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ILS fund news 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.


COVID & business interruption to elevate rated paper preference: RenRe CEO

The experience of the reinsurance market with COVID-19 and business interruption, as well as the expectation that uncertainty will persist over the eventual industry loss impact of the pandemic, will all combine to elevate the preference of cedents for rated paper, RenaissanceRe's CEO believes. Kevin O'Donnell, speaking during his firms third-quarter read the full article →

PCS designates hurricane Delta as first Mexico catastrophe event

Property Claim Services (PCS) has designated recent hurricane Delta's impacts on the Yucatan region as the first catastrophe event under its recently launched PCS Mexico industry loss data aggregation and index reporting services. PCS teamed up with Asociación Mexicana de Instituciones de Seguros (AMIS) to launch the PCS Mexico service just read the full article →

Nephila writing cat reinsurance a cleaner, more efficient option for Markel: Execs

Placing ILS fund manager Nephila Capital as the single point of entry to the property catastrophe reinsurance market for Markel Corporation is seen as a "cleaner option" for the company and also a way of generating operational efficiencies, Markel senior executives said yesterday. It was recently announced that Nephila Capital, the read the full article →

Hurricane Zeta may move aggregate cat bond prices: Plenum

The impacts and eventual insurance market losses from hurricane Zeta's landfall on the Louisiana Gulf Coast is not expected to result in any direct losses to catastrophe bonds, but may move the price on certain aggregate cat bonds, according to Plenum Investments. Zurich-headquartered catastrophe bond and insurance-linked securities (ILS) focused investment read the full article →

AXIS reports decline in third-party capital fee income & cessions

AXIS Capital, the Bermuda-based globally-active insurance and reinsurance company, has reported a decline in the level of fee income earned through the use of third-party and insurance-linked securities (ILS) capital for the third-quarter, some of which is likely down to catastrophe losses experienced and shared with its investors. At the same read the full article →

Hurricane Zeta’s Cat 2 landfall another attritional re/insurance event

Hurricane Zeta made landfall in Louisiana with 100 mph sustained winds yesterday evening, having intensified as it approached the Gulf Coast, against meteorologists earlier expectations. The hurricane, now the fifth major tropical storm to impact Louisiana in what has been a tiring year of weather for the state, had originally been read the full article →

Climate-change driven catastrophe frequency evident in Q3 results

Leaders in the insurance and reinsurance industry are acknowledging that the third-quarter of 2020 has seen a particularly high number of catastrophe and severe weather loss events, with some noting the influence of climate change. In reporting his firm's quarterly results yesterday, the CEO of Bermuda reinsurance firm RenaissanceRe pointed to read the full article →

R&Q creates third-party capital options, as R&Q Re registered as SAC

Randall & Quilter (R&Q) Investment Holdings, the specialist non-life insurance and reinsurance legacy investor and program manager, has registered its wholly owned Bermuda reinsurance subsidiary R&Q Re (Bermuda) Ltd. under as a segregated accounts company (SAC), opening up potential new avenues to third-party capital. R&Q has always made it clear that read the full article →

Hurricane Zeta strengthens on approach to Louisiana landfall later today

Hurricane Zeta is forecast to make landfall in Louisiana later today, Wednesday, and the hurricane is strengthening as it tracks towards the northern Gulf Coast, with sustained winds now reaching 100 mph and a chance of the storm sustaining Category 2 status through until it makes landfall. Hurricane Zeta has benefited read the full article →

Markel’s ILS revenues fall on lower fee income at Nephila

Evidence of third-quarter 2020 catastrophe loss impacts and trapped capital are seen in Markel Corporation's third-quarter 2020 results, as the company reported reduced revenues from its insurance-linked securities (ILS) operations, primarily due to a decline in management fee income at Nephila Capital for the period. Nephila Capital, the largest dedicated insurance-linked read the full article →