Reinsurance News

Bermuda domiciled specialty P&C insurer and reinsurer Endurance Specialty Holdings Ltd. has a selective and focused approach to underwriting within its reinsurance segment, according to Chairman and Chief Executive Officer (CEO) John Charman.

Here are the ten most popular news articles, week ending 21st February 2016, 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.

The Australian Reinsurance Pool Corporation (ARPC) has rejected including any retrocessional reinsurance capital from ILS or collateralised markets in its recent $2.9 billion program renewal, as they price the risk above the traditional market.

New York headquartered mutual fund manager Stone Ridge Asset Management, probably the fastest growing ILS and reinsurance fund manager in the market over the last few years, has revealed some interesting thinking about its new Post-Event fund.

Former Head of Capital Markets at insurance group AIG, Samir Shah, feels the insurance-linked securities (ILS) market’s efficiency would benefit from a single, credible rater of the risk.

Kinesis Capital Management Limited, the third-party capital and reinsurance-linked asset management division of insurer and reinsurer Lancashire Group Holdings, will provide its investors with an impressive 15% return for 2014 and roughly the same expected for 2015.

The challenges faced by traditional reinsurance firms are likely to “extend beyond a normal soft market cycle” as factors such as the growth of alternative capital, changes to the value-chain and higher regulatory costs all weigh on reinsurers, according to Fitch Ratings.

The increasing contribution made from third-party reinsurance capital management activities at Kinesis Capital Management has helped to boost the full-year 2015 return on equity (RoE) at specialist re/insurer Lancashire Holdings.

Specialist Bermudian collateralized reinsurance and insurance-linked securities (ILS) investments start-up Sequant Re is set to take another investment in its holding company, Sequant Re Holdings Limited, from anchor backer Premier Diversified Holdings Inc. (PDH).

Allianz Re, the reinsurance unit of global insurance firm Allianz, has taken a big step towards its goal of establishing its own run-off operations by entering into a $1.1 billion legacy reinsurance deal with specialist Enstar.