Investments

After years of impressive growth, the volume of available alternative reinsurance capital has “stagnated” and with little growth expected for the remainder of 2020 and into next year, a structural breakthrough might be needed, according to analysis by Fitch Ratings. At between $90 billion and $95 billion, the amount of capital supporting alternative reinsurance represents…

A new study looking at the effects of climate change on hurricanes and tropical cyclones suggests that the insurance, reinsurance and insurance-linked securities (ILS) industry may need to prepare for storms that cause even wider swathes of damage and losses, with a warmer world linked to damage extending further inland. It’s not a new hypothesis,…

Investors backing Lancashire Holdings third-party reinsurance and retrocession capital manager Lancashire Capital Management are being “supportive” as the key January renewals approach, according to the units CEO Darren Redhead. Asked about the environment for raising new capital for collateralised or ILS vehicles during the Lancashire Holdings quarterly earnings call last week, Redhead explained that the…

Commercial property insurance price rises continued to accelerate higher in all regions around the globe during the third-quarter of 2020, with catastrophe exposed property seeing some of the largest rate increases, according to Marsh. The insurance broker once again highlights the continued and accelerating hardening of property insurance rates, which is likely to turn into…