reinsurance

Catastrophe bond funds in the UCITS format have reached another key milestone, with the combined assets under management (AuM) of the group of main UCITS cat bond funds surpassing $9 billion for the first time ever.

The global insurance, reinsurance and insurance-linked securities (ILS) industry has a clear seat at the table on discussions and actions related to climate change, according to Arthur Wightman at PwC Bermuda.

The Lloyd’s insurance and reinsurance market could report its lowest combined ratio since 2014, according to a forecast from Insurance Capital Markets Research.

Global reinsurance company Ariel Re continues to seek new and efficient ways to enhance its capital-base, with the latest example a $270 million raise to support 2023 expansion, $170 million of which is channelled via Lloyd’s London Bridge 2 PCC insurance-linked securities (ILS) structure.

US primary insurance carrier Allstate is targeting at least $225 million of catastrophe reinsurance from its first catastrophe bond issuance of this year, with the Sanders Re III Ltd. (Series 2023-1) deal set to provide multi-layer coverage across a proposed three tranches of notes.

American Integrity Insurance Company of Florida, Inc. is back in the catastrophe bond market seeking $100 million or more in collateralized Florida named storm reinsurance with an Integrity Re Ltd. (Series 2023-1) issuance.

Here are the ten most popular news articles, week ending March 5th 2023, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish.

The US managing general agent (MGA) market is expanding rapidly and insurance origination and distribution specialist Amwins has highlighted growing interest in alternative capital sources in the space, with an increasing role for insurance-linked securities (ILS).

The insurance-linked securities (ILS) market has spent considerable time seeking to better understand the cyber opportunity and this proof work can help to create a sustainable ecosystem around investing in cyber insurance risks, speakers said yesterday at the SIFMA ILS event in Miami.

Insurance-linked securities (ILS) funds as a group have delivered a strong start to 2023, with an average ILS fund return of 1.18% for January, the second strongest performance for the month in the record of the Eurekahedge ILS Advisers Index.