Archive for October, 2019

USAA is returning to the capital markets for what will be its 34th time sponsoring a catastrophe bond, bringing a new multi-peril Residential Reinsurance 2019 Limited (Series 2019-2) deal to market in search of at least $150 million of collateralised reinsurance protection.

Fidelis Insurance, the specialty insurance and reinsurance firm launched by Richard Brindle, is continuing to build-out its London treaty reinsurance operations with the hiring of Matthew Bellamy from Acapella.

Reinsurance rate increases are expected to accelerate at the all-important January 2020 contract renewals, as well as and perhaps even more so at April 1st, following the impacts of recent Japanese typhoons and hurricane Dorian this year, A.M. Best says.

Higher reinsurance pricing is seen as essential by Hannover Re and the firm sees a chance of rates increasing in Germany for all-important natural catastrophe risks, something that would be welcomed by the broader market and ILS capital providers.

The Government Superannuation Fund Authority of New Zealand, an autonomous entity that manages the pension assets of state sector employees, said that its allocations to insurance-linked securities (ILS) remain “appropriate to objectives” despite having fallen to a negative return in the last year.

Tremor Technologies Inc., the programmatic insurance and reinsurance risk transfer marketplace provider, has announced its first dedicated sales hire, adding an experienced reinsurance broker from Willis Re.

Welcome to the fourth Artemis Monte Carlo Reinsurance Rendezvous Roundtable, in which participants from across the insurance, reinsurance, and insurance-linked securities (ILS) market discussed a range of industry topics and trends.

Stone Ridge Asset Management, the New York based mutual fund manager with a focus on alternative risk premia strategies including reinsurance and insurance-linked securities (ILS), continues to work on the establishment of its new Longtail reinsurance platform.

As the world rapidly advances thanks to technology and the increasing interconnection this brings, the risks faced by the insurance and reinsurance industry are changing fast too, meaning market participants need to help capital providers gain confidence that it understands the exposures it is asking them to underwrite.

Loss creep from prior year events has struck the in run-off listed insurance-linked securities (ILS) investment fund strategy, managed by ILS and collateralized reinsurance specialist fund manager Blue Capital Management.