collateralised

The level of insurance-linked securities (ILS) capital reached new heights in 2023 on the back of record issuance in the catastrophe bond market, and while collateralised reinsurance has so far failed to rebound, there are signs of growth, according to James Vickers, Chairman of International, Gallagher Re.

For some primary insurance sponsors of catastrophe bonds, insurance-linked securities (ILS) and other alternative sources of reinsurance capital it’s the fully collateralized nature of the products which will keep them coming back for more.

An updated survey of insurance and reinsurance executives who attended the Property Casualty Insurers Association of America (PCI) Annual Meeting recently shows that acceptance of alternative reinsurance capital sources and solutions has increased in the last year.

Richard Brindle, CEO of Lancashire Holdings, a global provider of specialty insurance and reinsurance products and third-party reinsurance capital firm, said that the firm is insulated from feeling too much of the impact of new third-party reinsurance capital due to its focus on specialty and non-elemental exposures.

Global provider of specialty insurance and reinsurance products and third-party reinsurance capital firm Lancashire Holdings has announced a new appointment within its third-party capital management brand Lancashire Capital Management. Mathieu Marsan has been appointed as Portfolio Manager & Actuary for the firms Capital Management division.

Global provider of specialty insurance and reinsurance products and third-party reinsurance capital management firm Lancashire Holdings looks set to launch another sidecar under the successful Accordion Re branding. The first Accordion Re sidecar was so named as it was said to be designed to shrink or expand with Lancashire’s needs, investor  for catastrophe risk and […]

German reinsurer Hannover Re recently held a conference call to discuss its progress during 2012 and at the important market juncture of the January reinsurance renewals. The reinsurer said that despite the reinsurance market environment being considerably more competitive than in the previous year, citing increased capacity from new reinsurers and the insurance-linked securities space, […]

Reinsurance broker Guy Carpenter has released some results from a survey which saw them poll insurance and reinsurance executives who attended the 2012 Property Casualty Insurers Association of America (PCI) Annual Meeting recently. The survey looked to identify the key drivers and threats to profitable growth in the industry and asked participants a number of […]

Lancashire Holdings, a Bermuda and UK based provider of specialty insurance and reinsurance products,has announced that it is launching Saltire Re I, a fully collateralised Bermuda incorporated special purpose reinsurer. Saltire Re I will be collateralised through share capital which will be owned by a syndicate of investors and aims to be capitalised to the […]

The latest report on the insurance-linked securities and catastrophe bond market in the second-quarter to emerge comes from Willis Capital Markets & Advisory (WCMA), the capital market divison of global broker Willis. The report looks back at issuance in Q2 2012, comments on specific deals and gives some insight into the secondary market. In the […]