Alternative reinsurance capital

The Association of Bermuda Insurers and Reinsurers (ABIR) has launched a new working group focused on insurance-linked securities (ILS) and alternative reinsurance capital.

Here are the ten most popular news articles, week ending 14th February 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.

Overall, the insurance-linked securities (ILS) market is maturing in an attractive manner but as new sponsors and jurisdictions enter the fold, there’s a need for continued education, according to global law firm Mayer Brown.

There is a clear role for risk transfer to the capital markets in the provision of capacity to address pandemic related non-damage business interruption risks, according to Europe’s insurance and reinsurance sector watchdog, the European Insurance and Occupational Pensions Authority (EIOPA).

The deepening of the world’s understanding, measurement and valuation of climate risks is going to drive a massive demand for contingent risk capital, which parametric triggers and insurance-linked securities (ILS) will be well-suited to serve, Rowan Douglas of Willis Towers Watson explained during our ILS NYC event this week.

The World Bank sees the insurance-linked securities (ILS) sector providing significant benefits for member country governments, but elements of the catastrophe bond structure could be adapted to make it an even more attractive tool for sovereign disaster risk financing.

RenaissanceRe, the Bermuda headquartered global reinsurance company, has lifted its third-party capital assets under management to a new high of $6.4 billion as of January 1st 2021.

Thanks to popular demand and a number of stars aligning, we are delighted to bring you two additional broadcasts from our virtual ILS NYC 2021 conference today.

The already large environmental, social and governance (ESG) investor community is poised to expand further, but in order for the insurance-linked securities (ILS) sector to really take advantage of the opportunity it needs to address certain challenges, says Marcus Rivaldi, Managing Director of Analytics, Twelve Capital.

Ambac Financial Group, Inc. has launched a new program and fronting focused specialty insurance company named Everspan Group and targets participatory fronting and transformation for select risks, with the insurance-linked securities (ILS) market a potential reinsurance capacity partner it seems.