Bermuda-headquartered insurance-linked securities (ILS) management, servicing, transformation and fronting specialists Horseshoe Group, have announced the appointment of Kathy Garrigan as Senior Vice President and Actuary, Head of Consulting Actuarial Services.

The frequency of catastrophe events is on the rise across the U.S. and Canada while the severity of adverse weather events during the first nine months of 2015 declined year-on-year, according to Property Claim Services (PCS).

New capital entering the insurance and reinsurance industry has a tendency to go where it is quickest and easiest for it to be deployed, hence the pressure on U.S. national and large account property business, according to Travelers CEO Jay Fishman.

The energy sector is increasingly vulnerable to the impacts of extreme weather events around the globe, highlighting a need for greater innovation and adoption of reinsurance & risk transfer solutions to mitigate potential losses and build sector resilience.

Stone Ridge Asset Management is launching a new insurance and reinsurance linked securities (ILS) fund, with a strategy focused on providing investors a way to capitalise on opportunities after large catastrophic events cause market dislocation.

As the world becomes increasingly complex and digitalised there is a need for insurance, reinsurance and ILS players to embrace cross-sector cooperation in order to create the products of the future, according to Munich Re.

The insurance-linked securities (ILS) market continues to see increasing total insurance and reinsurance linked assets under management, but the growth is at a more steady rate and largely into more illiquid products, notes Willis Capital Markets & Advisory (WCMA).

As the new European regulatory standards’ adoption moves ever closer, with Solvency II regulation set for January 1st 2016, S&P has said that it should result in higher reinsurance demand, which could mean more opportunity for insurance-linked securities (ILS).