equity

With just weeks left until the end of the year, it remains to be seen exactly how much private equity (PE) is raised and what impact this will have at the upcoming renewals, but the current environment suggests we might see some decoupling between traditional reinsurance and insurance-linked securities (ILS) structures.

The options available to investors seeking to access non-correlated returns by investing in insurance and reinsurance linked asset classes which are correlated to catastrophe events and not to the wider financial markets are growing. As different types of reinsurance vehicles emerge and new ways to structure and trigger insurance-linked securities and catastrophe bonds are found, […]

Scor has sought additional natural catastrophe cover from the capital markets through an innovative contingent capital transaction with UBS. The deal will provide Scor with an additional €150m of coverage for natural catastrophe risks. The facility will issue shares when Scor’s aggregated natural catastrophe losses cross a certain pre-determined threshold. Full press release below.