Insurance Linked Securities Interviews

The insurance and reinsurance industry’s relative lack of correlation with broader financial markets is now more important than ever before, Michael Millette explained at our ILS NYC 2021 event.

Today, there’s a significant amount of capital looking to be deployed in an environmental, social, and governance (ESG) friendly way, which represents a material opportunity for the insurance-linked securities (ILS) asset class, says Barney Schauble, Head of Labs at Nephila Advisors.

Global reinsurance firm Swiss Re is working towards transferring a much broader range of risks to the capital markets in future, as it looks to expand its insurance-linked securities (ILS) activities beyond pure natural catastrophe risks to a more capital management approach, according to Judy Klugman and Ed Johnson, speaking at our ILS NYC 2021 […]

Niklaus Hilti, Head of insurance-linked securities (ILS) at Credit Suisse Insurance Linked Strategies, has commended the success and growth of the asset class over the past decade, but warns that in order to maintain this positive momentum it will need to address the world’s largest risks.

It’s just a matter of time before the use of industry loss triggers for risk transfer transactions broadens and is more widely used, which in turn will unlock more diversifying risk into certain sub-sectors of the insurance-linked securities (ILS) space, according to Tom Johansmeyer, Head of PCS.

The arrival of a global pandemic accelerated transformations already taking place across the re/insurance industry, which in turn has created an opportunity for certain insurance-linked securities (ILS) market participants to play a greater role, according to Luca Tres, Partner leading the global life origination and structuring efforts at Securis Investment Partners.

It’s down to insurance-linked securities (ILS) cedents and sponsors to work to restore trust in the ILS investor community, by increasing transparency, reducing uncertainty and building long term partnerships, according to Mathieu Halm, Head of Retrocession and Strategy at CCR Re.

A combination of forces coalesced in the second-half of 2020 which served to reduce demand for retrocession capacity at 1/1, resulting in a less constrained marketplace than initially expected, according to James Vickers, Chair of Willis Re International.

For Lloyd’s, it’s important to “learn how to walk” first, as it gets up to speed with the new route for channelling investor funds to members of the market through its now approved multi-arrangement UK Insurance Special Purpose Vehicle (iSPV) before thinking about expanding the structures remit, according to CFO Burkhard Keese.

Trapped capital is expected to remain and pose an ongoing challenge for some investors and managers from across the insurance-linked securities (ILS) space, according to executives at Willis Re, the reinsurance arm of broker Willis Towers Watson (WTW).