Archive for July, 2016

The steady fall in the cost of reinsurance coverage has now typically made it the cheapest and most efficient form of contingent capital, when compared to ceding companies equity, debt and own capital, according to a new study from JLT Re.

A 1-in-200 year U.S. hurricane loss event could result in insurance and reinsurance losses of as much as $150 billion, which could wipe out as much as 50% of the entire catastrophe bond, alternative capital and ILS market, according to analysts at Deutsche Bank.

Alternative product specialist insurance and reinsurance firm Allianz Risk Transfer has closed a second innovative weather hedging revenue management transaction for a wind farm with the help of insurance linked asset manager Nephila Capital.

In the wake of a natural disaster event in an emerging, vulnerable region of the globe disaster aid, while important, often takes time to reach those in need and in some cases is far from enough to meet the needs of those affected.

The recent higher levels of catastrophe loss suffered by the insurance and reinsurance industry in the second-quarter, may be sufficient to help install a floor on reinsurance pricing at the January 2017 renewal season, analysts at Macquarie Research have suggested.

International catastrophe risk modeling firm AIR Worldwide has been selected by the World Bank to model the Pandemic Emergency Financing Facility (PEF), and has also announced substantial enhancements to its Global Pandemic Model.

Specialist longevity risk information provider Club Vita and insurance and reinsurance player Legal & General have teamed up to bring longevity risk transfer to a wider audience of pension schemes, with the goal of providing an automated longevity insurance pricing service.

Insurers at the specialist Lloyd’s of London insurance and reinsurance market saw rate declines continue to slow at mid-year, albeit not as much as some would have liked. However, the negative trend is somewhat offset by the continued attractive price of reinsurance, says J.P. Morgan.

The contribution made by its insurance-linked securities (ILS) business helped insurance and reinsurance group Hiscox to a good result, with the additional scale of the Kiskadee Investment Managers business increasingly adding income to the company.

Here are the ten most popular news articles, week ending 24th July 2016, 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.