Catastrophe bond news

Catastrophe bond news – news and analysis covering the market for cat bonds and other catastrophe insurance-linked securities (ILS), including all the catastrophe bond issuance news, cat bond articles, catastrophe bond market trends, catastrophe bond analysis and cat bond data.

For details of catastrophe bond transactions visit our Deal Directory.

Share

UN, WWF & global re/insurers urge risk transfer innovation for World Heritage Sites

The United Nations, the World Wide Fund For Nature (WWF) and leading global insurance and reinsurance firms are calling for the use of innovative risk transfer solutions, including parametric protection and catastrophe bonds, to protect World Heritage Sites.The UN Environment’s Principles for Sustainable Insurance Initiative (PSI), a collaboration between the read the full article →

Hagibis loss complex to assess, ILS deductible erosion possible: Twelve

The assessment and quantification of insurance and reinsurance market losses after typhoon Hagibis is to be complex and likely prolonged as a result, but there is a chance of some performance impact to private collateralised reinsurance deals, according to ILS investment manager Twelve Capital.Specialist ILS and reinsurance fund manager Twelve read the full article →

Terror risk a “useful but complex diversifier for ILS funds” – IFTRIP

Terrorism insurance and reinsurance risks are seen by investors as a useful but complex diversification opportunity for their ILS funds, hot topics discussed at the annual IFTRIP conference suggested.The International Forum of Terrorism Risk (Re)Insurance Pools (IFTRIP) annual conference was held in Brussels last week and insurance-linked securities (ILS) and read the full article →

Hagibis loss could match Faxai, may accelerate reinsurance rates: KBW

The eventual industry loss from typhoon Hagibis could reach the level seen with the other recent Japanese typhoon Faxai, while together the losses they bring to the industry may be enough to accelerate reinsurance rate rises in April 2020, according to KBW analysts.Typhoon Hagibis made landfall in Honshu, Japan on read the full article →

Estera introduces legal services in Bermuda and the Cayman Islands

Estera, a global provider of corporate, fund and trust services including to reinsurance and insurance-linked securities (ILS) markets, is branching out to add legal services to its offering from key locations Bermuda and the Cayman Islands.Estera is a global provider of funds, corporate administration and trust services and an active read the full article →

No cat bond loss from Hagibis, price impacts to be short-lived: Plenum

Specialist catastrophe bond and insurance-linked securities (ILS) investment manager Plenum said that Japanese typhoon  Hagibis won't be severe enough to trigger any cat bond losses and that any secondary market price impact will be short-lived.The Zurich based specialist ILS and catastrophe bond fund manager Plenum Investments has a long track read the full article →

Covéa returns with €100m all-natural perils cat bond Hexagon II Re

French mutual insurance society Covéa Group is returning to the capital markets to sponsor its second catastrophe bond deal, a €100 million deal that seeks all-natural perils reinsurance coverage for the firm, in a Hexagon II Reinsurance DAC (Series 2019-1) issuance.This Hexagon II Re catastrophe bond is the first full read the full article →

Best of Artemis, week ending 13th October 2019

Here are the ten most popular news articles, week ending 13th October 2019, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updatesor get our email alerts for every article we publish.New speakers revealed read the full article →

Typhoon Hagibis causes severe flooding, damage across swathe of Japan

Typhoon Hagibis has caused severe flooding, as well as some damage from its winds, across a wide swathe of Japan after the storm made landfall yesterday evening local time in Shizuoka prefecture and passed across the Tokyo metro area.Before typhoon Hagibis even arrived rainfall totals were nearing record levels, with read the full article →

Hagibis to add “enormous complication” so soon after Faxai: RenRe CEO O’Donnell

Japanese typhoon Hagibis will add "enormous complication" in allocating and finalising losses, while claims processes in Japan have likely not moved on since last year's Jebi and its significant loss creep, according to the CEO of reinsurance firm RenaissanceRe.Typhoon Hagibis is currently on track for Japan, with a landfall in read the full article →