ILS funds news, insurance linked securities or ILS fund news

Catastrophe bond and ILS rates-on-line, as measured by a synthetic Index, declined by 7% in the third-quarter of 2019, falling back to levels seen at the beginning of the year, but at the same time ILS remains in hard market territory, the latest data from Lane Financial LLC shows.

The majority of institutional investors allocating to the insurance-linked securities (ILS) asset class are only expecting returns of up to 5%, confirming that for many, such as pension funds, ILS and reinsurance allocations are not an area where too much risk is being sought to add to portfolios

Tremor Technologies, Inc., the programmatic insurance and reinsurance risk transfer marketplace provider, has launched a Version 2.0 of its technology, with enhanced and more sophisticated quoting features, new analytics and broker tools to help them manage client relationships.

As expected, the mark-to-market impacts to catastrophe bond valuations right at the end of August caused by hurricane Dorian has driven the overall average return of insurance-linked securities (ILS), cat bond and collateralized reinsurance funds for August much lower.

Typhoon Hagibis has undergone another period of rapid intensification, having weakened slightly in the last day, but has now cleared out its eye once again and again become a strong Super typhoon as it tracks towards the Tokyo region of Japan.

Arch Capital Group, the Bermuda headquartered insurance and reinsurance specialist, has estimated that it will suffer between $65 million to as much as $75 million of losses from catastrophe events in the third-quarter, a level higher than analysts had expected to see.

HSCM Bermuda, the reinsurance investment management business arm of Hudson Structured Capital Management Ltd., has signed up Chris Harris, the former CEO of Bermuda reinsurance firm Montpelier Re, to its advisory board.

There’s always been a lot of discussion about just how much of their capital an institutional investor like a pension fund should allocate to an asset class like insurance-linked securities (ILS), but research from asset manager Schroders suggests that up to 5% remains the sweet spot.

Typhoon Hagibis has rapidly intensified over the last few hours in the Pacific and has now officially reached super typhoon status having intensified rapidly over the last 12 hours.

Markel CATCo Investment Management has begun returning capital to shareholding investors in its listed retrocessional reinsurance investment fund, with almost $16 million set to be returns by way of an interim dividend.