Archive for October, 2018

Bermudian insurance and reinsurance group Aspen Insurance Holdings Limited has continued to cede an increasing amount of its gross premiums written, with retrocessional and third-party capital providers the likely beneficiaries.

Bermudian insurance and reinsurance specialist AXIS Capital Holdings Limited has started to earn a significant amount of fee income from its activities with third-party investors, as its fees earned from the strategic capital partners relationships rise significantly year-on-year and cessions to investors continue to increase.

Leadenhall Capital Partners LLP, the London headquartered specialist insurance-linked securities (ILS) and reinsurance linked investment manager, has significantly increased the size of its life insurance-linked securities (ILS) strategies this year, raising more than $600 million for them in the second-half of 2018.

COIN Reinsurance has been launched as a new Florida based property reinsurance broker, with a goal to disrupt the standard market practice way of doing business and reduce the costs of reinsurance as a result.

The alternative investments sector is forecast to see explosive growth over the coming five years, with alternative assets under management, consisting of private capital and hedge funds, likely to reach $14 trillion by 2023.

Investor allocations to the insurance-linked securities (ILS) and reinsurance linked investments space are driven more by the diversification and relative lack of correlation than by the absolute returns achievable, according to a survey.

Asset management giant Amundi Pioneer Investment Management has hired experienced reinsurance underwriter Campbell Brown as a portfolio manager for its range of insurance-linked securities (ILS) fund strategies.

Global asset management group Schroders, which manages more than $3 billion of catastrophe bond and insurance-linked securities (ILS) assets, has announced a tie-up with Lloyds Banking Group that will give it an expanded reach to new clients and an £80 billion wealth management mandate.

U.S. domiciled global insurance and reinsurance group Chubb demonstrated the effectiveness of its reinsurance program in the third-quarter, as its results reveal the firm ceded roughly 34% of its catastrophe losses to reinsurance capital.

SCOR continues to make progress towards its full year targets, but its third-quarter was hit by a larger than expected catastrophe loss load, as the reinsurance firm dealt with impacts from hurricane Florence, typhoon Jebi, typhoon Mangkhut and other events.