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.


Lloyd’s new LB2 ILS structure brings flexibility the market wants

The announcement today of a new insurance-linked securities (ILS) structure for the Lloyd's of London insurance and reinsurance market brings much greater flexibility to the way Lloyd's participants can access the capital markets and investors access risk from underwriters in the market. The news was broken by the Financial Times overnight, read the full article →

Hiscox ILS gets net inflows of $561m, taking AuM to $1.9bn

Hiscox ILS, the insurance-linked securities (ILS) and collateralised reinsurance underwriting and investment management unit of the Hiscox Group, had significant fund-raising success through the second-quarter of the year, lifting its ILS assets under management to $1.9 billion. As we had previously reported, Hiscox ILS had raised up to $200 million for read the full article →

Lloyd’s to announce significant London Bridge 2 ILS expansion plan

Lloyd's of London will today announce a significant expansion of its London Bridge insurance-linked securities (ILS) platform, with a plan to welcome more capital, new types of reinsurance transactions and make the transfer of different kinds of risks to capital market investors simpler. Dubbed London Bridge 2, according to the Financial read the full article →

Artemis London: Speakers from Twelve, Lloyd’s, Securis, Albourne, McGill

There's still time to secure a ticket for Artemis London 2022, our first insurance-linked securities (ILS) conference in the City, which is being held on September 6th 2022, just before the industry heads to Monaco for the RVS. For our first Artemis London event, we are adopting a dual-themed approach to read the full article →

Brit delivers more income to third-party capital as premiums rise

Specialty insurance and reinsurance player Brit Ltd. reported delivering more income to its third-party capital partners and investors in its ILS-style reinsurance structures through the first-half of the year in 2022. Brit’s main third-party reinsurance capital vehicle sits under the Sussex Capital branded insurance-linked securities (ILS) fund type operations now, as read the full article →

Cat hardening to continue even if hurricane season is kind: Lancashire CEO

Hardening of property catastrophe reinsurance rates is expected to continue through this year and into 2023, according to Alex Maloney, CEO of specialty insurance and reinsurance group Lancashire Holdings. Maloney is the latest senior executive in the industry to suggest that reinsurance renewals in 2023 will see catastrophe reinsurance lines of read the full article →

Lancashire expands, adds Gressier as NED, third-party capital contribution dips

Specialty insurance and reinsurance group Lancashire Holdings continued to grow into the firming marketplace during the first-half of 2022 and delivered strong underwriting results across the business, although its third-party capital management underwriting fees and profit commission declined. Lancashire has been growing strongly and through the first-half of 2022 added 34.6% read the full article →

Artemis London conference: Some of our expert speakers

Tickets are still available for Artemis London 2022, our first insurance-linked securities (ILS) conference in the City, which we're holding on September 6th 2022, just before the industry heads to Monaco for the RVS. For our first Artemis London event, we are adopting a dual-themed approach to meet the needs of read the full article →

Arch Capital’s Voussoir Re sidecar in another preferred share issuance

The Arch Capital Group sponsored collateralized reinsurance sidecar style special purpose insurance (SPI) vehicle Voussoir Re Ltd. has made another issuance of shares, the third so far that we've seen during 2022. Bermuda headquartered insurance and reinsurance specialist Arch Capital has been making steady use of Voussoir Re in recent years, read the full article →

K2 sees positive mid-year ILS dynamics, now “strongly overweight” retro

The mid-year reinsurance renewals and catastrophe bond activity saw positive developments in market dynamics according to hedge fund specialist manager K2 Advisors, which has also updated its view to “strongly overweight” for retrocession investments, in response to improved conditions. "Pricing was attractive to us across all ILS natural catastrophe risk tiers read the full article →