capital markets

The global reinsurance sector outlook remains negative, according to S&P Global Ratings, as returns for the sector still fall short and the industry continues to battle against its commoditization, in particular from non-traditional capital.

The United Kingdom’s Prudential Regulatory Authority (PRA), part of the Bank of England, has published its second climate change adaptation report and featuring heavily in it is the subject of whether new or additional capital requirement charges may be needed as a result of climate change.

Global reinsurance company SCOR is set to take a range of actions to lower its catastrophe volatility in the United States and will look to alternative retrocession products for 2022, as the company acknowledges capacity for certain retro solutions may be more limited, according to Jean-Paul Conoscente, CEO of SCOR Global P&C.

The UK Government’s HM Revenue & Customs (HMRC) is preparing the way to eliminate the need to pay any Stamp Duty related taxes for insurance-linked securities (ILS) transactions or on reinsurance transformers established in the country, which is a key step to make transacting ILS more competitive in the United Kingdom.

While growing its business substantially again in the third-quarter, it seems that global insurance and reinsurance company Everest Re ceded more of its written premiums to reinsurance capacity, either to third-party capital investors in Mt. Logan Re, or its retrocessionaires, as the significant catastrophe losses drove it to an underwriting loss for the third-quarter of […]

Mortgage insurance group NMI Holdings, Inc. has now successfully secured $364 million of collateralised mortgage reinsurance protection from the capital markets with the Oaktown Re VII Ltd. transaction, which is its second mortgage insurance-linked notes issuance of the year.

With rising catastrophe losses impacting insurance and reinsurance markets, S&P Global Ratings believes that use of insurance-linked securities (ILS) is going to increase.

Vesttoo, the technology company that uses proprietary artificial intelligence and machine learning solutions with the goal of helping companies assess and transfer risks to the capital markets, has announced a high-profile new addition to its advisory board, with former Swiss Re CEO Jacques Aigrain becoming Chairman.

The results of our latest global reinsurance market survey, in collaboration with Reinsurance News, suggest that the use of insurance-linked securities (ILS) capacity is likely to rise again at the January 1st, 2022 renewals.

Tremor Technologies, the insurtech with a technology-based programmatic insurance and reinsurance risk transfer marketplace, has added another innovative feature to its software, now launching Tremor Blackboard™ a real-time collaboration tool so remote and global teams can work together on their reinsurance placements.