Monte Carlo Rendezvous


ILS won’t reach full potential with one-way bet vs climate change: Vesttoo’s Kirwan

For the insurance-linked securities (ILS) market to reach its full-potential, expansion through the provision of new lines of risk to a growing investor-base are key, while a one-way bet versus climate change won't deliver the growth the sector deserves, according to Vesttoo's Brian Kirwan. The ILS market has opportunities for growth read the full article →

More (cat) bonds and breadth: Millette, Hudson Structured

Catastrophe bonds have been "the most successful of the children of Andrew," and because of their greater contract certainty and performance, Michael Millette, Founder and Managing Partner of Hudson Structured Capital Management, expects more of ILS capital to shift into the bonds segment of the market. Millette sees growth opportunity and read the full article →

Institutional familiarity, correlation story, rates to drive ILS growth: Ruoff, Schroders

Three factors are set to continue to drive the growth of the insurance-linked securities (ILS) market, the increasing institutional familiarity with the product, the correlation story continuing to be proved out and the best reinsurance market conditions in years, according to Stephan Ruoff, Schroders Capital's Head of ILS. Ruoff spoke with read the full article →

More remote ILS structures to see significant growth: Stahel, LGT ILS Partners

While some in the insurance-linked securities (ILS) market are targeting higher risk and return opportunities, or an expansion into non-catastrophe lines of business, Michael Stahel of LGT ILS Partners believes now is the time to double-down on more remote layers of natural catastrophe risk, where the insurance and reinsurance industry read the full article →

Swiss Re would love to develop cyber ILS market: Group CUO Léger

Speaking in Monte Carlo today, senior executives of Swiss Re discussed the cyber reinsurance market and said while they are cautious and currently don't see it suiting the capital markets appetite right now, they are working on ways to develop cyber risk transfer options that could be transferred to ILS read the full article →

Vantage addressing investors tail risk and trapped collateral challenges: McKeown

In working with third-party capital investors, Vantage Risk Ltd., the almost two year's old Bermuda headquartered insurance and reinsurance company, sees it as important to help mitigate challenges investors have faced with traditional ILS products. Vantage launched with a focus on third-party, or alternative capital, with senior leaders joining the firm read the full article →

‘Voyeur’ investors to enter alternative capital space in 2023: Lockton Re

Leaders at Lockton Re, the reinsurance arm of the global broker, have said they are expecting additional third party capital players to enter the space next year, who may have been watching the market develop from the sidelines in recent years. Robert Bisset, Chairman of Global Retrocession and Property Specialty, Bermuda read the full article →

Overall, the ILS market will continue to grow: Hannover Re

After a banner year for its insurance-linked securities (ILS) business in 2021, large European reinsurer Hannover Re says that market volumes in 2022 appear to be holding steady as the firm forecasts market growth going forwards. Speaking during a press briefing at this year’s RVS in Monte Carlo, executives from Hannover read the full article →

We’ll get a cyber deal done in 2023: Schultz, Aon Securities

The first more public cyber insurance-linked securities (ILS), or cyber catastrophe bond deal cannot be far away, panellists concluded at an ILS roundtable hosted by global reinsurance firm Munich Re in Monte Carlo this morning. Paul Schultz, the CEO of Aon Securities, the capital markets arm of the insurance and reinsurance read the full article →

Swiss Re targets both sidecar & ILS fund growth: Rüede

Global reinsurance firm Swiss Re has continued to expand its activities in insurance-linked securities (ILS) over the last year and Philipp Rüede, Head of Swiss Re’s Alternative Capital Partners (ACP) unit, explained to us that with now multiple access points available to investors, the company hopes to grow all its read the full article →