Archive for June, 2018

QBE Re, the global reinsurance underwriting division of Australian insurer QBE, has hired former Aspen insurance and previously Aspen Re CEO Stephen Postlewhite to become the firms new Deputy Global Chief Underwriting Officer.

The African nation of Kenya is the next country in line to benefit from a Catastrophe Deferred Drawdown Option (Cat DDO) from the World Bank, with a project underway to deliver a $200 million disaster risk financing arrangement including a catastrophe contingent line of credit, alongside development financing.

Reinsurance giant Munich Re has redeemed another tranche of notes from its Eden Re series of collateralized reinsurance sidecar issuances early, which may again be related to the loss activity of 2017’s hurricanes and other catastrophe events.

There is just over two weeks left until our third annual insurance-linked securities (ILS) conference in Asia. The full agenda for ILS Asia 2018 is now available on the website and we’re down to our final batch of tickets for the event. Today we wanted to give you a glimpse of who you can meet […]

Storms that caused recent outbreaks of rainfall and hail, as well as flooding, in France are expected to result in losses to the insurance and reinsurance industry of over $500 million (EUR 430m) as more than 214,000 claims have been recorded.

Insurance and reinsurance industry broker Aon believes the rate rises seen this year made it a good time to initiate or add to an investment in insurance-linked securities (ILS), in light of the potential for firming to be sustained in some catastrophe markets.

The magnitude 5.3 shallow earthquake that struck the Osaka region a week ago, is now reported to have caused damage to at least 6,750 structures in the local area, while an estimate from the USGS gives a 41% chance of the economic losses from the quake surpassing $1 billion.

The city of Shanghai in China is once again targeting catastrophe bonds as a new offering for its local insurance and reinsurance market, as insurance-linked securities (ILS) remain a risk transfer tool target for the regulator in the area.

The London exchange listed Blue Capital Alternative Income Fund insurance and reinsurance linked investment strategy has stopped making any new investments pending a vote to decide whether it should be put into run-off or not.

Here are the ten most popular news articles, week ending 24th June 2018, 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 or get our email alerts for every article we publish.