climate insurance-linked securities


Climate and cyber are opportunities for reinsurance capacity expansion: Aon

The value-proposition of risk transfer through reinsurance remains strong, according to broking giant Aon, who said recently that while reinsurance capital levels remain adequate across most of the market, there are some opportunities for new capital to enter and existing players to expand. Reinsurance capital increased through the first-half of 2021, read the full article →

Secondary perils can be “death by a thousand cuts” – Aeolus

Secondary perils require a particular level of focus, investment and effort, when it comes to modelling risks of insurance-linked securities (ILS) and reinsurance portfolios, Aeolus Capital Management executives told us recently. Secondary perils are typically understood as the group of catastrophe and severe weather perils that are not considered "peak". But in read the full article →

Aeolus Capital Management on the importance of climate models: Interview

For our latest Artemis Live video interview we explored the importance of climate risk models in the management of portfolios of reinsurance and insurance-linked securities (ILS), with senior executives from Aeolus Capital Management. Aeolus Capital Management Ltd. is a specialist reinsurance and retrocession investment fund manager that targets largely property catastrophe read the full article →

Capital markets fundamental to societies low carbon transition: Rowan Douglas, WTW

The role of the capital markets in the world’s transition to a low carbon economy as we look to tackle the threats of the changing climate, is “absolutely fundamental,” according to Rowan Douglas, Head of the Climate and Resilience Hub at Willis Towers Watson (WTW), and Chairman of Willis Research read the full article →

Address climate risk, be able to absorb losses: Bank of England Governor

One of the clearest examples of a regulators' intention to force action on climate-related financial risks and ensure entities have the capital resources to absorb their potential future losses from them, came from Bank of England Governor Andrew Bailey yesterday. Speaking at COP26 in Glasgow, the Bank of England Governor laid read the full article →

CME weather contracts to use Speedwell data for settlement & valuation

The Chicago Mercantile Exchange (CME), which has always been an exchange location where weather futures and derivatives have been traded, is set to use weather data for settlement and valuation of its contracts from specialist provider Speedwell. It's an important move as it puts a recognised third-party provider of global weather read the full article →

TP ICAP & Speedwell launch tradable climate index

TP ICAP group, one of the largest interdealer brokers in the world and Speedwell Group, a long-time specialist service provider to the weather risk management and parametric risk transfer market, have collaborated to launch a new climate index which aims to make financial risk related to the rate of climate read the full article →

Next wave of climate ILS products in focus at Nephila Climate: CEO Rapin

With the world attempting to speed a transition to lower carbon economies and the key Conference of Parties (COP 26) beginning at the end of this month, it was interesting to hear Maria Rapin, CEO of Nephila Climate explain that a key focus for the company is now on product read the full article →

Twelve Capital hires two to strengthen ESG & climate investment focus

Specialist catastrophe bond, insurance-linked securities (ILS) and reinsurance investment manager Twelve Capital has announced two new hires that bring sustainable and climate investing expertise to the company. Both of the particularly experienced professionals have specific expertise in managing investments in the area of climate change. Daniel King-Robinson and Tobias Engeli have both read the full article →

Fitch sees “breakout” potential for ILS, could double by 2030

The insurance-linked securities (ILS) market has "breakout" potential as the sector returns to growth, increasing numbers of new sponsors enter the market, including from outside of insurance and reinsurance, but the real catalysts for future expansion could be climate change and ESG, Fitch Ratings believes. Fitch has a particularly bullish outlook read the full article →