Alternative reinsurance capital

As we reported recently, US headquartered insurance holding company W. R. Berkley Corporation has continued to expand its Lifson Re collateralized reinsurance sidecar vehicle, which has been a key lever for the firm’s growth into property catastrophe risks at an attractive time in the cycle.

The government of Korea has been urged to implement and adopt an insurance-linked securities (ILS) regulatory framework to enhance its domestic insurance marketplace and enable access to the capital markets for additional risk capital and reinsurance.

Last year, Bermuda-based insurance and reinsurance company use of insurance-linked securities (ILS) such as catastrophe bonds increased, according to survey data collected by the Bermuda Monetary Authority (BMA).

Here are the ten most popular news articles, week ending December 10th 2023, 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.

Today, we are delighted to reveal the first wave of speakers confirmed for our next insurance-linked securities (ILS) conference. ILS NYC 2024 will be held in New York City on February 9th 2024, with around 400 attendees from the ILS community expected to come together for a day of thought-leadership, discussion and valuable networking.

The California Earthquake Authority (CEA) increased the size of its overall risk transfer and reinsurance program up to November 1st, hitting that date with $9.26 billion in-force, as part of which the CEA’s catastrophe bonds had increased their share.

Specialty insurance and reinsurance underwriter the Canopius Group has hired well-known insurance-linked securities (ILS) focused executive Brent Slade in Bermuda, who will become the firm’s new Head of ILS and have a remit to expand ILS activities for the Group, Artemis has learned.

Vantage Risk, the Bermuda headquartered insurance and reinsurance company, has plans to leverage third-party capital in a broader set of underwriting lines in future and now with over $1.5 billion of capital to deploy using its AdVantage collateralized insurer class of company, 2024 could be the year it expands into non-cat risk, Chris McKeown told […]

The Committee of Unsecured Creditors in the Chapter 11 bankruptcy case of insurtech Vesttoo have filed a request with the court to allow them to conduct legal discovery on the main bank named in the letter of credit (LOC) reinsurance collateral fraud, China Construction Bank.

Here are the ten most popular news articles, week ending December 3rd 2023, 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.