Insurance Linked Investments

Insurance-linked securities (ILS), pure catastrophe bond and reinsurance linked investment funds saw a below average return of 0.42% in October 2016, as the majority of hurricane Matthew losses were factored into monthly NAV’s.

The Munich Climate Insurance Initiative (MCII) recently expressed its support of the G7 InsuResilience target of providing 400 million of the world’s most vulnerable with access to insurance protection, underlining measure to be taken to achieve this goal. Bringing to mind the abundance of efficient and willing ILS capital that should play a greater role […]

The implementation of insurance-linked securities (ILS) regulation in the United Kingdom could result in increased opportunity for the capital markets to directly access insurance and reinsurance risk, resulting in increased pressure on pricing and rates, according to analysts.

The UK Government has now published its draft regulations for the facilitation of insurance-linked securities (ILS) business, with the goal of establishing London as an ILS domicile. The publication sets out proposed corporate, tax and regulatory framework for ILS, and has been well received by the London market.

Third-party reinsurance capital continues to search for ways to get closer to the original source of risk as it’s become a permanent and influential force within the global reinsurance market, according to industry experts.

The Bank of England’s (BoE) Prudential Regulation Authority (PRA), in a recent consultation paper, has explored the potential underwriting risks derived from cyber attacks, stressing that more needs to be done by re/insurers to manage the increasing threat of ‘silent’ cyber losses.

More information is set to be revealed about the ambitions of the UK to attract some form of insurance-linked securities (ILS) business to London this week, with the government set to include the publication of updated draft regulations in its Autumn Statement on Wednesday.

Blue Capital Management, the ILS and reinsurance linked asset management unit of Bermuda re/insurer Endurance, has revealed the impact to its London and Bermuda stock exchange listed reinsurance linked investment fund from catastrophes in October.

Reinsurance, catastrophe and weather risk-linked investment fund manager Nephila Capital is set to benefit from a new source of Texas wind insurance risk, as its managing general agency (MGA), Velocity Risk Underwriters LLC. positions itself to take on ex-TWIA homeowners policies.

Alternative investment specialist, BroadRiver Asset Management, L.P, has successfully raised $366 million from existing and new investors for its life settlement fund, BroadRiver II.