Reinsurers Charge ‘Rational’ Rates in April Renewals, from Flat to 25%: Willis Re April 1, 2019 While there were no signs of generalized rate hardening during the April 1, 2019 renewal season, reinsurers have adopted a...
SCOR Investment Partners Promotes Rostan as Head of Insurance-Linked Securities March 28, 2019 SCOR Investment Partners announced the promotion of Sidney Rostan as head of Insurance-Linked Securities (ILS), effective April 1, 2019. Sidney...
ChainThat to Launch Blockchain-Driven Re/Insurance Risk Exchange in Bermuda March 6, 2019 A blockchain-driven risk and capital exchange for the insurance and reinsurance market is set to be launched in Bermuda later...
Insurance Linked Securities Market Grows to $93B in 2018: Willis Re February 1, 2019 Growth of the insurance linked securities (ILS) market reached $93 billion in 2018, up from $88 billion during the prior...
PIMCO and Allianz Partner to Launch Insurance Linked Securities Business January 28, 2019 PIMCO, the Newport Beach, Calif.-based fixed income investment manager, has hired Rick Pagnani from Mt. Logan Re as executive vice...
Multiple Smaller Natural Disasters in 2018 Created ‘Unusual’ Insured Loss Picture: Willis January 16, 2019 Insured loss estimates from major natural catastrophes in 2018 totaled roughly $71.5 billion, the highest since 2011’s annual market losses...
Jan. 1 Renewals Saw ‘Muted Impact’ from 2018’s Catastrophes: Guy Carpenter January 14, 2019 The overall impact of catastrophe losses on property rates was muted at the Jan. 1, 2019 reinsurance renewals, but the...
Global Reinsurance Capital Is Resilient Despite Losses of $230B over 2 Years: Aon January 11, 2019 By L.S. Howard Global reinsurance capital – comprising traditional and alternative capital – fell 2 percent in 2018 to US$595 billion from $605...
Liberty Mutual Again Taps Capital Markets Via Reinsurance Sidecar, Limestone Re January 9, 2019 By L.S. Howard Liberty Mutual has once again directly tapped capital markets’ reinsurance capacity via the Bermuda collateralized reinsurance sidecar, Limestone Re Ltd....
Neon Sponsors 2nd ILS Transaction via UK Transformer Vehicle NCM Re January 8, 2019 Neon announced it successfully has raised third party capital to support its second insurance linked securities (ILS) transaction through its...