casualty insurance-linked securities


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 →

Lloyd’s has potential to create a casualty ILS market: CFO

The Lloyd's insurance and reinsurance market has clear ambitions to broaden its offering to investors seeking insurance-linked returns, with CFO Burkhard Keese saying today that it views the creation of a casualty insurance-linked securities (ILS) market as possible. Having launched the London Bridge Risk PCC insurance-linked securities (ILS) vehicle in 2021 read the full article →

Ledger’s premium transferred surpasses $332m after busiest three weeks

Ledger Investing, the insurance technology (insurtech) and insurance-linked securities (ILS) focused company, has launched a new transparency initiative, making its transaction data publicly available to demonstrate the traction it has been experiencing. Having placed around $300 million of insurance and reinsurance premium into the capital markets by the end of 2021, read the full article →

Ledger places $300m+ of premium into capital markets in 2021

Ledger Investing, the insurance technology (insurtech) and insurance-linked securities (ILS) focused company, said that over the course of 2021 it placed more than $300 million of gross premium directly into the capital markets, as it continued to build out its risk securitization platform. Ledger Investing also said that it sourced capacity read the full article →

Ledger Investing launches Nanorock casualty ILS fund

Ledger Investing has launched its first insurance-linked securities (ILS) fund, a casualty risk focused strategy backed by a single investor, and an ILS management unit, Ledger ILS Managers LLC. While the firm plans a $300 million co-mingled casualty ILS fund strategy as well. Using its own technology platform, a marketplace for read the full article →

Aon to help insurers transfer emerging liability risks to the capital markets

Insurance and reinsurance broker Aon is working in collaboration with Praedicat to develop named peril liability reinsurance products to help insurers transfer emerging liability risks such as those related to nanomaterials and 5G to traditional reinsurers and also the capital markets. The idea is to address product liability risks from new read the full article →

Non-CAT ILS is “well and truly out of the bottle” – MultiStrat

As pressure on reinsurance rates intensifies, alternative capital seeks yield, and appetite broadens beyond the catastrophe space, the adoption of casualty insurance-linked securities (ILS) is poised to accelerate, according to MultiStrat, the specialist underwriter, and reinsurance investment facilitator. The combined effects of rate increases and capacity constraints drive innovation in the read the full article →

MultiStrat acquired by Canopius

Multi-Strat Holdings Ltd., the Bermuda based holding company that underwrites casualty and longer-tailed reinsurance and arranges casualty insurance-linked securities (ILS) transactions, has been acquired by Canopius Group Limited. Canopius, the global specialty insurance and reinsurance group headquartered in London, is making a majority acquisition of MultiStrat, but the MultiStrat brand will read the full article →