Archive for August, 2013

Highlighting the importance of measuring, tracking and understanding longevity risks faced by pension funds, Danish pension fund manager ATP Group disclosed a loss in its pension activities mainly due to longevity risk discovered after an annual update of its members life expectancies.

Capital management for reinsurance firms is getting more complex as they increasingly have to factor in a  new form of capital, managing third-party capital, which from a reinsurers’ perspective is becoming a “wave of the future”, according to insurance rating firm A.M. Best.

In an ideal world, should it matter to a corporate buyer of insurance if its insurers reinsurance program is backed by non-traditional reinsurance capital, perhaps third-party or capital market sourced, or traditional reinsurance capital from a rated reinsurers balance sheet?

Here are the top ten articles as viewed by our readers week ending 25th August 2013. As always, you can read every market news story and article here on the Artemis news blog, subscribe to our weekly email newsletter updates and for your convenience here are the ten most popular news articles from the last […]

The first extreme mortality insurance-linked security transaction of 2013 is coming to market, a deal which will be welcomed by many investors seeking diversification. Atlas IX Capital Limited (Series 2013-1) is being launched for sponsoring French reinsurer SCOR and will provide it with retrocessional protection.

While much of the news and analysis on the global reinsurance market is focused on an increasingly influential third-party capital and insurance-linked securities (ILS) market and the impact it is having on traditional reinsurance rates and pricing, Charles Philipps, Chief Executive of Amlin expects the capital market and reinsurance to find equilibrium.

Registrations of new insurance and reinsurance entities in Bermuda continued at a rapid pace in July, with Special Purpose Insurers (SPI) again leading the way. There were 13 new re/insurer registrations in the Bermuda market during July, according to the Bermuda Monetary Authority (BMA), with 7 being SPI’s.

Every few months we like to take a closer look at two key metrics which help to better demonstrate recent trends in the catastrophe bond primary issuance market. These two metrics help to demonstrate where insurance-linked securities investors risk appetite lies when it comes to cat bond and how pricing has moved recently.

BMS Group, a leading independent insurance and reinsurance intermediary and broker, is planning to launch a unit dedicated to taking advantage of the growing opportunities in the insurance-linked securities (ILS) space. The unit will be named BMS Capital Advisory and will offer a full range of capital market ILS products.

A new pilot scheme offering flood insurance to residents of a region of Bangladesh using a parametric product based on flood depths has been launched by a group of organisations including Oxfam and Swiss Re. The product aims to use alternative risk transfer techniques to protect poor residents of river basin areas of the country.