Archive for August, 2019

Innovative insurance and reinsurance market regulatory structures help even the largest pension schemes in the world access the reinsurance market more efficiently, broker Aon said.

Typhoon Lekima is without doubt set to become one of the most expensive natural disaster events to strike China in recent years, with the latest economic damage estimate of approximately US $7.4 billion placing the storm as the second most expensive typhoon to hit China ever.

Near 200 year old insurance and reinsurance broking group Tysers has opened its first Bermuda office as it seeks further expansion and to produce business from both traditional and alternative or ILS markets on the island.

The impacts of 2017 and 2018 catastrophe events on the insurance-linked securities (ILS) market has altered the dynamics of the space, and while volatility with loss estimates needs to be addressed, the attractive risk-adjusted returns on offer highlights the benefits of a structural allocation to the space.

Mergers and acquisitions (M&A) activity is expected to continue driving greater convergence of traditional insurance and reinsurance with the insurance-linked securities (ILS) market, S&P Global Ratings expects.

Following an EUR 26.3 million jackpot prize won by one of its customers in a secondary lottery draw, lottery company MyLotto24 is set to benefit from the jackpot protection it has in place through its Hoplon III Insurance Ltd. insurance-linked securities (ILS) transaction.

As PIMCO (Pacific Investment Management Company LLC) ramps up its new insurance-linked securities (ILS) operations, its executives have highlighted that the relationship with parent company, insurance giant Allianz, is both a key differentiator and key to its ILS potential.

A schedule has now been set for the beginning of the share buy-backs for the listed retrocessional reinsurance investment fund operated by Markel CATCo Investment Management, with a portion of the shares of the CATCo Reinsurance Opportunities Fund set to be repurchased in September.

We have now sold more than half of the super early bird ticket allocation for our next insurance-linked securities (ILS) conference in New York, Artemis ILS NYC 2020. Please register soon to secure your ticket at the best possible price.

The Eclipse Re Ltd. private catastrophe bond and insurance-linked securities (ILS) issuance vehicle that is managed by Horseshoe Group has completed and listed its fifth private cat bond of the year, a $56.6 million Eclipse Re Ltd. (Series 2019-02A) transaction.