Insurance Linked Investments

In a move signalling acceptance of alternative sources of risk and reinsurance capital in the market, the Lloyd’s Market Association (LMA) has named to its Board Adam Beatty, Chief Executive Officer of Nephila Syndicate, the Lloyd’s operation of ILS manager Nephila Capital.

“Insurance is the financial bedrock needed to de-risk investments and attract the additional capital necessary to mobilise the climate transition,” Rowan Douglas of Howden said today. To meet this goal, with exposure growing fast, there will be a significant need for more insurance capacity, with a role for the insurance-linked securities (ILS) market in delivering […]

Italian and global insurance giant Assicurazioni Generali S.p.A. has revised its framework for green catastrophe bonds to incorporate updates and expand its scope, now publishing a Green, Social and Sustainability Insurance-linked Securities Framework in its place.

Catastrophe bond new issuance continues apace in 2024 and has reached $12.1 billion including the latest deals to hit the market and settle today, which means the pace of issuance is now running 29% ahead of the prior year, according to the latest data from Artemis.

Artex Risk Solutions, the captive, alternative risk transfer, insurance-linked securities (ILS) facilitation and capital solutions subsidiary of Gallagher, has hired Irish Aleria as a Vice President of Insurance Management, ILS.

The Healthcare of Ontario Pension Plan (HOOPP), a large Canadian institutional retirement fund, put additional capital into insurance-linked securities (ILS) in 2023, lifting its investments in the space above US $1 billion for the first time and growing them over 40% year-on-year.

While forecasts for the 2024 Atlantic hurricane season suggest a particularly active few months ahead, in comments on the reinsurance market that read-across to insurance-linked securities (ILS) strategies, analysts at Morgan Stanley believe that this year there are some offsets in place that can support performance.

With numerous forecasters predicting a very active hurricane season for the months ahead, the distribution of catastrophe bond fund returns over the year and the fact spreads remain elevated, means that now is a very good time to invest in the cat bond product, according to Plenum Investments, the Zurich-headquartered manager of insurance-linked securities (ILS) […]

R&Q Insurance Holdings Ltd. has this morning confirmed that it is filing for a provisional liquidation in Bermuda, raising questions over the future of its collateralised legacy sidecar vehicle Gibson Re.

Ledger Investing, the insurance technology (insurtech) and insurance-linked securities (ILS) focused company, has added a new senior hire, taking experienced ceded reinsurance executive and leader Amy Stern from data-driven insurer Pie, to fill the new role of Chief Executive, Reinsurance.