ILS funds, insurance linked securities funds

Articles discussing insurance linked securities funds, ILS funds, ILS fund managers, insurance linked funds, reinsurance linked funds and other insurance or reinsurance linked investment initiatives.


Demand surge said a factor in typhoon Hagibis claims, may elevate industry toll

Reports from and sources in Japan suggest demand surge is set to be an issue with claims from typhoon Hagibis, as a lack of claims professionals, assessors and loss adjusters has been noted to be slowing the process of insurance claims filing and is expected to inflate claims amounts.The fact read the full article →

Travelers recovered $101m under aggregate reinsurance treaty in Q4 2019

Travelers, the U.S. primary insurance giant, made $101 million of reinsurance recoveries under its aggregate catastrophe treaty in 2019, as its losses surpassed the attachment point for this layer of its program in the fourth quarter of the year.Travelers added this $500 million aggregate property catastrophe excess of loss treaty read the full article →

ILS NYC 2020: Two weeks today! Tickets now running low

There are now over 330 attendees already registered for our upcoming insurance-linked securities (ILS) conference in New York on February 7th. Tickets are now becoming limited for ILS NYC 2020 so please register soon.There is still space left and tickets available. However, we urge you not to leave it too read the full article →

IAG’s main cat reinsurance program triggered by hailstorm losses

Australian primary insurance giant IAG is set to make a claim under its calendar year 2020 main catastrophe reinsurance program that provides it with per-occurrence protection for the recent hailstorm events, signalling that the gross loss impact to this one insurer will surpass A$250 million.As of the latest update, the read the full article →

Transverse acquires ASLIC to expand fronting to non-admitted programs

Transverse Insurance Group, a program and fronting carrier that wants to help facilitate access to risk for insurance-linked securities (ILS) funds and investors, has acquired a second insurance carrier specifically to enable its expansion to front for non-admitted programs.Transverse has an agnostic view as to where capital to back its read the full article →

Significant catastrophe bond issuance expected in 2020: Aon

Significant issuance of property catastrophe bonds is expected in 2020, with a large amount of maturities likely to drive renewal issues, according to broker Aon.In its latest reinsurance market report, Aon explains that loss activity over the last few years "had a relatively modest impact on this area of the read the full article →

Travelers aggregate catastrophe reinsurance renews at stricter terms

U.S. primary insurer Travelers has renewed some of its core catastrophe reinsurance treaties at the January 2020 renewals and its aggregate coverage has changed significantly, with the insurer set to retain a far greater share of its losses this year.Travelers added a brand new $500 million aggregate property catastrophe excess read the full article →

Nephila a reinsurer to Boost-backed cyber risk insurtech Cowbell

Nephila Capital, the largest manager of mainly catastrophe and weather insurance linked securities and reinsurance linked assets, has lined up as one of the reinsurers supporting a technology-led cyber insurance company named Cowbell Cyber, signalling a step in the direction of specialty lines underwriting.Cowbell Cyber is an insurtech that leverages read the full article →

Japanese cat bonds trade up as Jebi & Hagibis loss outlooks improve

Three tranches of catastrophe bonds exposed to Japanese typhoon wind damage have traded up around 10% in recent weeks, as the market's view of how large the eventual industry losses from typhoon Jebi and Hagibis will be has moderated somewhat.Both tranches of the $320 million Akibare Re Ltd. (Series 2018-1) read the full article →

Australian hail industry losses jump another 26% to A$514m

Insurance and perhaps reinsurance industry losses from the recent severe hail storm outbreaks across southeastern Australia have risen again, jumping another 26% to hit A$514 million (around US $355m) in the last day.The Insurance Council of Australia (ICA) has warned to expect this total to continue to rise over the read the full article →