Alternative reinsurance capital

Here are the ten most popular news articles, week ending May 15th 2022, 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.

Global insurance and reinsurance firm Everest Re is expanding its use of insurance-linked securities (ILS) investor capital, with its third-party capital venture Mt. Logan Re Ltd. a core component of the firm’s efforts to lower its catastrophe exposures, according to John Modin, President of Mt. Logan Re.

Vesttoo has made two senior hires in its legal function, adding former Hiscox executive David Schonbrun as Chief Legal Officer and a former Senior SEC Counsel Daniel Goldfried as his Deputy.

Mt. Logan Re Ltd., the collateralized reinsurance sidecar-like and insurance-linked securities (ILS) vehicle operated by re/insurer Everest Re, has announced the hiring of experienced pension investor in ILS, the PGGM employee Youssef Sfaif, as its new COO.

The insurance-linked securities (ILS) market needs to address some of the issues that have emerged through the soft market period in reinsurance, in order to ensure it can hold onto its capital base, Luca Albertini, CEO of Leadenhall Capital Partners explained to us in a recent interview.

Bermuda headquartered reinsurance firm RenaissanceRe continues to expand its Capital Partners team, adding Keenan Press from Horseshoe as a new VP to lead on investor due diligence, as well as two new analysts in recent weeks.

AUB Group, an Australian listed financial services group comprised of insurance brokers and underwriting agencies, is to acquire near 200 year old insurance and reinsurance broking group Tysers, gaining wholesale Lloyd’s, reinsurance and some insurance-linked securities (ILS) expertise.

Here are the ten most popular news articles, week ending May 8th 2022, 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.

France headquartered globally active reinsurance firm SCOR has increased its third-party capital support in the first-quarter of 2022, taking the capital managed under its collateralised reinsurance sidecar platform to US $400 million.

Global insurance and reinsurance group AXA has taken significant action to reduce its exposure to natural catastrophe loss events, cutting the catastrophe reinsurance exposure held by its AXA XL division by some 40% through renewals so far this year.