casualty insurance-linked securities


Ledger hires Anand Khare from Chubb as Chief Actuary

Ledger Investing, the insurance technology (insurtech) and insurance-linked securities (ILS) focused company, has appointed its first Chief Actuary, taking Anand Khare from insurer Chubb. Having recently announced a sizeable Series B capital raise that secured the insurtech firm $75 million in growth capital, Ledger Investing has been hiring for numerous roles read the full article →

Lloyd’s new ILS vehicle an “efficient mechanism” for investors: Clifford Chance

The new Lloyd's sponsored protected cell company that was announced last week, London Bridge 2 PCC Ltd, represents "an efficient mechanism" for both existing and new investors to access risk from the Lloyd's market, according to Clifford Chance. The international law firm worked with Lloyd's and the UK financial market regulators read the full article →

Lloyd’s new LB2 ILS structure brings flexibility the market wants

The announcement today of a new insurance-linked securities (ILS) structure for the Lloyd's of London insurance and reinsurance market brings much greater flexibility to the way Lloyd's participants can access the capital markets and investors access risk from underwriters in the market. The news was broken by the Financial Times overnight, read the full article →

Lloyd’s to announce significant London Bridge 2 ILS expansion plan

Lloyd's of London will today announce a significant expansion of its London Bridge insurance-linked securities (ILS) platform, with a plan to welcome more capital, new types of reinsurance transactions and make the transfer of different kinds of risks to capital market investors simpler. Dubbed London Bridge 2, according to the Financial read the full article →

Fleming hires Khare to lead casualty ILS solutions push

Fleming Insurance Holdings, a property and casualty prospective and retrospective capital solutions provider, has hired former Point72 executive Samir Khare as Head of Casualty ILS Solutions, as the firm looks to the capital markets to securitize insurance risk. Fleming Insurance Holdings, which counts Fleming Re as part of its stable and read the full article →

Lloyd’s willingness to adapt capital framework a positive: Gallagher Re

The Lloyd's insurance and reinsurance market's willingness to adapt its capital framework is seen as positive by broker Gallagher Re, who in a new report noted the use of ILS structure London Bridge Risk to bring in new capital, contributing to a healthy Funds at Lloyd's market. Lloyd’s launched its insurance-linked read the full article →

Ledger raises $75m to accelerate ILS / data revenues & grow team

Ledger Investing, the insurance technology (insurtech) and insurance-linked securities (ILS) focused company, has announced a successful new Series B capital raise that has secured it $75 million in growth capital. The Series B funding round was led by investor WestCap, while Teachers’ Venture Growth and Intact Ventures also participated, and previous read the full article →

Non-nat-cat alternatives the “perfect hedge” for ILS investors: AM RE Syndicate

Amid the increased frequency, scope, and severity of natural catastrophes, insurance-linked securities (ILS) investors stand to benefit from the greater predictability and sustainability of non-nat-cat program-based portfolios of risk, according to AM RE Syndicate. In a new whitepaper, titled ‘The Impact of Climate Change on the Traditional ILS Market and Non-Nat-Cat read the full article →

Access to third-party capital & ILS positive for London market: AM Best

Rating agency AM Best has maintained its outlook for the London insurance and reinsurance market at Stable, with improving access to third-party capital one of the key drivers. AM Best believes that access to third-party reinsurance capital and the ability to more readily utilise insurance-linked securities (ILS) are positives for the read the full article →

Lloyd’s seeks expanded ILS approvals for London Bridge Risk PCC

The Lloyd’s insurance and reinsurance market is understood to be in active discussion with financial market regulators over an expansion of the regulatory approvals for its insurance-linked securities (ILS) structure London Bridge Risk PCC. Lloyd's launched the vehicle over a year ago now and the London Bridge Risk PCC Ltd. structure read the full article →