Latest Insurance Linked Securities Headlines
All the headlines from our Insurance Linked Securities Topic Page, ordered by recency.
AIG CEO Expects More Trading of Insurance-Linked Assets
Sep 17 2018 // American International Group Inc. Chief Executive Brian Duperreault said he sees “huge potential” within the insurer’s portfolio for use of a market in which investors trade assets tied to insurance...
ILS Market Could Bear 20% of Hurricanes Harvey, Irma, Marie Loss: A.M. Best
Sep 17 2018 // The insurance-linked securities (ILS) market potentially could bear up 20 percent of the insured losses generated by Hurricanes Harvey, Irma and Marie, according to an A.M. Best report. These three hurricanes during a...
ILS Market Could Bear 20% of Hurricanes Harvey, Irma, Marie Loss: A.M. Best
Sep 10 2018 // The insurance-linked securities (ILS) market potentially could bear up 20 percent of the insured losses generated by Hurricanes Harvey, Irma and Marie, according to an A.M. Best report. These three hurricanes during a...
AIG CEO Expects More Trading of Insurance-Linked Assets
Sep 6 2018 // American International Group Inc. Chief Executive Brian Duperreault said on Wednesday he sees “huge potential” within the insurer’s portfolio for use of a market in which investors trade assets tied to...
Markel to Acquire Insurance-Linked Securities Manager Nephila
Aug 31 2018 // Specialty insurer Markel Corp. has agreed to acquire all of the outstanding shares of Nephila Holdings, a standalone insurance-linked securities manager. Nephila, has more than $12 billion of assets under management for...
ILS Issuance in H1 Tops $7B, Reflecting Capital Markets’ Re/Insurance Appetite: Swiss Re
Aug 31 2018 // The first half of 2018 aptly demonstrated that the insurance-linked securities (ILS) market has an undiminished appetite to provide re/insurance protection – despite last year’s expensive insured natural...
Extraordinary Re’s Extraordinary Idea for Trading Insurance Risks Like Stocks
Aug 15 2018 // Imagine there’s a way for institutional investors to trade insurance risks much like they trade stocks. Well, imagine no more. A new and unique reinsurer, Extraordinary Re, has hit upon the novel idea of creating a...
Catastrophe Bonds – A to Z
Aug 7 2018 // A reader of this publication, the president of an insurance agency, recently wrote to say he kept hearing about catastrophe bonds but had little knowledge of what they were. He was curious if these instruments would...
Casualty: The Next ILS Frontier?
Aug 6 2018 // Executive Summary: While progress has been made in the development of casualty insurance-linked securities (ILS), there still is significant work to do, says Aaron C. Koch of Milliman, who discusses some of the key...
Flood Model Changes Help Hiscox Re & ILS Enter U.S. Flood Market
Aug 6 2018 // Less than 12 percent of U.S. homeowners have a flood insurance policy, despite the fact that flooding is the country’s most common natural disaster, said Katy Sivyer, underwriter for North America and the Caribbean...
Flood Model Development Helps Hiscox Re & ILS Enter U.S. Flood Protection Market
Jul 25 2018 // Less than 12 percent of U.S. homeowners have a flood insurance policy, despite the fact that flooding is the country’s most common natural disaster, said Katy Sivyer, underwriter for North America and the Caribbean...
TigerRisk Creates Capital Markets Vehicle Panthera Re in Bermuda
May 24 2018 // TigerRisk Capital Markets & Advisory has formed a new Bermuda facility named Panthera Re to provide its insurance and reinsurance company clients with access to capital markets. With third-party capital from...
Willis Towers Watson Moves ILS from Securities to Reinsurance Unit
May 4 2018 // Willis Towers Watson is making changes to its insurance linked securities (ILS) business. The ILS business, which was previously part of the its securities business unit, will be integrated into Willis Re. William Dubinsky...
Global Catastrophe Bonds Set Q1 Record: Aon
May 2 2018 // Global catastrophe bond issuance broke a first-quarter record, come in at nearly $3.6 billion for Q1 2018 as the market expanded into new areas, Aon Securities said in its latest report. The $3.58 billion in insurance...
Reinsurance Capacity Remains Abundant for Mid-Year Renewals: Aon Benfield
Apr 18 2018 // Global reinsurer capital continued to rise in 2017, despite the US$136 billion in insured losses from natural catastrophes last year, according to a reinsurance market report published by Aon Benfield. Indeed, capital...
FEMA to Issue First Catastrophe Bond for Flood Insurance Program
Apr 5 2018 // In another step shifting risk to private markets, the Federal Emergency Management Agency (FEMA) said it intends to secure additional reinsurance for the National Flood Insurance Program (NFIP) through issuance of a...
UK Invests in Natural Disaster Hedge Fund Focused on Insurance for Developing Nations
Feb 26 2018 // Britain is backing a hedge fund that aims to raise $200 million to give developing countries access to climate risk insurance. Britain’s Department for International Development (DFID) is investing 25 million pounds...
Capital Markets Still Keen on ILS Investments Despite 2017 Disaster Claims: WTW
Jan 29 2018 // The insurance linked securities (ILS) sector is set for another year of growth as the market recovers from 2017’s natural disasters, replaces lost capital and investors show mounting interest in ILS products. These...
Neon Launches First ILS Vehicle in UK, NCM Re
Jan 3 2018 // Neon announced it has launched the first ILS vehicle in the UK, NCM Re (UK PCC) Ltd., and raised third party capital to support the UK’s first ILS transaction. NCM Re is the first UK-domiciled protected cell company,...
Catastrophe Bond Managers Put Hurricanes Behind Them, Plan New Launches
Dec 20 2017 // Hedge funds and other managers of catastrophe bond funds racked up some of the worst losses in more than a decade from this year’s hurricanes and wildfires. But a year that is shaping up to be the costliest on record...
