Alternative reinsurance capital

In a recent Artemis Live video interview, Christian Mumenthaler, the Chief Executive Officer (CEO) of Swiss Re, explained that he expects reinsurance prices will continue their firming trend at the January 2022 renewal season.

Aspen Insurance Holdings Limited, the Bermuda headquartered insurance and reinsurance underwriter, has increased its third-party and insurance-linked securities (ILS) assets under management by more than 6% in the first-half of 2021, lifting them to $850 million by the end of June.

Pillar Capital Management Limited, the Bermuda headquartered specialist collateralized reinsurance and insurance-linked securities (ILS) investment manager, has adopted technology from Phinsys to help it streamline its ILS financial reporting.

The United Kingdom needs to work with insurance, reinsurance and capital markets participants, as well as regulators, to develop a “flourishing insurance securitisation market”, making the most of the insurance-linked securities (ILS) regulatory regime that was introduced in 2017, according to a lobby group.

Rating agency Moody’s Investors Service has revised its outlook for the global reinsurance industry from negative to stable, saying that price increases are set to drive stronger earnings for the sector going forwards.

For Randall & Quilter (R&Q) Investment Holdings, the launch of its first collateralised reinsurance sidecar vehicle today is not about changing the “recipe book”, meaning the firm’s core area of focus in the legacy space remains, according to William Spiegel, Executive Chairman of R&Q.

Randall & Quilter (R&Q) Investment Holdings, the specialist non-life insurance and reinsurance legacy investor and program manager, has announced the formation and launch of a legacy insurance focused collateralised reinsurance sidecar named Gibson Re, which is being capitalised to the tune of roughly $300 million by investors.

Here are the ten most popular news articles, week ending September 5th 2021, 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 reinsurance firm Swiss Re has continued to add to its growing haul of alternative capital, as its insurance-linked securities (ILS) management operations expand, and now the company targets continued growth, aiming to become the “best integrated capital franchise”, according to Philipp Rüede, Head of Swiss Re’s Alternative Capital Partners (ACP) unit.

Vesttoo, the technology company that uses proprietary artificial intelligence and machine learning solutions with the goal of helping companies assess and transfer risks to the capital markets, has joined an NVIDIA run program to help it further the development of its AI and grow its new Insurance Linked Program.