Insurance linked securities news, ILS news

Retrocessional reinsurance buyers have been out testing the market in recent weeks, looking to see what coverage can be purchased and at what price.

Public and private market efforts and collaboration to narrow or even close the insurance protection gap need to be accelerated and uptake of risk transfer needs to be extended, according to Chairman of AXA Denis Duverne.

The Florida reinsurance renewals at June 1st, while up in terms of rates, may actually have been closer to flat on a risk-adjusted basis, if you take into consideration the increases in modelled industry loss expectations in the state.

The Channel Island of Guernsey continues to push innovation for the insurance-linked securities (ILS) sector, as it seeks to provide new options that meet the needs of those seeking risk transfer, those managing the risks and the end-investors, by the enactment of flexible legislation.

Cayman Islands based reinsurance firm Oxbridge Re Ltd. has successfully placed a new series of notes from its collateralized reinsurance sidecar vehicle Oxbridge Re NS Ltd. as part of its 2019 reinsurance renewal.

You wouldn’t try to revolutionise an industry, a business model, or dramatically change its strategy, without including an element, participant, or driver that is one of the fastest growing parts of that industry, model or strategy. Would you?

The legislative bill designed to reform the assignment of benefits (AOB) system in Florida could benefit the catastrophe bond market, with loss development potentially rationalised thanks to reduced litigation and enhanced claims disclosure, lawyers at Cadwalader, Wickersham & Taft LLP explained.

Bermuda based specialist mortgage insurer Essent Guaranty has completed its third mortgage insurance-linked securities (ILS) issuance, with the successful placement and sale of notes for the $333.8 million Radnor Re 2019-2 Ltd. transaction.

Aberdeen Standard Investments intends to persist with insurance-linked securities (ILS) as a core diversifying asset class within its diversified funds despite experiencing losses after the last two years of catastrophe events.

Here are the ten most popular news articles, week ending 23rd June 2019, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish.