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.
International specialty insurance and reinsurance group Chaucer plc, part of the China Re group of companies, has formally entered the Vesttoo bankruptcy case, filing its appearance soon after having registered a $257 million claim under the court process.
Read the full article
French reinsurance company CCR Re has announced a sixth renewal of its long-standing collateralised and securitised reinsurance sidecar vehicle, 157 Re, giving away little in detail again, but saying that the retrocession market was seen as continuing to be “tight” this year.
Read the full article
Today, we are announcing a fourth wave of expert speakers who will join us at our next insurance-linked securities (ILS) conference. ILS NYC 2024 will be held in New York City on February 9th 2024, with hundreds of attendees from the ILS community set to come together for a day of thought-leadership, discussion and valuable […]
Read the full article
Registrations of new vehicles for catastrophe bond and insurance-linked securities (ILS) purposes have once again dominated the statistics on registrations of new insurance and reinsurance entities in Bermuda for 2023.
Read the full article
Twelve Capital, the Zurich headquartered insurance-linked securities (ILS) and reinsurance investment manager, is forecasting “a longer-lasting heightened pricing environment”, or so-called hard insurance market cycle, with discipline one factor that can help sustain this.
Read the full article
The Committee of Unsecured Creditors in the Chapter 11 bankruptcy case of insurtech Vesttoo have objected to broking group Aon being allowed multiple votes on the proposed plan of bankruptcy, while also saying claims from equity holders in certain Vesttoo structures should be denied votes completely.
Read the full article
Sasria, the state-owned insurer in South Africa that provides cover for riots, public disorder and other difficult to place risks, is facing a reinsurance market with diminishing appetite for exposure linked to power grid failure, which has led it to consider insurance-linked securities (ILS) such as catastrophe bonds.
Read the full article
There is now just one month left to register and get your ticket to attend our next insurance-linked securities (ILS) conference. ILS NYC 2024 will be held in New York City on February 9th 2024, with hundreds of attendees from the ILS community set to come together for a day of thought-leadership, discussion and valuable […]
Read the full article
Third-party capital in reinsurance, so alternative capital or insurance-linked securities (ILS) market capacity, was more than replenished in 2023, as lost capital was replaced and market growth accelerated to levels beyond expectations at the start of the year, rating agency AM Best has said.
Read the full article
Munich Re has now completed the placement of the second listed tranche of its Eden Re II Ltd. collateralized reinsurance sidecar for 2024, which lifts the reinsurers capital market investor-backed retrocessional protection from the structure to $150 million for this year.
Read the full article
