Archive for October, 2015

Persistent pressures in the global reinsurance market signal a continuation of the merger and acquisition (M&A) trend currently sweeping through the industry, leading Stephen Catlin, of XL Catlin, to urge those involved in M&A activity to do so for more than just scale.

Reinsurance broker Willis Re wants to help its insurer clients to enhance their views of global catastrophe risks, with a new dual approach to catastrophe risk modelling and risk analytics, something that would also benefit insurance-linked securities (ILS) investor or fund managers.

One of the world’s largest reinsurance firms Munich Re, has underlined the growing sponsor base of insurance-linked securities (ILS) following strong issuance during the third-quarter, with an expectation that public entities will increasingly look to participate in the catastrophe bond market.

At the upcoming key January reinsurance renewal period, where many of the world’s major reinsurance program terms, conditions and prices are renegotiated and renewed, prices may decline by more than -10%, according to broker Guy Carpenter.

Here are the ten most popular news articles, week ending 18th October 2015, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates.

Once again the Philippines faces a powerful and dangerous storm as typhoon Koppu, also know as Lando, approaches a landfall in the coming hours. The typhoon is a Category 4 storm, with winds of 130mph+ and the forecast threatens extreme rainfall and flooding in its path.

The “fundamental secular pressures” that have been affecting the reinsurance industry over the last few years have not yet been fully priced into the sectors stock prices, according to analysts at Bernstein.

A new report published by the Lloyd’s of London insurance and reinsurance market concludes that by underpinning liability catastrophe models with big data techniques, opportunities could be found for the ILS market to get more deeply into casualty risks.

Higher demand for secondary market catastrophe bond and ILS investment opportunities helped to drive prices higher in September, which alongside seasonality in the peak month of the U.S. wind season, drove attractive cat bond returns in the month.

The Vulnerable 20 (V20), a group of the most vulnerable nations to weather extremes and a changing climate, is aiming to establish a risk pooling mechanism for climate related risks within the next five years, it was announced at a recent meeting.