Archive for September, 2019

Industry loss warranty (ILW) trading picked up around the middle of the year, as tailwinds drove higher pricing and increased demand also played a factor in driving volumes up, according to Aon.

German big four global reinsurance player Hannover Re continues to leverage the insurance-linked securities (ILS) market and appetite of investors for insurance related returns both for its own benefit, in terms of risk transfer, to support its clients needs and to generate fee income.

An insurance-linked securities (ILS) transaction to protect the Central Fund of the Lloyd’s insurance and reinsurance market is “not off the table” according to executives speaking at a media briefing today.

Markel Corporation has hired Brenton “Brent” Slade from Hamilton Insurance Group to be the President of its newly launched retrocessional reinsurance ILS fund management unit Lodgepine Capital Management Limited.

Stone Ridge Asset Management, the New York based manager of reinsurance focused insurance-linked securities (ILS) mutual fund strategies, is beginning the process of raising capital for a new reinsurance platform named Longtail, we can report.

Insurance-linked securities (ILS) fund managers and investors are showing “huge interest” in accessing the returns of the Lloyd’s market currently, according to its CFO Burkhard Keese.

Hurricane Humberto continues to approach Bermuda as a dangerous category 3 storm with sustained winds now having reached 120 mph and an expanding wind-field, leading the National Hurricane Center to warn of the risk of a prolonged period of dangerous winds for the island.

A $70 million parametric Japanese earthquake private insurance-linked securities (ILS) transaction has been issued using Aon Insurance Managers segregated accounts company White Rock.

Alternative reinsurance capital and the insurance-linked securities (ILS) market is going through a period of transition, where there has been some uncertainty, but still Torsten Jeworrek, member of the board of management at Munich Re, believes it is here to stay.

Pension funds in Switzerland have continued to increase their allocations to insurance-linked securities (ILS) and reinsurance linked investments, with the ILS asset class becoming a core alternative investment for some of them.