Collateralized reinsurance news

News and articles about collateralized reinsurance transactions and collateralised reinsurance market trends.

Collateralised reinsurance simply refers to any fully-collateralised reinsurance transaction, be that securitised or not.

Collateralized reinsurance allows ILS funds, hedge funds, pension funds and unrated, third-party capitalised reinsurance vehicles to participate in major reinsurance programs as the contracts they write are fully-collateralised.

The collateral is put up by investors or third-party capital providers to cover in full the potential claims that could arise from the reinsurance contract.

Normally the collateral posted is equal to the full reinsurance contract limit, minus the net premiums charged for the protection.


Swiss ILS fund managers collaborating on ESG transparency

Artemis has learned that a group of Switzerland-based insurance-linked securities (ILS) investment fund managers have been collaborating to develop a data transparency proposal to help enhance environmental, social and governance (ESG) in the ILS market. After what we understand to be a few months of work, an initial ESG data request read the full article →

Nephila & D.E. Shaw lead Florida Citizens renewal, as ILS dominates again

Once again, third-party sources of reinsurance capital, largely from the insurance-linked securities (ILS) market, have dominated the reinsurance renewal of Florida’s Citizens Property Insurance Corporation in 2022, with ILS investment manager Nephila Capital again taking the largest share. Florida Citizens had entered the reinsurance renewal marketplace in 2022 seeking to buy read the full article →

Video from ILS NYC 2022 conference. Session 4: Responsible

The fourth panel session of our ILS NYC 2022 conference that was held in New York back in April, saw industry experts debate the responsibility of the insurance-linked securities (ILS) asset class, asking how climate and ESG fit into this. This video is of the fourth panel session from our recent read the full article →

ILS opportunities amid reinsurance market and capacity dislocation

It's becoming clear that some constituents of the insurance-linked securities (ILS) market are taking advantage of opportunities presented during the current period of reinsurance market dislocation and the lack of capacity in certain areas of the sector. As ever, pricing and rates remain the headline when it comes to discussions of read the full article →

Mid-year collateralized reinsurance renewal rate rises higher than expected

Rate increases secured by insurance-linked securities (ILS) funds and collateralized reinsurance vehicles at the mid-year reinsurance renewals are likely to be higher than had been expected when the negotiations began, sources have told Artemis. Typically, we don't get any clear signs of price trajectory until after July 1st when the reinsurance read the full article →

ESG policies becoming critical in private capital markets

Investment funds in the private capital markets sector increasingly need to be seen to be quickly moving towards, or having already implemented, a rigorous environmental, social and governance (ESG) policy, or they could risk falling outside of many institutional investor's consideration. Environmental, social, governance (ESG) considerations are becoming a significant part read the full article →

Ledger raises $75m to accelerate ILS / data revenues & grow team

Ledger Investing, the insurance technology (insurtech) and insurance-linked securities (ILS) focused company, has announced a successful new Series B capital raise that has secured it $75 million in growth capital. The Series B funding round was led by investor WestCap, while Teachers’ Venture Growth and Intact Ventures also participated, and previous read the full article →

Rate adequacy & claims inflation “the most critical question” – Niklaus Hilti interview

In the current macro-economic environment, it is critical the reinsurance and insurance-linked securities (ILS) markets get to grips with inflation and making sure it is priced for, Niklaus Hilti explains in a new Artemis Live video interview. Our latest Artemis Live video interview from June 2022 is with Niklaus Hilti, Head read the full article →

Kelvin Re acquired by financial services group Cowen

The Guernsey based, Credit Suisse Insurance Linked Strategies supported reinsurance company Kelvin Re Limited has been acquired by New York headquartered financial services group Cowen. Kelvin Re took its financial support through insurance-linked securities (ILS) investors and funds under the management of Credit Suisse Asset Management’s specialist ILS investment unit. But Kelvin read the full article →

Video from ILS NYC 2022 conference. Session 3: Differentiated

The third session of the day at our ILS NYC 2022 conference in New York in April saw panellists exploring the availability of diversification opportunities within the insurance-linked securities (ILS) asset class, as well as the maturity of efforts to provide differentiated sources of ILS return. This video is of the read the full article →