Collateralized reinsurance news

After raising its insurance-linked securities (ILS) assets under management (AuM) by roughly 16% in the first eight months of this year, SCOR Investment Partners (SCOR IP) continues to see attractive opportunities across the sector, according to Sidney Rostan, Head of ILS, SCOR IP.

PartnerRe, the Bermuda headquartered reinsurance company that is currently EXOR owned, but subject of a sale to Covea Group, has managed to report a positive technical result across its non-life business despite significant losses from hurricane Ida and the European flooding.

In explaining the impact of climate change on hurricanes, risk modeller Karen Clark & Company explains that intensity of tropical cyclones has risen with a warming climate, leading it to believe hurricane losses may already be elevated by 11% due to climate change, with as much as another 19% increase possible by 2050 if warming […]

AXIS ILS, the insurance-linked securities and third-party reinsurance capital arm of global specialty player AXIS Capital, has made a new senior hire in adding experienced ILS executive Kyle Freeman to its team.

Twelve Capital Management, the Zurich-headquartered catastrophe bond, insurance-linked securities (ILS) and reinsurance linked investment fund manager, has announced some organisation changes as it positions itself for future growth.

Eclipse Re Ltd., the Horseshoe managed private syndicated collateralised reinsurance note, private catastrophe bond issuance and reinsurance transformer platform, has issued four more private cat bond series of notes, together totalling $277 million, which now take private cat bond issuance above $1 billion so far in 2021.

Lockton Re’s non-Marine retrocession and property specialty reinsurance broking division has expanded in recent days with the joining of former CATCo CUO Simon Moore and Aon broker James Boon.

Assets under management at American International Group’s (AIG) insurance-linked securities and collateralized reinsurance dedicated ILS investment manager entity, AlphaCat Managers, have fallen to $3.5 billion by the end of the third-quarter, with some effects from the quarters catastrophes clear in its reporting.

Paul Gregory, the Group Chief Underwriting Officer of specialty insurance and reinsurance group Lancashire Holdings, is stepping in to become interim CEO of the firms Lancashire Capital Management unit, as Darren Redhead will depart the firm in 2022.

Specialty insurance and reinsurance group Lancashire Holdings reported that its property and casualty reinsurance book grew by 85% across the first nine-months of 2021, as the company deployed more capital and took advantage of a stronger rate environment.