Alternative reinsurance capital

Articles discussing alternative reinsurance capital. Largely sources from third-party investors in the capital markets, alternative reinsurance capital is increasingly being leveraged by reinsurers as a cheaper cost source of risk transfer while for investors the access to reinsurance returns as an investment is growing in popularity.

Share

Risk transfer recommendation baked into 2021 United States budget

United States Federal agencies should explore and employ risk transfer from private markets, such as insurance, reinsurance and capital market solutions, to transfer risks that American taxpayers are exposed to, an amendment to a key budget document will now state.The U.S. House Financial Services Committee met last week, and part read the full article →

“Glory days” of robust non-life reinsurance pricing may be over: A.M. Best

While reinsurance rates have improved in the last year and are expected to improve further through 2020, the chances of a return to the "glory days of a robust non-life pricing environment" are seen as slim by rating agency A.M. Best.Of course we've been writing for years now that the read the full article →

ILS’ share to remain smaller at Japanese renewals, but grow in Florida

There is a a likelihood that the renewals of Japanese reinsurance programs at April 1st 2020 continue to see the insurance-linked securities (ILS) market playing a relatively minor role, with share increases harder to come by, but at Florida's reinsurance renewals at June 1st there could be a chance for read the full article →

Best of Artemis, week ending 8th March 2020

Here are the ten most popular news articles, week ending 8th March 2020, 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.Ten most read the full article →

Chilean riot losses show need for hedging solutions, including ILS: PCS

Insurance and reinsurance market losses from the Chilean riots that took place in 2019 are continuing to rise and the magnitude of the industry loss, as well as the fact their size and location has been relatively unexpected in some quarters, means reinsurers are likely to be looking for hedging read the full article →

Weather risk & renewables specialist GCube acquired by Tokio Marine HCC

Tokio Marine HCC, the specialty insurance players, has acquired GCube, a managing general agent (MGA) and underwriter focused on the renewable energy sector as well as weather risk transfer products.GCube has a track record of underwriting weather risk transfer on a parametric and index basis for the energy sector and read the full article →

PCS launches industry loss index & estimates for Latin America

Property Claim Services (PCS) will now provide industry loss data aggregation and index reporting for the entire Americas, from Canada to Argentina, with the launch of a Latin America service in response to client demand.PCS, a Verisk Analytics business, already provides loss aggregation and reporting solutions for property catastrophe risks read the full article →

Japanese ILW market set to grow as PCS takes share: Johansmeyer

The Japanese industry-loss warranty (ILW) market is recovering and set for growth, helped by the availability of PCS’ product in the region which is seeing increasing uptake.After two consecutive years of heavy typhoon related losses in Japan, retrocessional reinsurance market capacity has been dented.ILW’s structured against Japanese wind were tied read the full article →

Hiscox Re & ILS premiums up, but rates to hinder capital deployment in 2020

Insurance and reinsurance firm Hiscox Group has announced an increase in gross written premiums within its reinsurance and ILS unit during 2019, but has warned that it’s unlikely to use of all its available capital in 2020 as rate increases remain below targets for the firm.The re/insurer announced in November read the full article →

Best of Artemis, week ending 1st March 2020

Here are the ten most popular news articles, week ending 1st March 2020, 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.Ten most read the full article →