Investments

Global reinsurance firm Hannover Re has the capital markets at the heart of its core catastrophe retrocession program, with investors supporting some 80% of its aggregate retro and 78% of its Cat XL coverage through K-Cessions. On the whole account side, the capital markets and insurance-linked securities (ILS) investors are a little less common, although…

The third-quarter saw significant proportions of catastrophe losses retained by insurers, due to the proliferation and aggregation of multiple smaller loss events. But the fourth-quarter could see that trend reverse, if insurers breach the retained proportion of their aggregate reinsurance covers, analysts at Jefferies have explained. In a new report, Jefferies analyst team highlights the…

The combination of catastrophe bonds alongside insurance bonds in an investment portfolio can generate a “hidden source of alpha” for investors, offering them an “untapped source of risk premium”, specialist investment manager Twelve Capital has said. Twelve Capital, the Zurich headquartered catastrophe bond, insurance-linked securities (ILS) and reinsurance linked investment fund manager, explained in a…

Florida headquartered, expansive catastrophe exposed primary property insurer United Insurance Holdings (UPC Insurance), has increased added to its reinsurance program protection by raising the quota share cession rates it has with its reinsurance partners. By raising the quota share reinsurance cession rates, United (UPC Insurance) will effectively be ceding an increased proportion of its premiums…