Archive for January, 2015


ILS to grow strongly, reinsurers to be increasingly pressured: Credit Suisse

With insurance-linked securities (ILS) and capital market participation in reinsurance expected to continue growing strongly the outlook for traditional reinsurers remains bleak, analysts at investment bank Credit Suisse explained in a research note today.Credit Suisse's equity analysts see the outlook as so bleak that it they have set the bank's read the full article →

Scientists continue search for warming climate link to La Nina

As the impacts of global warming and climate change continue to cause debate and uncertainty, the possible effect that changing weather patterns have on La Nina and El Nino events has been the research of certain scientists for some time now.A recent article on the BBC and Reuters website, explains read the full article →

Not everyone is pulling back on U.S. catastrophe reinsurance

It may come as a bit of a surprise, but some reinsurance companies aren't pulling back on underwriting U.S. catastrophe reinsurance business, as the margins available continue to be attractive to firms for which the hurdle rate is sufficient to meet cost-of-capital.Over the last two or more years there has read the full article →

Speedwell Weather expands commodity weather risk data product

Speedwell Weather, a provider of weather data, forecasts, software, analytics and consultancy to the weather risk management and derivatives market, has expanded its Speedwell Commodity Product to enhance the granularity of data available.The Commodity Product is used to inform anyone for who visibility of weather forecast and historical data is important read the full article →

Investors approve CATCo retro reinsurance fund return of value

Investors in the CATCo Reinsurance Opportunities Fund Ltd., the London stock exchange listed retrocessional reinsurance-linked investment fund, have approved the latest return of value proposal at a general meeting held yesterday.The Board of the CATCo Reinsurance Opportunities Fund Ltd. proposed earlier in January a return of value of $35m, which read the full article →

ACE, maintaining discipline in a market “awash with capital”: Greenberg

ACE Group CEO Evan Greenberg said that his firm's reinsurance arm is maintaining its discipline in a reinsurance market that is "awash with capital," while the M&A trend is likely to take some capital out of the market which could create some stability.Speaking during the ACE earnings call yesterday Greenberg read the full article →

AlphaCat assets hit $1.88B, but PaCRe investment losses weigh

Total assets under management at AlphaCat Managers Ltd., the ILS focused unit of reinsurance group Validus, have reached $1.88 billion according to the reinsurers results, but performance for the unit was hit by investment losses at hedge fund reinsurance joint-venture PaCRe Ltd.AlphaCat, the insurance-linked securities, catastrophe bond and reinsurance linked read the full article →

2015 Alamo cat bond still on agenda for TWIA’s reinsurance renewal

The Actuarial and Underwriting Committee of the Texas Windstorm Insurance Association (TWIA) has just completed its latest meeting, at which the committee resolved to pursue a 2015 reinsurance renewal that can include a new Alamo Re catastrophe bond.TWIA is the insurer of last resort for Gulf Coast property owners in read the full article →

2 million African farmers insured for weather & catastrophe risks: Swiss Re

One of the world’s largest reinsurance firms, Swiss Re, recently announced that two million African smallholder farmers are now protected against drought, floods and other natural perils, thanks to the efforts of the World Bank and Swiss Re Corporate Solutions.Back in 2012, Michel Lies, Swiss Re’s Chief Executive Officer (CEO) read the full article →

Cat bond market averages 8.33% annual growth since 2002: Swiss Re

The catastrophe bond market has averaged a very impressive 8.33% on a compound annual growth rate basis since 2002, according to the Swiss Re Global Cat Bond Total Return Index, displaying significantly less volatility than other asset classes.Swiss Re's indices track the performance of the outstanding catastrophe bond market over read the full article →