Generali, one of the largest global insurance and asset management companies, has recognised the potential for insurance and reinsurance linked investments to have green or ESG credentials and has developed a framework for Green insurance-linked securities (ILS).
TigerRisk Partners LLC, the global risk, capital and reinsurance brokerage and advisory, has announced the hiring of Bermuda-based Chris Conway, who joins the firm’s reinsurance and retrocession broking team on the island.
Berkshire Hathaway’s reinsurance underwriting result was dented by Japanese typhoon Hagibis and bushfires in Australia during the fourth-quarter of the year, contributing to an underwriting loss for the year across Warren Buffett’s reinsurance related businesses.
Aon, the global insurance and reinsurance broking house, has named Eric Andersen as its new President, as the firm’s former co-President Michael O’Connor is departing the firm for a new opportunity.
Strategic risk and reinsurance brokerage and capital manager TigerRisk Partners LLC has announced the hiring of Bill Cooper, a well-known insurance-related banking sector executive, as its Managing Director and Head of Capital Advisory based in the UK.
The Indiana Public Retirement System, a state pension fund with over $38 billion of pension related assets under management, has expanded its investments in funds managed by ILS and reinsurance focused investment manager Aeolus Capital Management.
The use of rented transformer platform structures for insurance-linked securities (ILS) and private catastrophe bond transaction issuance continues to expand and a new Isosceles Re offering from Marsh & McLennan Companies and reinsurance broker Guy Carpenter is set to help make issuance of 4(2) securities more simple.
Here are the ten most popular news articles, week ending 23rd February 2020, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish.
Catastrophe bond spreads are back at levels not seen for at least five years and specialist insurance-linked securities and reinsurance investment manager Twelve Capital believes they have further to go in 2020, making this a compelling year for investors to allocate to the sector.
PGGM, the Dutch pension fund investment manager and the largest end-investor in the insurance-linked securities (ILS) space, has promoted its employee Youssef Sfaif to the role of Director, Credit & Insurance Linked Investments.
Lancashire Capital Management Limited, the third-party capital collateralised reinsurance underwriting arm of specialty insurance and reinsurance group Lancashire Holdings, grew roughly 20% during 2019, to enter the 2020 renewal season with somewhere north of an estimated $600 million of limit available to deploy.
U.S. primary insurance carrier Nationwide Mutual Insurance Company is set for its largest slice of catastrophe bond backed reinsurance coverage ever, after its latest Caelus Re VI Ltd. (Series 2020-1 & 2020-2) transaction has now priced at a 44% upsized $490 million, we’re told.