Traditional insurance and reinsurance firms should expect an increasing amount of competition for longevity risks and longevity reinsurance transactions from capital markets participants, according to rating agency A.M. Best in a report on pension risk transfers.
Read the full article
Rating agency Moody’s says that the recent embedded value life securitisation deal completed by U.S. life reinsurer, Reinsurance Group of America Inc. (RGA) is credit negative, as it effectively discounts the future profits that could have been made from the closed-book.
Read the full article
Insurance and reinsurance linked investment manager Blue Capital Management, a subsidiary of Bermudian reinsurer Montpelier Re, has merged its insurance manager and investment manager entities into a single company.
Read the full article
FWU Group subsidiary and Luxembourg based life insurance company Atlanticlux has completed its proposed Anima Re value in force (ViF) life insurance linked securitisation deal through a private placement, foregoing the need for the deal to be rated.
Read the full article
The final insurance industry loss estimate for European windstorm Dirk has been released at €420m by PERILS AG, the Zurich, Switzerland headquartered provider of industry-wide European catastrophe exposure, industry loss data and indices.
Read the full article
$290m of participating notes from an issuing vehicle named Eden Re II Ltd. have been listed in Bermuda today, which we assume to be a renewal and upsizing of the world’s largest reinsurance firm Munich Re’s fully-collateralized reinsurance sidecar.
Read the full article
Non-life insurance and reinsurance group Amlin plc appreciates the complementary risk transfer role that the completed today Tramline Re II Ltd. (Series 2014-1) catastrophe bond plays alongside its traditional reinsurance cover.
Read the full article
Wilmington Trust has added another experienced insurance-linked securities (ILS) and reinsurance collateral expert to its growing team, as it puts an increasing focus on winning business from the ILS and collateralized reinsurance sector.
Read the full article
The fate of the MultiCat Mexico Ltd. (Series 2012-1) catastrophe bond, after hurricane Odile threatened to trigger its Class C notes, looks more secure as the official report data from the National Hurricane Center suggests a loss may not be guaranteed.
Read the full article
The United States Congress is not going to extend the Terrorism Risk Insurance Act (TRIA), the financial backstop for U.S. property insurers against terrorist attacks, this year but with reinsurance capacity high this may result in a shortage of terrorism reinsurance cover.
Read the full article
The U.S. Commodity Futures Trading Commission has issued a letter providing no-action relief to insurance-linked securities (ILS) and catastrophe bond issuers seeking exemption from being treated as a commodity pool operator.
Read the full article
Global insurance and reinsurance firm Aspen said that its alternative capital management and insurance-linked securities (ILS) focused unit, Aspen Capital Markets, has renewed its Silverton Re collateralized reinsurance sidecar for 2015, with $85m of capital.
Read the full article
Here are the ten most popular news articles, week ending 21st December 2014, 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
As competition remains plentiful in the reinsurance market and capital remains abundant, reinsurance pricing pressures are widely expected to carry into 2015, but Kevin Lee of Moody’s explains that we’re still some way from a truly soft market.
Read the full article
