Swiss Re Insurance-Linked Fund Management

Original Risk: A Society for Change Agents



Florida Citizens board approves work towards next catastrophe bond

18th February 2013

As we wrote last Friday in this article on the subject, Florida’s Citizens Property Insurance plans to increase its spending on private market reinsurance and risk transfer in 2013, upping the amount of cover it will look to acquire by almost 17%. It has been expected that Citizens would look to the capital markets again […]

Read the full article

With latest Lakeside Re cat bond Zurich achieve broader investor support

21st January 2013

The Lakeside Re III Ltd. catastrophe bond which completed in December brought benefits to sponsoring insurance group Zurich beyond purely transferring risk to the capital markets. The $270m U.S. and Canada earthquake cat bond provides Zurich with a multi-year source of collateralized reinsurance indemnification on an annual aggregate basis. It is Zurich’s third cat bond in […]

Read the full article

Insight into the insurance-linked securities (ILS) investor base and how it has changed over time

11th October 2012

The investor landscape within the insurance-linked securities and catastrophe bond market has changed over the relatively short period that the market has been in operation. These days it’s the dedicated ILS and cat bond specialist investment managers and their funds which dominate the space, accounting for almost 60% of investor capacity now, compared to as […]

Read the full article

Everglades Re added 30 new participants to Florida Citizens reinsurance program

19th September 2012

From a sponsors perspective, be that an insurer, reinsurer or perhaps even a corporate sponsor, there are many beneficial features to the catastrophe bond. They can be structured to closely complement existing sources of reinsurance or retrocessional cover, they can provide capacity where it perhaps was not available through the traditional reinsurance markets and they […]

Read the full article

Non-specialist investors increasing allocations to insurance-linked securities (ILS): A.M. Best

14th August 2012

Participation in the insurance-linked security (ILS) and catastrophe bond markets is on the increase from a segment of the investment world which rating agency A.M. Best terms ‘non-specialist investors’. These large, institutional and capital market investors, include entities such as pension funds and mutual funds and they have been steadily increasing allocations to the ILS […]

Read the full article