ILW news

Tremor Technologies, the insurtech company that offers a technology-based programmatic insurance and reinsurance risk transfer marketplace, is set to make its marketplace available for every major hurricane threat, with live cat auctions set to be run by the insurtech, including today for hurricane Sally.

Aon’s Reinsurance Solutions division has announced the hire of Stephen Pett in Bermuda, who joins the broker from his most recent position with insurance-linked securities (ILS) fund manager Nephila Capital.

Tullett Prebon has successfully completed another issuance through its Insurance Linked Notes (ILN) platform, with a $10 million U.S. wind industry loss instrument arranged, securitised and issued to investors.

While hurricane Laura was intensifying rapidly on its path towards the Gulf Coast, insurtech firm Tremor Technologies ran a series of industry loss warranty (ILW) auctions, but no trades were made as the market assumed the loss would not be significant enough to warrant the added coverage.

Just an hour ago, we published a piece asking why acquiring hedging capacity when a major hurricane threat is in the water isn’t easier and as if by magic it transpires that insurtech Tremor Technologies will run a series of industry loss warranty (ILW) auctions this afternoon, U.S. time, which gets much closer to meeting […]

Purchasing of retrocessional reinsurance coverage in industry-loss warranty (ILW) form was seen to show a “material increase” around the mid-year renewal season, according to broker Aon.

More predictable and transparent insurance-linked securities (ILS) structures, offering less ambiguous coverage, may be the immediate winners after the Covid-19 pandemic crisis, with catastrophe bonds and industry loss warranty (ILW) contracts an area set to receive increasing investor focus, according to S&P.

We can’t speak for every reinsurance broking team that puts out a regular sheet of pricing indications for industry-loss warranty (ILW) protection, but many of the ones we’ve seen in the last couple of weeks (which include some of the bigger players) haven’t updated their price indications for Florida wind ILW’s since as far back […]

We have another new addition to our Artemis Live series of video interviews with leaders of the insurance-linked securities (ILS) and reinsurance markets this week, featuring Sean Bourgeois, Founder & CEO of technology-based programmatic insurance and reinsurance risk transfer marketplace provider Tremor Technologies Inc.

Some reinsurance firms and also a number of insurance-linked securities (ILS) funds have been holding back capacity in the hopes of finding a less competitive and even more profitable market opportunity after the main mid-year renewals are over, as cedents are expected to need additional top-up and hedging capacity.