Catastrophe bonds and insurance-linked securities news

The impact on global reinsurance pricing that alternative, or third-party capital has had during its recent and impressive growth could be declining, as traditional market players have become more comfortable with the influential segment of the risk transfer space, according to industry experts.

Reinsurance renewal rates are likely to trail initial market expectations in January 2018, as the anticipation amongst reinsurers of major price increases have declined somewhat since the third-quarter reporting season, according to analysts at Keefe, Bruyette & Woods.

When this year’s major hurricane losses struck the insurance-linked securities (ILS) market, the last thing on most investors minds was the relative performance of their investment managers. But now, with the picture of the eventual loss clearing, many ILS investors will for the first time be able to compare their ILS manager with others in […]

The coupon spread for the €90 million Hexagon Reinsurance DAC (Series 2017-1) catastrophe bond issuance, sponsored by French mutual insurance society Covéa Group, has now been fixed at the bottom end of the already reduced price guidance range, according to sources.

Nasdaq inc. created the world’s first electronic share trading platform and stock exchange and is now among the largest providers of trading, clearing and exchange technology, so it’s intriguing to learn that the organisation is looking into new markets and that trading of reinsurance is one potential avenue of expansion.

Welcome to the third annual Artemis ILS Bermuda Executive Roundtable in which participants discussed a mix of challenges and opportunities for the sector as it continues to expand its remit and push for growth, on the back of an extremely active loss year for sponsors and investors.

We’re pleased to reveal four more expert speakers, from GC Securities, HSBC Global Asset Management, Property Claim Services (PCS) and Mt. Logan Re Ltd., who have been added to the roster for our second conference in New York, Artemis ILS NYC 2018.

The use of collateralised sources of reinsurance and alternative reinsurance capital is providing a significant diversifying element to the protections adopted by United Kingdom insurers and Lloyd’s of London syndicates, according to information from the Bank of England.

Providing a useful indicator of the appetite of insurance-linked securities (ILS) and catastrophe bond investors, the €90 million Hexagon Reinsurance DAC (Series 2017-1) catastrophe bond issuance, sponsored by French mutual insurance society Covéa Group, has seen its pricing drop to below the initial guidance range.

The California Earthquake Authority (CEA), the not-for-profit residential earthquake insurance provider in the state, has reached a new milestone as it now insures more than 1 million homes across California, growth that has been assisted by the use of traditional reinsurance and risk transfer from the capital markets.