Archive for November, 2012

We’ve said for a number of years that one area where the reinsurance convergence markets, where insurance, reinsurance and capital markets come together, can find growth is in the underinsured and rapidly expanding developing economies of the world. A report published today by Lloyd’s of London highlights this opportunity by warning of an annualised $168 […]

Another event report on hurricane Sandy and the superstorms potential impact on reinsurance and the catastrophe bond market has been published by investment manager Credit Suisse. Again, the update has been published via the London Stock Exchange by Dexion Capital for their DCG Iris ILS fund which acts as a feeder fund for and invests substantially […]

Risk modeller AIR Worldwide has published an update to their estimate of insured losses resulting from hurricane Sandy today and the numbers have jumped considerably. AIR’s first estimate was published on the 30th October and in that update they gave a range of $7 billion to $15 billion of losses but said they expected it […]

As expected the post-Sandy recovery in the outstanding catastrophe bond markets price and total returns has now helped the Swiss Re cat bond indices to a healthy weekly increase of well over 1%. Prices of many U.S. hurricane cat bonds have increased in the last week, with just the few that are more exposed to […]

The world’s largest reinsurer Munich Re recently published its latest quarterly ILS market update report which looks at the state of the catastrophe bond and ILS market at the end of Q3. The report contains some interesting insight from Munich Re’s Risk Trading team which looks at how the cost of issuing a 144A security […]

Reinsurer Swiss Re, one of the largest in the world, has issued their first estimate of insured losses the firm will face from hurricane Sandy. Given its size, Swiss Re participate in many of the world’s largest reinsurance programmes and will have significant exposure across the U.S. northeast states where Sandy caused so much damage. […]

We hope our U.S. readers enjoyed their Thanksgiving break. Here is our regular Monday morning update to ease you back into work and give you a chance to catch up on all the news from the markets we cover. As always, you can read every market news story and article on the Artemis news blog, […]

At the end of the third-quarter the total size of the outstanding catastrophe bond market reached a record level thanks to ILS funds being flooded with cash from large inflows of new capital from asset managers, says the world’s largest reinsurer Munich Re in its latest quarterly insurance-linked securities (ILS) market update on Q3 2012. […]

One of the most awaited numbers in the insurance, reinsurance, catastrophe bond and associated investment markets has been the insurance industry loss estimate from Property Claims Services (PCS) for hurricane Sandy.  Typically the first estimate from PCS is released around 30 days after the event and they’ve actually been quicker in the case of Sandy and […]

The universe of insurance-linked securities funds is about to get another interesting investment opportunity as ILS Advisers, an investment consultancy based in Hong Kong focusing on ILS as an asset class, begins marketing the first ILS Index Fund. The ILS Index Fund will be the first investment vehicle of its kind, allowing investors to take […]