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Non-traditional capital “cracked the moat” of Lloyd’s: Carnegie-Brown

Non-traditional capital, managed by insurance-linked securities (ILS) funds or by more traditional underwriters, has "cracked the moat" of the Lloyd's insurance and reinsurance market and is unlikely to leave, but it's still not clear the market has developed its strategy on how best to take advantage of it.Speaking at Lloyd's read the full article →

Lloyd’s is still capital efficient, but ILS can make it more so: Vario

With Lloyd's of London market participants generally beginning to view the idea of the insurance-linked securities (ILS) having more involvement in and access to Lloyd's as a positive, or at least inevitable, they should be looking to ILS as one way to increase the capital efficiency of their operations in read the full article →

Hannover Re: $1.5bn of 2018 cat bonds generate low-risk margin for reinsurer

German reinsurance giant Hannover Re said today that the approximately $1.5 billion of catastrophe bonds it has facilitated the issuance of for its clients help to deliver low-risk and attractive margins, while attracting new clients and maintaining existing relationships.Hannover Re has become a key facilitator for the catastrophe bond and read the full article →

Lloyd’s puts ILS investigations on hold for now

The Lloyd's market has put its investigations into the potential use of insurance-linked securities (ILS) to protect its Central Fund on-hold for the moment, according to CFO John Parry.

Lloyd’s ILS solution needs to augment syndicate capital at the right time: Vario

It's common knowledge that the Lloyd's market has been looking seriously at how an insurance-linked security (ILS) or catastrophe bond structure could assist the market by supporting its capital and profitability, but it is vital any Lloyd's ILS solution supports syndicate capital, according to Vario Global Capital Ltd.

Eclipse Re issues new $97.6m private cat bond offering

Another private catastrophe bond offering from the Eclipse Re platform, which is operated by the Horseshoe Group and Rewire Securities LLC, has come to market, in the form of a $97.6 million Eclipse Re Ltd. (Series 2018-02A) transaction, for which the sponsor is currently unknown.It follows closely behind the $53.3 read the full article →

U.S. Coastal was sponsor of recent $53.3m Eclipse Re private cat bond

U.S. Coastal Insurance Company, a New York domiciled homeowners insurer that specialises in insuring coastal properties, was the sponsor of the recently completed $53.3 million Eclipse Re Ltd. (Series 2018-01A) private catastrophe bond, according to our sources.U.S. Coastal Insurance Company carries a significant amount of coastal named storm exposure, making read the full article →

New $53.3m Eclipse Re Ltd. private cat bond or ILS transaction completed

A new private catastrophe bond arrangement has been completed using the Eclipse Re platform operated by the Horseshoe Group and Rewire Securities LLC, a $53.3 million Eclipse Re Ltd. (Series 2018-01A) deal that we understand to be a renewal of a transaction completed a year earlier.The new private cat bond read the full article →

ILS central to keeping UK re/insurance at “cutting edge” – Government

Insurance-linked securities (ILS) are central to keeping the UK's insurance and reinsurance industry "at the cutting edge", the Government says, and the work to bring the recently introduced ILS legislation in the UK is an example of how industry and Government can collaborate, to the benefit of the economy.Tonight (Monday read the full article →

UK Government to welcome ILS investors to Downing Street

The UK Government is set to welcome a group of insurance-linked securities (ILS) investors to Number 11 Downing Street next week, the home of the Chancellor of the Exchequer, as it looks to set out its support for the sector and encourage investors to consider allocating to UK ILS opportunities.The read the full article →