reinsurance

Today, we are announcing a fourth wave of expert speakers who will join us at our next insurance-linked securities (ILS) conference. ILS NYC 2024 will be held in New York City on February 9th 2024, with hundreds of attendees from the ILS community set to come together for a day of thought-leadership, discussion and valuable […]

Lawmakers are being presented with a new bill that proposes the creation of a catastrophe reinsurance program to help insurers provide more coverage in exposed and loss challenged areas, with catastrophe bonds also highlighted as a potential way to underpin the facility.

US primary insurer Allstate has for a second time raised the target size for its latest catastrophe bond, now aiming to double the Sanders Re III Ltd. (Series 2024-1) issuance from the initial $200 million goal, to source $400 million in reinsurance from the capital markets with this deal.

This video features a keynote speech and Q&A with Jorge Familiar, Vice President and Treasurer, of the World Bank Group from our Artemis London 2023 conference, that was held in London on September 5th 2023.

Moody’s RMS has estimated the insurance market loss from the January 1st M7.5 earthquake that hit near the Noto peninsula in Ishikawa prefecture, Japan, at between US $3 billion and $6 billion.

Registrations of new vehicles for catastrophe bond and insurance-linked securities (ILS) purposes have once again dominated the statistics on registrations of new insurance and reinsurance entities in Bermuda for 2023.

Tangency Capital Ltd., an insurance-linked securities (ILS) investment fund manager with a strategy focused on allocating capital to quota share reinsurance business, experienced strong growth in 2023, starting the new year with roughly $1.4 billion of assets under management.

Catastrophe bond funds in the UCITS format experienced significant growth in assets under management in the final quarter of 2023, growing by 10.5% that period, to end the year with almost $11 billion of assets across this group of cat bond funds.

Tower Hill Insurance Exchange, a Florida homeowners and commercial property insurance underwriter, has entered the catastrophe bond market with its debut transaction, seeking $200 million or more in Florida named storm reinsurance from this Winston Re Ltd. (Series 2024-1) issuance.

Having begun reporting reinsurance recoveries from some of its Kilimanjaro Re catastrophe bonds, triggered by industry losses from hurricane Ian, global re/insurer Everest has now extended the maturity of one of the exposed layers of notes, to ensure the coverage remains available in case of any continued development.