Alternative reinsurance capital

After another challenging year of catastrophe losses in 2021, Bermuda based reinsurance firm and third-party capital manager RenaissanceRe went into the January 2022 renewals with its Upsilon collateralized reinsurance and retrocession vehicle significantly smaller than the prior year, its CEO revealed today.

RenaissanceRe, the Bermuda-based reinsurance firm and third-party capital management specialist, saw strong inflows from investors in time for the January renewal season, as its Capital Partners unit raised $453 million from external investors.

Speaking to insurance-linked securities (ILS) funds and investors in 2022, the London insurance and reinsurance market is seen as a venue where deploying capital to access differentiated insurance or reinsurance-linked returns is increasingly attractive, but still ease of access is cited as a problem.

Here are the ten most popular news articles, week ending January 23rd 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.

Reinsurance as a sector and the major global reinsurers have suffered due to elevated catastrophe losses in recent years, but analysts at investment bank Berenberg believe that Hannover Re’s comprehensive retrocession program is giving investors confidence and helped to buoy its share price in 2021.

Global reinsurance firm Swiss Re developed its 1863 insurance-linked securities (ILS) fund platform to be “investor friendly” and has attempted to address some of the “structural inefficiencies” often seen in ILS products, according to Martin Bisping, CEO of the reinsurers’ Swiss Re Insurance-Linked Investment Management Ltd (SRILIM) unit.

Alecta, which is the largest pension fund in Sweden, intends to take a long-term view on the insurance-linked securities (ILS) sector and according to a report is planning to make further investments into reinsurance related risks through ILS strategies.

Here are the ten most popular news articles, week ending January 16th 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.

Reinsurance rates and pricing have more ground to cover at the important June and July renewal seasons in 2022, as analysts and our sources all agree there is further catching up to do.

Man Group, a global independent alternative and active investment management firm, is building out a range of capital solutions services of relevance to the insurance and reinsurance industry, which includes the ability to help third-party investors access returns derived from insurance risks.