Insurance Linked Investments

COIN Reinsurance has been launched as a new Florida based property reinsurance broker, with a goal to disrupt the standard market practice way of doing business and reduce the costs of reinsurance as a result.

The alternative investments sector is forecast to see explosive growth over the coming five years, with alternative assets under management, consisting of private capital and hedge funds, likely to reach $14 trillion by 2023.

Investor allocations to the insurance-linked securities (ILS) and reinsurance linked investments space are driven more by the diversification and relative lack of correlation than by the absolute returns achievable, according to a survey.

Asset management giant Amundi Pioneer Investment Management has hired experienced reinsurance underwriter Campbell Brown as a portfolio manager for its range of insurance-linked securities (ILS) fund strategies.

Global asset management group Schroders, which manages more than $3 billion of catastrophe bond and insurance-linked securities (ILS) assets, has announced a tie-up with Lloyds Banking Group that will give it an expanded reach to new clients and an £80 billion wealth management mandate.

U.S. domiciled global insurance and reinsurance group Chubb demonstrated the effectiveness of its reinsurance program in the third-quarter, as its results reveal the firm ceded roughly 34% of its catastrophe losses to reinsurance capital.

Insurance firms that underwrite earthquake insurance in Japan are facing almost $1 billion of claims from this years Osaka and Hokkaido earthquakes, according to the latest data from the local insurance association.

OppenheimerFunds, Inc, the investment manager that operates a catastrophe bond strategy and is in the process of launching an insurance-linked securities (ILS) interval mutual fund, is being acquired by investment giant Invesco, with the combined entity set to be a $1.2 trillion powerhouse in asset management.

Arch Capital Group, the Bermuda headquartered insurance and reinsurance specialist, has successfully secured a new $506 million slice of collateralized reinsurance capacity from the capital markets for its mortgage book, with the issuance of its latest mortgage insurance-linked securities (ILS) deal, Bellemeade Re 2018-3 Ltd.

A new partnership aims to put the powers of technology, big data and financing together to help prevent future famines, by bringing together science and technology to create forecast based financing models that can distribute capital when it is needed, in advance of famine breaking out.