Insurance Linked Investments

The CATCo retrocessional reinsurance investment portfolio appears to have had yet another major boost to its value on the back of additional favourable development related to the 2018 catastrophe loss year.

Beazley has been investing time and effort in redesigning terms and conditions around its cyber insurance products, as it feels by better defining systemic cyber risks, it will help to give more confidence to capital to enter the sector, including from third-party or ILS investors.

The market for retrocessional reinsurance lacks competition and this has been a factor in rapidly rising prices for that type of protection, broking group Gallagher Re has suggested.

Alternative reinsurance capital and insurance-linked securities (ILS) are still seen as key determinants of reinsurer profits and success, a new report from Fitch Ratings suggests.

Joel Smith, Associate Partner at global management firm, Synpulse, has stated that success for insurance-linked securities (ILS) fund managers will be driven by “delivering predictable returns and insights, fostering transparency for investors, and administering a robust operating platform to execute their investment strategies.”

Vesttoo and fronting specialist Clear Blue have announced a partnership today, with the former intending to deploy as much as $1 billion of capacity from the capital markets through Clear Blue’s property and casualty (P&C) programs over the next year.

Plenum Investments, the Zurich based specialist catastrophe bond and insurance-linked securities (ILS) investment manager, has published a new market study and Index family, enabling UCITS cat bond funds to be compared for the first time, while improving the transparency of the cat bond marketplace.

Markel’s flagship insurance-linked securities (ILS) investment manager Nephila Capital continues to benefit from “significant premiums” delivered via MGA Velocity Risk, even after its sale was completed, Markel’s Co-CEO Richie Whitt said recently.

Bermuda domiciled re/insurance, run-off and legacy specialist Enstar Group is eliminating its exposure to catastrophe risks with a shuttering of its joint-venture reinsurer, Enhanzed Reinsurance Ltd. (Enhanzed Re).

AXIS Capital, the Bermuda headquartered specialty insurance and reinsurance underwriter, is aiming to grow out its non-catastrophe activities with third-party capital partners, which should replace an anticipated dip in fee income from catastrophe risks it was sharing, the firm’s CEO has said.