Alternative reinsurance capital

Investor and private equity giant Apollo Global’s CEO Marc Rowan has hailed the completion of its latest successful capital raise for a new vintage of the life and annuity focused reinsurance sidecar structure for reinsurer Athene as “the largest equity sidecar in the industry.”

AIG believes the collateralized reinsurance market is recovering and is back at its highest level, in limit terms, since 2016. In addition, the company believes it buys roughly 50% of global aggregate capacity provided by the ILS market, according to its CEO Peter Zaffino.

AXIS Capital, the Bermuda based specialty insurance and reinsurance company, has continued to recognise higher fee income from its work with third-party investors in the second-quarter of 2024, with more fees earned through risk-sharing relationships with so-called strategic capital partners.

More than half of the insurance and reinsurance entities registered by the Bermuda Monetary Authority (BMA) in the first-half of 2024 were destined for catastrophe bond, collateralized reinsurance, or other insurance-linked securities (ILS) use-cases.

Two important pieces of insurance-linked securities market merger and acquisitions (M&A) news came to light last week, both of which provide signals for those watching of the health of the sector and investor appetite. But there is also a signal of the desire for scale, to be competitive in offering a broad suite of risk […]

Here are the ten most popular news articles, week ending July 28th 2024, 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.

Bermuda-based reinsurance and third-party capital manager RenaissanceRe believes it stands better protected for hurricane season, with reduced exposure to smaller events and a portfolio that has been shaped with the help of Capital Partners vehicles, including an increased use of Upsilon, as well as more retrocession purchased.

RenaissanceRe, the Bermuda based reinsurance and third-party capital management specialist, has reported its highest ever quarterly fee income from third-party capital and insurance-linked securities (ILS) activities, as higher assets under management (AUM) and strong performance drove a 48.3% year-on-year increase.

Collateralized capital markets backed reinsurance capacity and insurance-linked securities (ILS) fund managers have taken roughly two-thirds of Florida Citizens traditional reinsurance tower at the recent renewals, with Nephila Capital remaining the largest of those markets.

Here are the ten most popular news articles, week ending July 21st 2024, 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.