Reinsurance linked investment

As the world digests the ramifications of the UK’s Brexit vote to leave the European Union, the equity analysts are assessing the potential impact to the insurance and reinsurance sector, particularly in the UK and Europe.

Here are the ten most popular news articles, week ending 26th June 2016, 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.

So, overnight the United Kingdom population has voted in favour of leaving the European Union, in what is to many a surprising result that presents a number of potential issues for the insurance-linked securities (ILS) market to consider.

The board of the Blue Capital Global Reinsurance Fund, the London and Bermuda stock exchange listed reinsurance linked investment fund, has engaged Jefferies to effect share buy-backs that are accretive to net asset value on behalf of the company.

The combination of technical pricing discipline and a continued trend of increasing demand for reinsurance capacity, helped moderate price declines and stabilise the market at renewals, according to insurance and reinsurance linked asset manager Blue Capital.

Increasingly, growth in the ILS sector has come from private transactions that closely resemble traditional reinsurance business, such as collateralised reinsurance, but these contracts and structures can be more difficult to value.

Nephila Syndicate 2357, the first Lloyd’s of London syndicate backed by an insurance-linked securities (ILS) manager, was among the top performers of all Lloyd’s syndicates in 2015, according to ratings agency Standard & Poor’s (S&P).

Here are the ten most popular news articles, week ending 19th June 2016, 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.

Analysts at Bernstein have highlighted continued pressures in the global reinsurance marketplace, noting recent divestment in the sector by Warren Buffett. However, as evidenced by the continued influx of ILS capacity in the reinsurance space, just because it’s not right for Buffett doesn’t mean it’s not a desirable asset.

Bermuda-headquartered insurance and reinsurance linked securities (ILS) management, servicing, transformation and fronting specialist Horseshoe Group, is adding fund administration to create a full-service offering, with the acquisition of IKONIC Fund Services.