ILS funds news, insurance linked securities or ILS fund news

RenaissanceRe’s fee income earned from third-party capital management activities, joint-ventures, managed ILS funds and other structured reinsurance backed by capital from investors rose to $90 million for 2018.

The capital resilience of carriers and reinsurance appetite of third-party investors is being tested by the muted renewal pricing response to two years of elevated losses, according to broker JLT Re.

Specialist insurance and reinsurance linked investment manager Leadenhall Capital Partners has completed another financing of a start-up insurer that it hopes will secure it with access to attractive accident & health risks for its life portfolio.

Direct incurred insured losses reported to the local authority after the recent Camp and Woolsey wildfires in California have risen 25% to hit $11.4 billion, according to the state Insurance Commissioner.

Lines are blurring in the insurance-linked securities (ILS) market as matching the right product structure and capital to a ceding companies needs becomes ever more important, but as the market continues to grow Willis Towers Watson Securities (WTWS) notes that transparency remains key.

Hiscox Re ILS deployed capacity into the recent renewal of the Philippines sovereign parametric disaster insurance facility, adding to the amount of third-party capital now backing this risk transfer program.

The CEO of insurance giant Zurich hopes that 2019 will see a more balanced marketplace, in terms of capitalisation, resulting in less inflows of new capacity that could dampen pricing.

The much-discussed slowdown in insurance-linked securities (ILS) capital and collateralized reinsurance or retrocession capacity growth of recent months is expected to be merely a temporary blip, according to some of the rating agencies.

U.S. primary insurer Travelers would have benefited from a full recovery under its new $500 million aggregate reinsurance treaty in each of the last two years, has the coverage been in place.

Property Claim Services (PCS) is set to expand its range of industry loss data aggregation and index reporting services to include non-marine catastrophe losses in Japan, in response to demand from its client base. PCS provides estimates on catastrophe losses in a number of regions around the world, as well as specialty lines loss aggregation […]