casualty insurance-linked securities


Future of casualty linked securities is “very bright,” Robinson, CEO, MultiStrat Advisors

In an interview with Artemis, Jim Robinson of MultiStrat Advisors Inc. recently discussed the novel casualty insurance-linked securities (ILS) transaction the firm arranged for HSCM Bermuda, the ILS, reinsurance and transportation finance investment firm established by ex-Goldman Sachs structured finance head Michael Millette. Jim Robinson is the Chief Executive Officer (CEO) read the full article →

Hudson Structured & MultiStrat complete novel casualty ILS transaction

Insurance and reinsurance specialist investment manager Hudson Structured Capital Management is allocating to a novel third-party liability, or casualty risk, transaction that has been arranged by MultiStrat Advisors Ltd., enabling it to access the returns of workers' compensation insurance risks. The underlying transaction sees $35.3 million of seasoned workers’ compensation liabilities read the full article →

AIR to get casualty risk modelling ability with Arium acquisition

Risk modelling firm AIR Worldwide will benefit from liability and casualty risk modelling abilities after parent company Verisk Analytics announced the acquisition of Arium, an independent company focused on liability risk modeling and decision support. This acquisition is expected to enable AIR to provide risk modelling products and analytics for the read the full article →

Horse Capital ILS to help manage loss ratio volatility: Generali

Assicurazioni Generali sees the successful acquisition of €255 million of fully collateralised reinsurance protection from the capital markets, through the recent Horse Capital I DAC motor third-party liability loss ratio ILS, as an example of capital markets support for its strategic optimisation of its capital allocation. Group Chief Financial Officer Alberto read the full article →

Horse Capital I could open ILS market to new opportunities: Dubinsky, WCMA

Capital market investors were "well placed" to support the recent Horse Capital I DAC motor third-party liability loss ratio ILS, catastrophe bond like transaction, and its successful completion could open the ILS market to new opportunities, according to Bill Dubinsky of WCMA. Willis Capital Markets & Advisory (WCMA), the investment banking read the full article →

Generali’s Horse Capital I motor liability ILS upsizes to €255m

Assicurazioni Generali will secure an upsized €255 million (approx US$266m) of fully collateralised reinsurance cover for motor third-party liability loss ratio deterioration, after its innovative Horse Capital I DAC ILS or catastrophe bond like transaction grew by 42% at pricing. Generali is set to very successfully leverage the catastrophe bond structure read the full article →

Generali targets up to €240m from Horse Capital I motor liability ILS

European insurance giant Assicurazioni Generali is set to upsize its innovative motor third-party liability ILS deal Horse Capital I DAC, as the targeted transaction size has risen from €180m at launch to a new target of between €210m to €240m (US$255m). Generali is seeking to leverage the catastrophe bond structure and read the full article →

Generali in 3rd party motor liability ILS with Horse Capital I DAC

The catastrophe bond and ILS market looks set to see a very rare casualty cat bond type transaction as European insurance giant Assicurazioni Generali seeks a €180m or larger source of motor third-party liability reinsurance protection through a Horse Capital I DAC securitisation. Casualty and liability risks are often discussed by read the full article →

Oortfolio launch to increase liability risk transfer innovation: Praedicat

The launch of Oortfolio™, a liability insurance risk modeling platform from Praedicat, could stimulate innovation in liability insurance risk transfer, such as attracting new capital by enabling it to better quantify liability exposures and even liability catastrophe bonds. Oortfolio has been announced by Praedicat and will offer the industry "an unprecedented read the full article →

Alternative reinsurance capital to pressure casualty: Morgan Stanley

Pricing in the casualty reinsurance space is expected to increasingly come under pressure owing to the presence of alternative capital, but it’s impact is unlikely to be as influential as seen in the property cat space, say analysts at Morgan Stanley. “The increasing supply of alternative capital will pressure casualty re pricing. read the full article →