insurance securitization

A new firm, named Vario Partners, is launching to advise on and facilitate the bringing together of portfolios of insurance risk and the capital markets through securitisation (ILS), with three founding employees all hailing from PwC backgrounds.

Last year investment bank Goldman Sachs highlighted alternative capital in reinsurance as a key disruptive theme to watch in business today. This year banking and investments giant Citi Group has highlighted insurance securitization as an important disruptive innovation.

Back in October we wrote about an issue that had arisen which could affect issuers of catastrophe bonds and insurance-linked securities due to changing regulation in U.S. financial markets. Under the Dodd-Frank Act the definition of a ‘commodity pool’ was being expanded to include any entity which operates to trade in swaps. At the same […]

Once again the changing regulatory environment under Dodd-Frank brings some uncertainty to the insurance-linked securities (ILS) market. The latest stems from the Dodd-Frank Act’s expansion of the definition of a ‘commodity pool’ which can now be read to include any entity which operates to trade in swaps. At the same time the definition of a […]

Swiss based boutique finance and investment house with a focus on insurance and risk linked securitization Secquaero Advisors Ltd. has been featured in a number of articles in the German press in the last week or so. The articles demonstrate the increasing interest in insurance-linked securities and catastrophe bond investment opportunities around the world, as […]

Opinions on the type of growth we can expect to see in the catastrophe bond market seem to be converging on a figure of $15 billion of outstanding cat bonds within the next five years. Currently the cat bond market has about $11 billion of outstanding transactions but market participants are predicting growth and hoping […]

The Bermuda Stock Exchange (BSX) have issued a press release announcing that they now play host to over $2 billion worth of insurance-linked securities and catastrophe bonds. The value of ILS listed on the BSX has doubled since July 2010 and this is the first time that the value of ILS listed on the island […]

An open letter from the American Securitization Forum (ASF) to the U.S. government agencies concerned with the regulation of financial markets and the creation of the Dodd-Frank reforms requests that any new credit risk retention regulations should take into account the needs of niche securitization sectors. One of those niche securitization sectors mentioned in the […]

The Tennessee legislative and Governor Bill Haslem have implemented and signed into law a new bill designed to make the state a more attractive place for captive insurer formation. Amongst various changes to the way captives are governed in Tennessee of most interest to us is the introduction of a new class of captive insurer […]

Non-traditional securitized assets have been growing in popularity and receiving increasing levels of interest from investors and issuers alike. The solid performance demonstrated during the recent downturn and continuing attractive bond yields should help to keep investor interest strong in non-traditional U.S. asset securitizations through 2011 according to a report from Standard & Poor’s.