protected cell company


$70m Asagao parametric JP quake cat bond issued by Aon’s White Rock

A $70 million parametric Japanese earthquake private insurance-linked securities (ILS) transaction has been issued using Aon Insurance Managers segregated accounts company White Rock.This Asagao transaction has been issued by the Aon owned and operated Bermuda domiciled Class 3 and Class C insurer and segregated accounts company White Rock Insurance (SAC) read the full article →

Guernsey wants to be at forefront of ILS innovation

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.Case in point the 30-day ILS collateral read the full article →

All-in-one re/insurer & ILS fund structure launched in Guernsey

Guernsey has launched a new hybrid insurance-linked securities (ILS) vehicle, an all-in-one structure that can act as both re/insurer and ILS fund, which aims to make ILS fund managers operational lives easier.The "world's first" hybrid ILS vehicle will add "increased simplicity and efficiency for ILS fund managers," according to Carey read the full article →

Aon’s White Rock protected cell facility adds seventh domicile with D.C.

Insurance and reinsurance broker Aon has further expanded the reach of the protected cell facilities it offers through Aon Insurance Managers under the White Rock Group branding, adding the District of Columbia, U.S. as a seventh domicile location for the vehicle.Aon Insurance Managers has been steadily growing the usage of read the full article →

Guernsey sees growth in number of ILS structures in 2018

Insurance-linked securities (ILS) and collateralised reinsurance activity in the island domicile of Guernsey has accelerated in 2018, with more than double the number of ILS structures established in 2018 so far compared to the whole of last year.Guernsey has seen close to 200 ILS structures established on the island in read the full article →

Guernsey targets “true convergence” via all in one ILS structure

As the insurance-linked securities (ILS) market continues to expand the need for new structures and increased efficiency is growing across the sector, a trend that has seen the island domicile of Guernsey push for the development of a more transparent vehicle for investors that supports “true convergence” in ILS.Artemis discussed read the full article →

Aon’s White Rock protected cell facility continues to experience growth

Insurance and reinsurance broker Aon's protected cell facilities under the White Rock Group brand continue to experience growth in terms of clients and cells established, with insurance-linked securities (ILS) and collateralised reinsurance a key driver.Aon's White Rock Group, which was the first protected cell facility to emerge and gain significant read the full article →

Guernsey targets all in one ILS vehicle, as activity ramps up

The island domicile of Guernsey has experienced higher insurance-linked securities (ILS) and collateralised reinsurance activity in 2018 so far, compared to the prior year, as use of its protected cell company (PCC) structure continued to increase and now aims to innovate to drive further market growth.The island has experienced a read the full article →

RFIB owner rebrands, sees insurtech & ILS opportunity, adds Guernsey PCC

The owner of private equity backed international insurance and reinsurance broker RFIB Group Ltd. is rebranding to Risk Transfer Group (RTG), as part of a strategy to double revenues in three years, to include setting up a Guernsey protected cell company (PCC) and recognising that combining InsurTech and the capital read the full article →

Gibraltar to allow PCC’s to write third-party business

Gibraltar will make it easier for licensed Protected Cell Companies (PCC's) to underwrite third-party insurance and reinsurance business, after the regulator has relaxed its view and will now treat applications to do so on a case-by-case basis.Gibraltar has had protected cell company legislation since 2001, seeing activity in the captives read the full article →