Tropical storm Leslie, the 12th named storm of the Atlantic season, has been brewing in the mid-Atlantic for the last few days, building in strength, but the storms eventual path and intensity has been uncertain. The forecast models remain diverged on the eventual track Leslie will take, but they are beginning to come together and […]

Countries in Asia have been discussing the possibility of creating a disaster and catastrophe insurance pool for the region for a number of years. One of the leading voices has been the Philippines, as a country particularly exposed to climate, weather and natural disasters, who have been investigating possible solutions and looking into alternatives such […]

The California Earthquake Authority (CEA) has released some details of their risk transfer and reinsurance plans for the remainder of 2012 and for 2013 after a board meeting held on the 23rd August. Documents published on the CEA’s website show that they continue to focus on achieving cost-effective risk transfer through the use of traditional […]