Archive for January, 2017


DFID disaster risk transfer plans hint at capital markets potential

The UK’s Department for International Development (DFID) has underlined its commitment to improving and advancing economic development in the world’s poorest and most vulnerable countries, which includes the expansion of innovative climate and catastrophe risk insurance solutions from the private sector.Although unclear from the report, our interpretation is that DFID read the full article →

Interest rate rise won’t reduce allocation to ILS market: Morgan Stanley

After the U.S. Federal Reserve hiked interest rates in December of 2016 analysts at Morgan Stanley have said that the move wouldn’t result in a reduction in the allocation of capital to the alternative reinsurance market, as investors favour the sector’s diversification over its returns.Some risk transfer market analysts and read the full article →

Consultation launched on FCA oversight of UK ILS rules

The UK's Financial Conduct Authority (FCA) has launched a consultation on changes to the FCA Handbook to incorporate its supervisory oversight of the UK's new insurance-linked securities (ILS) regulatory regime.The consultation has been launched today, and sets out the FCA's proposals for the ILS related changes required to its handbook, read the full article →

$200bn loss may not floor London, but could herald huge ILS inflows

A new study that looks at how the London insurance and reinsurance market would cope with an unprecedented $200 billion convergence of catastrophic losses, suggests that while it would not be fatal for London market participants, it could result in a situation where the capital market floods in.The study results read the full article →

Markel CATCo sees increased demand, fund deploys all capacity at 1/1

Reinsurance and retrocession linked investment manager Markel CATCo has successfully deployed all of its flagship listed fund's capacity at January 1st 2017 after it saw an increased demand for products offered by its Markel CATCo Re Ltd. reinsurer.The company recently revealed an 8.12% return for the ordinary shares of read the full article →

Greater availability & use of leverage is increasing ILS limits: WCMA

Historically, investors in the insurance-linked securities (ILS) marketplace had little leverage to take advantage of, but in today’s market environment leverage presents itself in various forms, ultimately helping to increase ILS limits, according to Willis Capital Markets & Advisory (WCMA).During 2016 ILS capital reached an impressive $75 billion but the read the full article →

ILS funds saw more frequent loss events in 2016, we review the year

A number of insurance-linked securities (ILS) and reinsurance linked investment funds ended 2016 with some loss reserve adjustments in December, ending a year that saw a frequent number of events impact the ILS market. We take a look at some of the events that threatened ILS fund losses in 2016.Two read the full article →

Almost 1/4 of pensions consider ILS investment, trustee comfort is key

Almost one-quarter of pension plans canvassed in a recent survey said that they are actively considering making new investments into the insurance-linked securities (ILS) asset class, but half of those surveyed said getting trustees comfortable with the asset class is the largest hurdle they face.Investing in insurance and reinsurance linked read the full article →

Aetna hails how eighth Vitality Re ILS enhances its capital position

Health insurance company Aetna said that its successful eighth Vitality Re health insurance linked securitisation transaction, the $200 million Vitality Re VIII Ltd. (Series 2017-1), contributes to an enhanced capital position for the firm.The successful execution of the Vitality Re VIII transaction, and sale of the notes issued to investors, now read the full article →

Leadenhall Capital Partners appoints Lam to management board

Specialist London headquartered insurance and reinsurance linked securities investment management firm Leadenhall Capital Partners has added Ly Lam to its board of management as a representative of MS Amlin.Lam joined MS Amlin as Head of Strategy for Reinsurance in October 2016 and reports directly to Global Managing Director of Reinsurance read the full article →