capital markets

Alternative reinsurance capital was once again largely responsible for the expansion of global reinsurance capacity in 2017, as insurance-linked capacity grew 17% to $88 billion by the end of the year, outpacing traditional reinsurance capital significantly, according to Willis Re.

Insurance and reinsurance sector CEO’s are currently in “surprisingly optimistic” mood about the prospects for their own organisations growth over the coming years, but are increasingly open to joint-ventures or strategic alliances to help them grow and at the same time still terrified of the pace of technological change.

The remaining in-force notes of Bermudian reinsurance firm RenaissanceRe’s $140 million of Series 2017-1 notes issued by Fibonacci Reinsurance Ltd. have been extended again, presumably as loss development continues.

The insurance-linked securities (ILS) market has continued its advance on global reinsurance markets, with no sign that there has been any impact to investor appetite following the major catastrophe losses of 2017, according to broker Willis Re.

Some reinsurance firms that entered the year with lower overall levels of capital, following the impacts of the major hurricanes and other losses last year, have become ” increasingly dependent on retrocession and alternative capital to maintain gross capacity,” according to rating agency Moody’s.

Global law firm Sidley Austin LLP (Sidley) is anticipating the continued expansion of insurance-linked securities (ILS) and alternative reinsurance mechanisms in the months ahead, as traditional players increasingly utilise the capital markets to their benefit.

Today we’re delighted to announce the first wave of speakers for the third installment of our annual insurance-linked securities (ILS) conference in Asia, ILS Asia 2018. The event will be held on July 12th 2018 at the Suntec Convention Centre, Singapore and early bird tickets are on sale now (grab yours today before they sell […]

The Bermuda Monetary Authority (BMA) has reported an increased number of insurance and reinsurance company registrations on the island in the first two months of 2018, which was helped by an increase in the number of special purpose insurers (SPI’s) being registered for ILS transactions.

The ILS Advisers Index, which tracks the performance of numerous insurance-linked securities (ILS) and reinsurance linked investment funds, scraped to a positive return of just 0.08% in the month of February 2018, as the impacts of prior losses continued to reverberate around the ILS market.

The Asian Development Bank (ADB), a financial institution that supports economic growth and cooperation in the Asia-Pacific region, has hired Thomas Kessler, a long-time Swiss Re executive, into a newly created role focused on disaster risk insurance and financing.