Insurance Linked Investments

The way the reinsurance industry raises capital after a major loss has changed completely over the last decade, as the rapid entry of ILS capital after a catastrophe event is now an “established trend”, according to David Flandro, of JLT Re.

Specialist insurance-linked securities (ILS) and reinsurance linked investment manager Leadenhall Capital Partners LLP has hired George Cooper to a new role as non-life analyst at the firm, who joins the company from French reinsurer SCOR.

Investors in the Lottoland sponsored lottery jackpot insurance-linked securities (ILS) and collateralised reinsurance are set to be on the hook for some level of payout after a EUR 90 million win by a customer triggered payouts through the firms unique Fortuna PCC insurance model.

The increase in reinsurance rates seen at the June 1st Florida renewals was disappointing for both the traditional and alternative sides of the market, leading analysts at Peel Hunt to suggest that the rates underwritten at are only justifiable if the 2018 hurricane season is benign.

One of the benefits of a captive and something that can make them an attractive proposition for the capital markets, is the fact they offer a ready-made risk pool which is often quite specific in terms of the risks it contains and they can also find access to traditional sources of reinsurance tricky at times.

Natural catastrophe losses of just under $9 billion in 2017 wiped out yearly earnings for come Bermudian insurance and reinsurance firms, and while rates have improved so far in 2018 on the back of the events, the growing influence of alternative capital suggests any positive rate momentum could be short lived, according to S&P Global […]

Bermuda-headquartered ILS and reinsurance management, servicing, risk transformation and fronting specialist Horseshoe Group has announced the hiring of Anna Pereira as SVP, Head of Treasury and Mark Lavery as SVP, Head of Marketing & Communications respectively.

The shareholders of Bermudian insurance and reinsurance player XL Group Ltd. have given their approval to the 100% acquisition by insurance giant AXA, and access to alternative forms of reinsurance capital has again been cited in a statement.

The way reinsurance pricing responded after the major hurricanes of the 2017 season provided further evidence of the flattening of the market cycle and with capital availability still strong after the losses, rate changes may be dampened at renewals going forwards, according to Lloyd’s.

Helped by new allocations received in the run up to the mid-year renewal season, specialist insurance-linked securities (ILS) and reinsurance linked investment manager Leadenhall Capital Partners LLP has now passed $5 billion of ILS assets under management.