ILS News

Sandy to Have Limited Impact on Catastrophe Bond Market: Willis

Superstorm Sandy’s impact the catastrophe bond market is likely to be muted based on current estimates, with little impact on new pricing, according to Willis Capital Markets & Advisory (WCMA). The scope and scale of the storm makes it unlikely …

Capital Markets: A Threat or a Complement for Reinsurers?

Investments from the capital markets in various forms now provide around 14 percent of the total capital dedicated to providing reinsurance – approximately $35 billion [$17 billion in cat bonds] out of $250 billion. The question remains as to whether …

Aon Benfield Report Highlights Growth of Insurance-linked Securities

Catastrophe bond issuance for the last 12 months – June 2011 to June 2012 – rose to $6.43 billion – an increase of more than $2 billion over the same period in 2011, according to a report issued by Aon …

Insurance-linked Securities Top $2 Billion in Q2: Aon Benfield

The latest report on the insurance-linked securities (ILS) market from Aon Benfield Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield, reveals that “catastrophe bond issuance for the period reached $2.1billion, as investors continued to …

Willis ILS Report: Catastrophe Reinsurance Market Nearing Strategic Shift

A report from Willis Capital Markets & Advisory (WCMA), a unit of Willis Group Holdings, concludes that the “catastrophe reinsurance market may be on the cusp of a strategic shift, with third party capital providers set to take on increasing …

Guy Carp’s July 1 Renewals Report: ‘Plentiful Capacity;” Low Insured Losses

According to a report from Guy Carpenter the July first reinsurance renewals “took place against a backdrop of plentiful capacity,” as capital “has continued to strengthen through the second quarter of 2012, moderating pricing pressures.” Guy Carp noted that, “although …

Willis Re Reports Some Reinsurance Rate Increases, but No Market Turn

“Rate increases in the North American and International reinsurance markets are due to modest losses and poor results – not a hardening market,” according to a newly release report from Willis Re, the reinsurance arm of Willis Group Holdings. The …

Willis Capital Reports Strong Growth in Cat Bond Market; $1.3 Billion in Q1

The latest Insurance-Linked Securities (ILS) Market Update from Willis Capital Markets & Advisory (WCMA), part of global insurance broker Willis Group Holdings, notes a “record issuance in the catastrophe bond market in the first quarter of 2012, with eight new …

Q1 Insurance-linked Securities at Record $1.49 Billion: Aon Benfield Study

Aon Benfield Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield, has issued its latest report on the insurance-linked securities (ILS) market, which reviews the key trends witnessed during the first quarter of 2012. The”Insurance-Linked …

Swiss Re Structures $240 million Insurance-linked Securities for Allianz

Swiss Re Capital Markets announced that it has “structured and successfully placed $240 million of insurance-linked securities [cat bonds] issued by Blue Danube Ltd., on behalf of a subsidiary of Allianz SE. The securities cover North Atlantic hurricane, including Mexico …