Insurance Linked Securities Interviews

According to Joseph Petrelli, President and Co-Founder of rating agency Demotech, the company has taken a decision that could see it declining to rate additional or new carriers in the beleaguered Florida property insurance market.

Securis Investment Partners has launched the fourth vintage of its long-standing life insurance-linked securities (ILS) funds, with close to $300 million of capital backing this vintage.

The insurance-linked securities (ILS) market looks particularly attractive for 2023 on the back of rising premiums and tighter control over terms and structures, leading Michael Stahel of LGT ILS Partners to call the opportunity-set “truly exciting”.

For our latest Artemis Live video interview, we discussed the state of the catastrophe bond market after hurricane Ian and the opportunities now available to investors with Florian Steiger, Head of Cat Bonds at specialist ILS and reinsurance asset manager Twelve Capital.

As the renewal season negotiations get underway, quota share focused ILS investment manager Tangency Capital feels well-positioned and believes the capital it provides is core to reinsurers, so more important than ever in current market conditions.

The seventh session at our Artemis London 2022 conference featured a panel of experts speaking about the future evolution of the catastrophe bond, potential niche use-cases for the cat bond structure, and more generally how catastrophe bond and insurance-linked securities (ILS) activity can expand its remit.

The sixth session at our Artemis London 2022 conference featured a panel discussion on the potential for London to build-out an increasingly vibrant hub for catastrophe bond and insurance-linked securities (ILS) activity.

The fifth session at our Artemis London 2022 conference featured a keynote speech from the CFO and COO of Lloyd’s, Burkhard Keese, who explained Lloyd’s evolving approach to insurance-linked securities (ILS) and appetite to expand its use of ILS structures, to supply third-party capital to the market.

After hurricane Ian, it’s likely spread widening already seen in the catastrophe bond market only gets wider, which means, alongside rising risk-free returns, cat bond investment yields are set to stay at record levels, Florian Steiger of Twelve Capital has said.

The reinsurance market looks set to undergo further hardening as the January renewals fast-approaches, and with insurance-linked securities (ILS) players struggling to raise capital and reports of deals failing to get done at any price, it could be a truly hard market, according to Brad Adderley, Bermuda Managing Partner, Appleby.