Archive for September, 2019

The availability of advanced data analytics is expected to increase and in some instances, this could accelerate the broadening of risks that are placeable in the insurance-linked securities (ILS) market, says Swiss Re’s Global Head of P&C Solutions, Eric Schuh.

Blue Marble Microinsurance (Blue Marble) has announced an expansion of its weather-index parametric insurance partnership with The United Nations World Food Programme (WFP) in Africa.

Mark-to-market losses to some hurricane Dorian exposed catastrophe bonds is set to dent August for a number of pure cat bond fund strategies, as end of month marks did not factor in the changes in forecast path.

The amount of insurance-linked securities (ILS) and collateralised reinsurance collateral trapped after the 2017 and 2018 catastrophe losses has begun to shrink in 2019, with the overall amount trapped having declined by as much as 10% since its peak, estimates show.

How transparent are ILS funds being when they factor in trapped collateral into their estimated returns? This was the question posed by Darren Redhead, chief executive of Lancashire-owned Kinesis Capital Management when he spoke to Artemis on the eve of the Rendez-Vous de Septembre in Monte Carlo.

Specialist ILS fund manager Twelve Capital has announced a new partnership with Sydney based capital advisory and fund placement consultancy based Allen Partners, to help in expanding its distribution reach into Australia and New Zealand.

Reinsurance pricing momentum through renewals in 2020 is expected to range between flat to moderately rising, according to findings from Moody’s Investors Service.

TigerRisk Partners, LLC, the reinsurance brokerage, risk and capital advisory, has hired and appointed Manoj Gupta, previously of Third Point Re, to be the brokers Chief Operating Officer.

The acquisition of insurance- linked securities (ILS) asset manager Coriolis Capital Limited has been completed by SCOR Investment Partners, the investment arm of reinsurance giant SCOR.

Insurance-linked securities (ILS) market growth is expected to be driven by technological developments, new catastrophe risk models and ILS funds ability to get close to the source of the risk.