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.
Florida’s property insurance market is in the midst of an inevitable hard-landing, but the legislative reforms passed recently are unlikely to go far enough and won’t solve the fundamental problem of litigation, according to Tony Rettino of ILS fund manager Elementum Advisors.
Read the full article
Insurance and reinsurance broker Miller, the independent and private equity funded broking group, has now announced that recent insurance-linked securities (ILS) focused hire John Duda has now joined the company in Bermuda.
Read the full article
Increased investor price discipline across insurance-linked securities (ILS) and reinsurance linked investments is helping to drive returns higher, but catastrophe bonds are the stand-out as the ILS market segment likely to grow in 2022, according to K2 Advisors.
Read the full article
Elementum Advisors, LLC, the insurance and reinsurance linked asset manager, has added some new investors to its high-yield insurance-linked securities (ILS) fund strategy in 2022, allowing the investment manager to capitalise on reinsurance market dislocation, according to Tony Rettino.
Read the full article
Capital strength will support global reinsurance firms through the 2022 Atlantic hurricane season, according to Fitch Ratings, but a significant loss or number of major events could make things more challenging, something that the still limited amount of retrocession in the market could exacerbate, it seems.
Read the full article
On announcing the completion of the second catastrophe bond issuance domiciled in Hong Kong, the Insurance Authority’s CEO Clement Cheung explained that insurance-linked securities (ILS) are a focus as they gain increasing attention.
Read the full article
Leadenhall Capital Partners LLP, the London headquartered specialist insurance linked securities (ILS) and reinsurance related investments manager, has announced the promotion of long-term employee and partner Lorenzo Volpi to the position of Deputy CEO.
Read the full article
Eclipse Re Ltd., the Artex-managed and operated private syndicated collateralised reinsurance note, private catastrophe bond issuance and reinsurance transformer platform, has completed the issuance of an $8.73 million Eclipse Re Ltd. (Series 2022-2A) transaction in recent days.
Read the full article
April 2022 saw insurance-linked securities (ILS) fund strategies deliver a third month in a row of relatively muted performance, with pure catastrophe bond fund strategies suffering the price related effects of spread widening in the marketplace.
Read the full article
Florida’s primary property insurance carriers that are reliant on reinsurance still face an “existential challenge” as global reinsurance firms remain reluctant to assume risks in the state, AM Best has said.
Read the full article
