Insurance Linked Securities Interviews

In a recent Artemis Live video interview, Christian Mumenthaler, the Chief Executive Officer (CEO) of Swiss Re, explained that he expects reinsurance prices will continue their firming trend at the January 2022 renewal season.

For Randall & Quilter (R&Q) Investment Holdings, the launch of its first collateralised reinsurance sidecar vehicle today is not about changing the “recipe book”, meaning the firm’s core area of focus in the legacy space remains, according to William Spiegel, Executive Chairman of R&Q.

For insurance-linked securities (ILS) investments that carry potential exposure to losses related to the COVID-19 pandemic, clarity over the loss position is set to take time, according to Luca Albertini, Leadenhall Capital Partners Chief Executive Officer (CEO).

Global reinsurance firm Swiss Re has continued to add to its growing haul of alternative capital, as its insurance-linked securities (ILS) management operations expand, and now the company targets continued growth, aiming to become the “best integrated capital franchise”, according to Philipp Rüede, Head of Swiss Re’s Alternative Capital Partners (ACP) unit.

Insurance-linked securities (ILS) managers will need to be conscious of their dealings with service providers, whilst taking steps to show their environmental, social and governance (ESG) processes at work, according to Ocorian Executive Director, Sherman Taylor.

Despite a potential slowing of catastrophe bond issuance from the reinsurer side, there’s still a very good chance that 2021 issuance will break the record set last year, according to Cory Anger, Managing Director of GC Securities, the specialist ILS and capital markets unit of Guy Carpenter.

The way mainstream media report on natural disasters and severe weather events is likely to present an opportunity for catastrophe bond fund managers to generate alpha over the coming years, according to John Seo of Fermat Capital Management, LLC.

Recent changes made by the Bermuda Monetary Authority (BMA) to improve processes specific for catastrophe and mortgage bonds, shows that the island is listening to its clients and being more adaptive in the face of growing competition, according to Brad Adderley, Partner at global law firm Appleby.

When it comes to constructing a catastrophe bond fund it is important to consider market limitations, in terms of size and the availability of diversification. Given the cat bond market is only so large, there is a point at which growth in fund assets can come at the expense of returns, according to Plenum Investments […]

While it’s not essential to invest in the insurance-linked securities (ILS) asset class for decades to achieve expected returns, it is important that investors time their entry into the space, according to Morton Lane, President, Lane Financial LLC and Director, MSFE Program, The University of Illinois in Urbana-Champaign.