The UK-funded Centre for Disaster Protection has announced a number of new additions to its team, with an experienced disaster risk financing expert joining it from her most recent role at the World Bank, where she had worked on catastrophe bonds and insurance-linked securities (ILS) arrangements.

For specialty insurer and reinsurer, Fidelis Insurance Holdings Limited, utilising third-party reinsurance capital is seen as key to its evolution, according to Dan Burrows, Executive Chairman of Fidelis Bermuda and Group Managing Director.

Highlighted by the efforts of Singapore and more recently Hong Kong, there’s an exciting and growing opportunity for the insurance-linked securities (ILS) sector to play a meaningful role in the Asia region, according to industry experts.

The creation and utilisation of indexes can assist the insurance-linked securities (ILS) asset class as it looks to securitize risks around cyber, excess casualty and other long-tail exposures, according to Greg Hendrick, co-founder and Chief Executive Officer (CEO) of Vantage Risk.

As insurers and reinsurers continue to advance their data analytics capabilities, parametric structures will increasingly be leveraged for more traditional classes of business, according to James Harrison, UKI Head of Insurance at global data and analytics firm, Dun & Bradstreet (D&B).

Specialist insurance provider with a focus on emerging risk and cyber, CFC, has received ‘in principal’ approval from Lloyd’s of London for the establishment of CFC Syndicate 1988 with the backing of third-party capital.

As interest in and use of parametric forms of insurance and reinsurance risk transfer continues to increase, broker Willis Towers Watson notes that prices for coverage have been on the rise in the United States, but so too is available parametric capacity.

The efforts of the World Bank around disaster risk financing for its members continues to be a real benefit, and while the organisation can and will do more, this isn’t about being the dominant force in the market, according to Michael Bennett, Head of Derivatives & Structured Finance, World Bank Treasury.

The heightened use of indemnity structured transactions by corporates in the catastrophe bond arena is expected to open up the market, but for this to happen in a meaningful way, there’s likely need for some U.S. tax reform, according to Cory Anger, Managing Director of GC Securities.

As the insurance-linked securities (ILS) pie continues to expand it’s natural for new jurisdictions to emerge and try to take a slice, but the innovative Bermuda marketplace is expected to maintain its leadership position, according to Ross Webber, Managing Director at independent financial services provider and fund administrator, Apex Group Ltd.