ILS funds news, insurance linked securities or ILS fund news

Randall & Quilter (R&Q) Investment Holdings, the specialist non-life insurance and reinsurance legacy investor and program manager, is continuing to explore the potential for third-party capital to assist it on undertaking larger legacy transactions.

Hurricane Dorian has begun to weaken somewhat as it lashes the North Carolina coast, with flooding from storm surge and rainfall reported in some areas, as well as wind damage. The storm is now expected to sustain its hurricane force winds right up into eastern Canada and the surrounding region.

Global reinsurance firm Swiss Re is re-organising its insurance-linked securities (ILS) and retrocessional capabilities, merging ILS and retro teams within one new unit named Alternative Capital Partners (ACP).

While capital inflows have begun again in the insurance-linked securities (ILS) sector, the fact that they took a pause and ILS capacity retreated slightly before this shows that the ILS market has become more selective, according to Fitch Ratings.

Hurricane Dorian’s category 5 winds and devastating storm surge are expected to result in combined insurance and economic costs of at least $7 billion, according to an estimate from Karen Clark & Company.

Rate firming across insurance and reinsurance markets could persist for the “next three to four years” the CEO of Convex Group told the Financial Times.

Insurance-linked securities (ILS) asset manager Merion Square Capital LLC has announced the hiring of Jeff Fraser as its new Head of Analytics.

Hurricane Dorian remains a dangerous storm offshore of the southeastern United States, but it has weakened very slightly back to Category 2 status although still poses a dangerous threat to the Carolinas where a landfall remains possible.

The use of informal data sources as inputs to industry loss warranty (ILW) triggers can cause issues related to collateral such as its trapping and produce additional basis risk, according to Property Claim Services (PCS).

Tremor Technologies, Inc., the programmatic insurance and reinsurance risk transfer marketplace provider, has announced a fundraise of new investment capital totalling $10 million, featuring backing from well-known traditional and ILS industry names.