Swiss Re Insurance-Linked Fund Management

PCS - Emerging Risks, New Opportunities



SEC approves general solicitation for funds and Rule 144A securities

11th July 2013

Yesterday, the U.S. Securities and Exchange Commission (SEC) enacted a rule as part of the Jumpstart Our Business Startups Act, or JOBS Act, which lifts the ban on general solicitation and marketing for investment funds and Rule 144A securities offerings. The change means that these once private offerings can now be broadly marketed as long […]

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ILS and cat bond issuers may escape commodity pool designation

13th December 2012

Back in October we wrote about an issue that had arisen which could affect issuers of catastrophe bonds and insurance-linked securities due to changing regulation in U.S. financial markets. Under the Dodd-Frank Act the definition of a ‘commodity pool’ was being expanded to include any entity which operates to trade in swaps. At the same […]

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Capital market capacity could slow the return of a hard market

28th February 2012

Property catastrophe rates and reinsurance prices have been rising, particularly in loss affected lines of business, however despite the heavy catastrophe losses of 2011 we’re not really seeing the hard market that many predicted. In a recent post on the Willis Group blog Bill Dubinsky of Willis Capital Markets & Advisory raises an interesting point; […]

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Shrinking life reinsurance market to stimulate risk transfer

8th September 2011

A new report published by ratings agency Standard & Poor’s suggests that the traditional life reinsurance market has been shrinking since 2003 and now participants in this market are seeking new, non-traditional ways to stimulate growth. Another trend which is leading S&P to suggest that non-traditional risk transfer could see growth in the life reinsurance […]

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