Alternative reinsurance capital

The insurance-linked securities (ILS) market could ultimately bear as much as $18 billion of the industry loss from the 2017 hurricane events, according to rating agency A.M. Best.

Here are the ten most popular news articles, week ending 9th September 2018, 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.

Aon’s Reinsurance Solutions division has launched a new Capital Advisory team led by Eric Paire, as it recognises the need to deliver on capital optimisation for its clients.

Non-life insurance is becoming unprofitable and without significant improvement in underwriting margins, global reinsurance firm Swiss Re says that insurers will fail to deliver sustainable returns.

Reinsurance & ILS demand is expected to rise, but price is key, we found in our first global market survey. Reinsurance News and Artemis have teamed up to take the temperature of the global reinsurance market at what is a key time for the industry.

Artemis spoke with Sean Bourgeois, Founder and CEO of insurance technology (InsurTech) start-up Tremor Technologies, Inc., to discuss its mission to create an open, technology-driven, programmatic marketplace for reinsurance risk placement.

It was further growth of the alternative reinsurance capital and insurance-linked securities (ILS) market that drove an increase in overall reinsurer capital at the end of the first-half of 2018, according to Willis Re, but this comes against a backdrop of further deterioration for underlying reinsurer returns-on-equity (RoE’s).

Brian Duperreault, the CEO of insurance giant American International Group (AIG), said yesterday that he sees “huge potential” for using the insurance-linked securities (ILS) market more at the firm.

Digital risk trading insurtech start-up Akinova, which promises a digital platform for trading insurance and reinsurance risks and will begin with an industry-loss warranty (ILW) type product, has appointed Thomas Heise of Insurance Income Strategies (IIS) to its advisory board.

Property Claim Services (PCS) has announced that in the first-quarter of 2019 it will provide county-level industry insured loss estimates and claim counts across all U.S. states and perils, for events with insured losses of at least $1 billion.