convergence

The convergence sector of the reinsurance market, where capital market money from investors is put to work in re/insurance transactions which are typically fully-collateralized, is primarily focused on writing high-yielding lines of business such as peak catastrophe risk. Some collateralized and convergence market players dabble in other segments of the market, such as energy or […]

Alternative reinsurance tools which enable transformation of risk to capital market interests should continue to gain market share, but will likely remain a niche product, within the global reinsurance market, said Swiss Re at their recent insurance-linked securities media event. They acknowledged at the event that the convergence of catastrophe bond and traditional reinsurance pricing […]

It looks like one of the hot topics of conversation at Monte Carlo this year is the convergence of the reinsurance and capital markets. That area we cover where non-traditional reinsurance alternatives such as collateralized vehicles, catastrophe bonds and insurance-linked securities, sidecars, third-party capital and direct investor participation in the reinsurance and retrocession markets are […]

This week see’s the global reinsurance industry meet up in Monte Carlo in the south of France for the annual Rendez-vous de September event. At this key industry meeting, executives from the world’s largest reinsurers and brokers meet with each other and with some clients to discuss industry trends and the outlook for reinsurance rates […]

It’s ratings agency report season as all three of the main agencies have published reports on the reinsurance sector in advance of the Monte Carlo Rendezvous next week. So please excuse the increased frequency of articles, but we feel it’s worth highlighting any relevant points. The latest report comes from Moody’s who say they are […]

The 1st July reinsurance renewals season saw subdued price changes as ample capital and capacity moderated pricing pressures through the second quarter of the year, says Guy Carpenter, the reinsurance brokers, latest quarterly reinsurance market report. Inflows of alternative and non-traditional reinsurance capital, from sources such as capital market investors and hedge funds have been […]

The insurers and reinsurers of this world are currently operating in a changing regulatory and legislative environment, with greater focus being placed on risk management, capital adequacy and risk capital requirements as rulemakers seek to ensure the industry is sufficiently shored up to cope with major events. The economic climate is increasing the focus on […]

Ratings agency Standard & Poor’s published a report on Monday this week providing some insight on the health of the global reinsurance industry. It says that their outlook on the sector remains stable as the multiple catastrophes faced this year fails to erode most reinsurers capital surplus. The report contains some interesting thoughts on reinsurers […]

We covered two interesting insights from Aon Benfield’s recently published ILS Second Quarter Update 2011 report last week when we wrote about the Aon Benfield ILS indices and the heightened interest in catastrophe bonds among Japanese insurers. A third insight from the report looks at the cat bond market in Europe and the potential for […]