Inflows to the insurance-linked securities (ILS) asset class are expected to rise over the coming months, as investor appetite increases, according to Fabrice Rossary, the Chief Investment Officer of SCOR Investment Partners.
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Eclipse Re Ltd., the Horseshoe managed private syndicated collateralised reinsurance note, private catastrophe bond issuance and transformer platform, has brought its first deal to market of 2021, an $80 million Eclipse Re Ltd. (Series 2021-01A) issuance.
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Akinova, a company that has created a platform for the transfer and trading of insurance and reinsurance risks, has become the first to receive an Insurance Marketplace Provider licence in Bermuda.
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AXIS Capital, the Bermuda headquartered global specialty insurance and reinsurance firm, has pre-announced catastrophe losses for the fourth-quarter of 2020, revealing $125 million of additional impacts from the COVID-19 pandemic and up to $80 million from natural catastrophes during the period.
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Integral ILS Ltd., the start-up insurance-linked securities (ILS) fund manager launched by industry execs Richard Lowther and Lixin Zeng, has announced a second cornerstone investor for its new catastrophe reinsurance focused strategy, with long-time ILS investor New Holland Capital making a commitment to the firm.
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Climate change and the future state of our climate may mean increased damage and ultimately insurance and reinsurance market losses from hurricanes, as more frequent storms and sea-level rise ramp up storm surge impacts in particular.
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Hannover Re, the German headquartered global reinsurance firm, has facilitated another three Seaside Re private catastrophe bond transactions around this January 2021 renewals, taking the total seen to $136.4 million across ten transactions.
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BGC Insurance (BGCI), the insurance and reinsurance broking, MGA and underwriting units of BGC Partners, has been rebranded as Corant Global.
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Leadenhall Capital Partners LLP has further expanded its assets under management, with both its non-life and life insurance-linked securities (ILS) growing to take the managers AuM to $6.4 billion as of January 2021.
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Insurance-linked securities (ILS) strategies focused on peak peril exposures deliver capital to the locations “where it is needed the most” in the insurance and reinsurance industry, so providing enhanced returns and supporting the traditional re/insurance market, ILS fund manager Twelve Capital has said.
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Kairos Acquisition Corp., the Hudson Structured Capital Management Ltd. backed insurance, reinsurance and insurtech focused Special Purpose Acquisition Company (SPAC), or blank check company, maximised the size of its capital raise, securing $276 million to put towards an acquisition or combination.
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Stable, a technology company that provides an index-based platform for commodity hedging, has launched in Bermuda and established a collateralized insurer class of company to support its insurance work and presumably reinsurance needs.
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Insurance and reinsurance broker Aon has established Marilla Reinsurance Ltd. (Marilla Re), a new collateralized insurer class of company in Bermuda, which we understand is likely to support the new catastrophe reinsurance facility of the same name.
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Gallagher, the international insurance and reinsurance broking brand of Arthur J. Gallagher & Co., has appointed Simon Behagg to become Chief Executive Officer (CEO) of reinsurance, as Rupert Swallow gets set to depart.
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