Investments

The insurance and reinsurance industry’s relative lack of correlation with broader financial markets is now more important than ever before, Michael Millette explained at our ILS NYC 2021 event. Millette, the Founder and Managing Partner of specialist investment manager Hudson Structured Capital Management explained why ILS and more broadly insurance and reinsurance, are assets with…

Everest Re, the global insurance and reinsurance underwriter, has raised new capital for its Mt. Logan Re Ltd. collateralized reinsurance sidecar-like vehicle towards the end of 2020, as the structure reached $900 million of assets under management at January 1st. Mt. Logan Re had started 2020 with assets under management of around $818 million, as…

Global reinsurer SCOR said today that it grew its January reinsurance renewal portfolio by almost 16%, in terms of premiums, while prices were up by 7.8% across its renewed business, at 1/1 2021. The company said that the reinsurance treaty market “hardened significantly” and that price increases and better terms and conditions were experienced across…

Today, there’s a significant amount of capital looking to be deployed in an environmental, social, and governance (ESG) friendly way, which represents a material opportunity for the insurance-linked securities (ILS) asset class, says Barney Schauble, Head of Labs at Nephila Advisors. Day two of our fifth annual and first virtual ILS NYC conference, started with…

Global reinsurance firm Swiss Re is working towards transferring a much broader range of risks to the capital markets in future, as it looks to expand its insurance-linked securities (ILS) activities beyond pure natural catastrophe risks to a more capital management approach, according to Judy Klugman and Ed Johnson, speaking at our ILS NYC 2021…

Tremor Technologies, the insurtech offering a technology-based programmatic insurance and reinsurance risk transfer marketplace, has launched a next-generation update to its trading platform software, as it looks to “supercharge” reinsurance placement with the Panorama release. Tremor is the only programmatic marketplace technology provider to gain real traction and place syndicated risk transfer and reinsurance deals…

Robust commercial property insurance price rises continued around the globe, but broking giant Marsh has warned that the fourth-quarter of 2020 saw the US property insurance market begin to decelerate, with signs that pricing may be starting to plateau. Catastrophe exposed and loss impacted property insurance accounts continued to see some of the largest rate…

Strategic Risk Solutions, Inc., a provider of insurance, reinsurance and captive management and consulting services, has announced the launch of an office in Guernsey as it looks to expand its insurance, reinsurance and insurance-linked securities (ILS) activities in Europe. In opening in Guernsey, Strategic Risk Solutions (SRS) has announced the hiring of Peter Child, who…