A cyclical downturn in the amount of alternative capacity deployed into reinsurance markets through insurance-linked securities (ILS) would benefit traditional reinsurers like Swiss Re, the Chief Executive Officer of the firm has explained in the press.
Read the full article
The Ontario Teachers’ Pension Plan (OTPP) has promoted Bernard Grzinic to the role of Managing Director for Credit, Insurance Linked Securities and Equities within Capital Markets group, which will see him leading the investment teams for each of these areas.
Read the full article
For insurance-linked securities (ILS) investors with a longer time horizon, the declining interest from opportunistic investors is a positive development, according to Robert Lindblom, the Chief Executive Officer (CEO) of Entropics Asset Management AB.
Read the full article
The insurance and reinsurance industry may shoulder as much as $1.1 billion of claims for damage following the tsunami that struck Indonesia after the eruption of the Anak Krakatau volcano.
Read the full article
It’s expected that global reinsurance capacity, including that provided by the capital markets, will be on the rise again as 2019 progresses and the market recovers, given the current spate of capital raises and new launches that are in the works.
Read the full article
German reinsurance giant Hannover Re has assisted with and issued another private catastrophe bond transaction, or cat bond lite, with the issuance of a $10 million California earthquake risk exposed LI Re (Series 2018-1) deal for an unknown cedent and certain ILS investors.
Read the full article
Industry loss warranty (ILW) investment focused mutual insurance-linked securities (ILS) fund, the City National Rochdale Select Strategies Fund (CNRLX), has grown in its last reported quarter while at the same time losses from the prior year appear to have been largely settled.
Read the full article
Another private catastrophe bond, or cat bond lite, has been issued in time for the upcoming reinsurance renewal, the first from the Artex Risk Solutions owned segregated account reinsurance transformer platform in a year, a $50.22 million Artex SAC Limited – Series HX Notes transaction.
Read the full article
Four more Seaside Re private catastrophe bonds, or cat bond lites, have been issued with the help of global reinsurance firm Hannover Re, resulting in $60 million of new insurance-linked notes brought to investors through the reinsurers’ Kaith Re Ltd. Bermuda domiciled segregated accounts vehicle.
Read the full article
Here are the ten most popular news articles, week ending 23rd December 2018, 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 or get our email alerts for every article we publish.
Read the full article
The insurance-linked securities (ILS) market and alternative capital use in reinsurance is dominated by property catastrophe excess-of-loss contracts, a study by the Bermuda Monetary Authority (BMA) found.
Read the full article
There is a mix of optimism and panic as the key January 1st reinsurance renewal rapidly approaches, after losses, market improvement programs at Lloyd’s and a chaotic retrocession market, all continue to make conditions challenging for some.
Read the full article
Miller Insurance Services LLP, the London broker majority owned by Willis Towers Watson (WTW), has completed its acquisition of Lloyd’s accredited and London headquartered insurance and reinsurance broker Alston Gayler (AG).
Read the full article
Bermudian reinsurance firm RenaissanceRe is set to add to the amount of insurance-linked securities (ILS) notes from its Fibonacci Re Ltd. vehicle that have had their maturity extended, with $20 million from its 2018-1 issuance set to be held back while catastrophe losses from this year develop.
Read the full article
