Reinsurance rate increases seen so far in 2019 are now expected to persist into 2020, according to analysts at Keefe, Bruyette & Woods (KBW), who believe that the increases are being driven by capital providers changing view of the risks they underwrite.

Rating agency A.M. Best warned of concerns that insurers may over-estimate the benefits of recently passed legislation to reform the assignment of benefits (AOB) system in Florida in their pricing.

Allianz Global Corporate & Specialty (AGCS) has an ambition to expand its underwriting of business through its alternative risk transfer (ART) unit in the Pacific region, including Australia and New Zealand.

As reinsurance companies of the world hold their ground and push through increased rates for their products, as seen at recent renewals in Florida and beyond, insurers and protection buyers may increasingly look to find more cost-effective options raising interest in ILS, according to A.M. Best.

Interesting news for anyone interested in the forecasts for Atlantic tropical storm and hurricane activity levels, which let’s face it includes the majority of the ILS and reinsurance markets. The chance of El Niño developing in the coming months appears to have dropped considerably, by one metric.

FOSUN International Limited, a Chinese privately-owned global investment and asset management conglomerate with a liking for investing in insurance and reinsurance, has taken its first step into the ILS fund management space, acquiring a majority stake in TENAX Capital Limited.

In the last quarter of the record, Amundi Pioneer Investment Management’s dedicated insurance-linked securities (ILS) mutual investment fund strategy shrank further as losses and loss creep continued to dent returns and the value of ILS assets invested in.

The pull-back from underwriting retrocession by insurance-linked securities (ILS) and collateralized reinsurance markets put the business models of some reinsurers under scrutiny, according to Willis Re CEO James Kent.