Reinsurance linked investment

AXA XL ILS Capital Management, the alternative reinsurance capital and insurance-linked securities (ILS) management division of AXA XL, the commercial insurance and reinsurance unit of the AXA Group, is continuing to innovate as it looks to bring returns from across risk classes to investors through aligned structures.

Catastrophe bond maturities are a significant source of liquidity and cash for the market, which is typically reinvested into new cat bond issues and as such the schedule of upcoming cat bond maturities is a key indicator for sponsors and broker-dealers, as well as cat bond investment fund managers.

CatX, a digital catastrophe and parametric risk exchange start-up, has announced an important hire for the company, bringing onboard experienced London-based reinsurance and retrocession broker Jon Wood to become the firm’s first Head of Origination.

With one day until our catastrophe bond and insurance-linked securities (ILS) market conference in London on Tuesday September 3rd, this is your last chance to register. A handful of tickets are left for Artemis London 2024, so please register now if you want to join us.

Here are the ten most popular news articles, week ending September 1st 2024, 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.

The surge in catastrophe bond market issuance and resulting insurance-linked securities (ILS) market growth over the last year, came at the right time for the insurance and reinsurance market, meeting their needs for risk transfer, according to Richard Pennay of Aon Securities.

Howden Capital Markets & Advisory (HCMA), the insurance and reinsurance broker’s capital markets and insurance-linked securities (ILS) specialist unit, has appointed Des Potter as an Independent Non-Executive Director for its UK business.

Artemis has partnered with Wilmington Trust to host a live insurance-linked securities (ILS) focused webinar on October 31st 2024, in which our industry expert speakers will explore the state of the catastrophe bond and broader ILS market, as well as the outlook for 2025.

Markel Group continued to benefit from returns of value due to favourable loss development on the CATCo retrocessional reinsurance portfolio in the second-quarter of 2024, taking the total for the first-half to $24.1 million.

Back on July 10th we reported on a new $45.5 million Randolph Re (Series 2024-1) private catastrophe bond that appeared to be a renewal of a wildfire transaction for Mercury Insurance and for the first time Aon had used its Guernsey based protected cell company White Rock Insurance Company PCC Limited for the issuance.