Swiss Re Insurance-Linked Fund Management

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systemic risk


IAIS classes ILS and cat bonds as traditional insurance activities

19th July 2013

The International Association of Insurance Supervisors (IAIS) has published its assessment methodology and policy measures for global systemically important insurers, or G-SIIs. As we wrote previously, there had been some uncertainty about how insurance-linked securities and catastrophe bonds would be treated, but this has now been clarified.

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Greenlight Re results show hedge fund reinsurer investment-side risk

20th February 2013

Once again, the investment-side risk that comes with the hedge fund backed reinsurer strategy becomes apparent in a hedge fund reinsurance firms results announcement. This time it’s Greenlight Re, the Cayman Islands domiciled reinsurer backed by hedge fund manager David Einhorn, which has been hit by investment losses. The last time we wrote about Greenlight […]

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Global insurers pose less systemic risk than global banks

11th December 2012

The international insurance and reinsurance think-tank The Geneva Association has been one of the more vocal organisations on the topic of systemic riskiness of global insurers and reinsurers. Back in August they voiced concerns about the International Association of Insurance Supervisors (IAIS) work to identify ‘globally systemically important insurers’ saying that when assessing systemic risk […]

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EIOPA: ‘Shadow insurance’ needs to be examined

23rd October 2012

There were some more interesting comments made at the Baden Baden kick-off event held by Guy Carpenter on Sunday. The event featured a number of key industry figures discussing volatility as a concept affecting reinsurers and whether volatility should be looked on as a threat or an opportunity. One of the participants was Carlos Montalvo, […]

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IAIS proposes policy measures for globally systemically important insurers

18th October 2012

Our regular readers will be aware that we’ve been following the work of the International Association of Insurance Supervisors (IAIS) which has been looking at ways to identify and manage what they term G-SII’s or Globally Systemically Important Insurers. By insurer you can also read reinsurer and any entities involved in re/insurance type business. Of […]

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Hedge fund backed reinsurers investment assets pose a risk: Fitch Ratings

12th September 2012

In an article published by Fitch Ratings their director of insurance Martyn Street says that hedge fund backed reinsurers may find achieving their goals, of “using stable premium flows in lower-risk underwriting business to support higher returns on the companies’ asset portfolios” a challenge. As simple as the hedge fund reinsurer business model sounds, there […]

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