Investments
American Strategic owner returns for second Bonanza Re cat bond of 2020
ARX Holding, the Progressive-owned parent of American Strategic Insurance Group, has returned to the catastrophe bond market for the second time this year, to sponsor a $100 million or greater sized Bonanza Re Ltd. (Series 2020-2) issuance. ARX Holding owns the American Strategic group of insurance companies and also Progressive Property Insurance, which will benefit…
Read MoreFight the Fade – Round
Businesses Fade; its a fact. Market saturation, new competitors, management complacency and poor capital allocation all conspire against business growth. Today, corporate moats are being filled faster than ever as new technologies disrupt and challenge the prospects of what were once unassailable businesses. This process isn’t new. If you look back at the leading stocks […]
The post Fight the Fade – Round appeared first on ValueWalk.
Read MoreCoronavirus stimulus checks 2020: Congress has less than a month left
Despite the surge in coronavirus cases across the U.S., the negotiations for the second stimulus package remain in limbo. Congress was on leave for most of last week, and is scheduled to return on Monday. Last week, Senate Majority Leader Mitch McConnell also finally agreed to restart negotiations on the coronavirus stimulus package (and possibly […]
The post Coronavirus stimulus checks 2020: Congress has less than a month left appeared first on ValueWalk.
Read MoreHudson Structured exits Compre investment as Cinven & BCI acquire legacy specialist
Hudson Structured Capital Management, the investment manager with a reinsurance and insurance-linked securities (ILS) focus, has exited one of its legacy, or run-off sector investments, as specialist Compre has been acquired by private equity firm Cinven and pension benefits investment manager the British Columbia Investment Management Corporation (BCI), providing an exit opportunity. As we’d previously…
Read MoreThe 2020 hurricane season – a story of storm frequency & rapid intensification
The 2020 Atlantic hurricane season comes to its official close today and two factors characterise what has been a record-setting season in many ways, the frequency of tropical storms and their rapid intensification, especially as they close in on landfall. The 2020 Atlantic hurricane season saw a record number of named tropical storms form during…
Read MoreSwiss Re sets up its first ILS fund, the Core Nat Cat Fund under 1863 Fund Ltd.
Global reinsurance firm Swiss Re continues to demonstrate its growing commitment to third-party sources of capital and insurance-linked securities (ILS), announcing this morning that it is launching a dedicated ILS fund, the Core Nat Cat Fund, so investors can participate in its natural catastrophe underwriting business. Swiss Re has set up a new subsidiary called…
Read MoreOccurrence shift insulated ILS against 2020 hurricane frequency: SCOR IP’s Rossary
A general shift in favour of per-occurrence structures has helped to insulate insurance-linked securities (ILS) portfolios against some of the impacts of the record-setting 2020 Atlantic hurricane season Fabrice Rossary, the Chief Investment Officer of SCOR Investment Partners, has said. Insurance-linked securities (ILS) and catastrophe bond investors, having been hit hard by catastrophe losses across…
Read MoreInvestor appetite evident across the spectrum: Ruoff, Schroder Secquaero
As the insurance-linked securities (ILS) market looks towards year-end and into the new year, investors are showing appetite for structures and strategies from across the ILS and broader insurance and reinsurance universe, according to Stephan Ruoff, Head of Schroder Secquaero. “We see on the one end of the spectrum an exploitation play of a lot…
Read MoreBreaking down catastrophe bond & ILS issuance by year
We’ve developed a new chart with which you can analyse catastrophe bond and related insurance-linked securities (ILS) issuance by type of transaction and year. We hope you find it a useful new feature. This year has turned into a particularly active one for the catastrophe bond and related ILS market, with issuance already having surpassed…
Read More