Third-party reinsurance capital news

AXA XL, the global specialty insurance and reinsurance unit of the AXA Group, has announced the hiring of experienced reinsurance and ILS executive Chris Caponigro as its new Head of Reinsurance Capital Management.

Artemis has learned that global reinsurance company Hannover Re is assessing its risk management need in relation to the K-Cessions quota share sidecar for the second year running and we’re told other major reinsurers may also pursue this approach, as companies manage their portfolios and are motivated to retain profitable risks.

The strategy of the Alternative Capital Partners (ACP) division of global reinsurance giant Swiss Re remains unchanged, according to its new Head Chris Minter, who told us the company continually reviews how it can expand its offering for investors.

In order to avoid disappointing investors and guarantee continued access to capital, the reinsurance and insurance-linked securities (ILS) industry needs to escape the market-cycle mindset and deal with the biggest threat it faces, which is inertia, according to Chris McKeown of Vantage Risk.

As the reinsurance and insurance-linked securities (ILS) market begins to look towards year-end issuance, renewals and into 2025, Chris Minter, the new Head of Swiss Re’s Alternative Capital Partners (ACP) division, told Artemis that one of the biggest challenges for ILS is the uncertainty and perception of the influence climate change may have on insured […]

At yesterday’s Artemis London 2024 conference speakers kicked off the busy reinsurance conferencing season, with a discussion of key issues that matter to insurance-linked securities (ILS) market participants as they head into events like the Monte Carlo Rendez-Vous and begin looking to end of year renewals.

Rating agency Moody’s has shifted its outlook on the global reinsurance sector to positive citing the improvement in risk/return dynamics in the market and saying it anticipates continued strong profitability if major losses remain absent, while also saying property reinsurance rates are expected to remain elevated.

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.

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.

With just a few days to go until our catastrophe bond and insurance-linked securities (ILS) market conference in London on Tuesday September 3rd, we wanted to give you a last look at who you can meet if you join us. Tickets for Artemis London 2024 are selling fast, so please register now if you want […]