In recent times alternative, or third-party reinsurance capital growth has outpaced that of the traditional market, a trend underlined by cedants increasingly viewing it as a source of capacity that complements their traditional reinsurance coverage, and promotes innovation.
Read the full article
The current near-record El Niño event appears on the wane, with conditions attributed to the phenomenon said to be in decline, but its effects set to be felt for some time to come, with insurance and reinsurance firms now turning their heads to the possible development of La Niña conditions.
Read the full article
An estimated $6 billion of catastrophe bonds were traded in the secondary market in 2015, underlining increased liquidity in the sector as investors become more and more comfortable with the asset class, according to Steve Emmerson of Tullett Prebon.
Read the full article
Global reinsurance firm Munich Re has announced the appointment of Joachim Wenning as its new CEO, after its Supervisory Board accepted the request by Nikolaus von Bomhard to leave the Board of Management and step down as the firms CEO on 26th April 2017.
Read the full article
China’s insurance and reinsurance sector regulator, the Chinese Insurance Regulatory Committee (CIRC), has elicited feedback from its market participants and global players on proposed legislation for catastrophe bonds and so-called insurance liability securitisation structures.
Read the full article
This is a commentary by Samir Shah, ex-Head of Insurance Capital Markets at AIG, on our article titled ‘Disclosure of risk analysis in ILS offerings benefits investors: SIFMA speakers’, published March 11, 2016, in which he explains that the question should not be whether to disclose, but rather how to make disclosure efficient and reliable.
Read the full article
Trading activity and pricing in the secondary market for catastrophe bonds was mixed in February, as a reasonable balance of trading helped the market avoid feeling over bought or sold, while issuance levels didn’t force too much investor portfolio activity.
Read the full article
The property & casualty run-off focused insurance-linked investment fund operated by the Credit Suisse insurance-linked strategies team and sub-advisor ILS Investment Management (ILSIM), has completed the acquisition of Rampart Insurance Company from Groupama SA.
Read the full article
The growing influence of ILS and the capital markets in reinsurance is exacerbating pressure on rates, terms and conditions, while the expanding remit of alternative capital is eroding prices across a broader swathe of the market, according to A.M. Best’s Chief Rating Officer.
Read the full article
Here are the ten most popular news articles, week ending 13th March 2016, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates.
Read the full article
Deutsche Bank Securities Inc. is set to place less emphasis on its secondary catastrophe bond and ILS trading desk, while increasing its focus on other services it provides to the ILS market, from financing to prime brokerage.
Read the full article
The persistent influx of alternative capital in the global reinsurance landscape, as well as a change in tack from intermediaries and primary players has challenged the value proposition of reinsurers, forcing them to rethink business models, according to analysts at Bernstein.
Read the full article
Specialist fronting and program services primary insurer State National Companies has reported that the fee income earned in the fourth quarter of 2015 increased thanks to its program business fronting relationship with ILS and catastrophe risk investment manager Nephila Capital.
Read the full article
Despite the increased maturity of the insurance-linked securities (ILS) and catastrophe bond market and the growing sophistication of its investor base, the disclosure of risk analysis in the offering document continues to add value, according to a panel of industry experts at SIFMA.
Read the full article
