Investments
Pricing momentum may extend beyond 2021: Morgan Stanley
Analysts at Morgan Stanley said that pricing momentum across insurance and reinsurance may extend beyond 2021, as a return to profitability remains a priority for reinsurers, while insurance-linked securities (ILS) specialists focus on delivering sustainable returns to investors. Rate momentum in reinsurance is expected to continue catching up with primary insurance and retrocession, as the…
Read MoreAon: Reinsurers won’t cover cost of own capital, but raise new alternative capital
Broking giant Aon said that reinsurance companies included in its Aon’s Reinsurance Aggregate won’t cover their cost of capital in 2020, after loss ratios rose on the COVID-19 pandemic. But the broker also noted that some reinsurance companies have been successful in raising new alternative capital, which of course begs the question of how the…
Read MoreSidecars helped Swiss Re attract capital in difficult times: CEO Mumenthaler
The alignment inherent in the collateralised reinsurance sidecar vehicles that Swiss Re operates has helped the company to attract fresh ILS capital even during difficult times, the firms CEO Christian Mumenthaler told us. Speaking in a recent Artemis Live video interview, Mumenthaler explained how the world’s largest reinsurer Swiss Re is embracing alternative capital at…
Read MoreUniversal sees full retention losses for hurricanes Isaias and Sally
Universal Insurance Holdings, the Florida headquartered and expansive primary insurance carrier, has announced “full retention events” for both hurricane Isaias and hurricane Sally in the third-quarter of 2020, suggesting its reinsurance has been tapped for both storms. Late yesterday the insurer pre-announced catastrophe losses from the two hurricanes, which have impacted its property portfolio during…
Read MoreAsian ILS market to benefit regional re/insurers: Fitch
The development and growth of an insurance-linked securities (ILS) market in Asia can only be a benefit to local insurance and reinsurance carriers, as well as those operating regionally, as the capital markets capacity can help them expand their ability to underwrite and diversify capacity sources, rating agency Fitch explained recently. Fitch noted in a…
Read MoreCEOs notch win as SEC adds hurdles for shareholder campaigns
Regulators are making it harder for small-time shareholders to put forth proposals aimed at cracking down on excessive pay, climate change and other corporate governance concerns. Original Article Posted at : https://www.accountingtoday.com/articles/ceos-notch-win-as-sec-adds-hurdles-for-shareholder-campaigns
Read MoreIs Investing in REITs a Viable Strategy for Dividend Income?
Published on September 23rd, 2020 by Nate Parsh Investors in search of higher yields often turn to Real Estate Investment Trusts, or REITs, in order to secure a higher level of income. These stocks tend to offer generous dividend yields which make them appealing to income investors. There are more than 160 publicly-traded REITs and…
Read MoreRGA explored pandemic risk transfer, including catastrophe bonds
Reinsurance Group of America (RGA) has explored a variety of ways of transferring mortality risks related to pandemics off its books, including capital markets backed instruments such as catastrophe bonds. The life focused reinsurance firm has a significant mortality book, of course, as a result of which pandemics are one of the peak modelled exposures…
Read MoreNot everything in ILS comes down to models: Chin Liu, Amundi Pioneer
When it comes to building a portfolio of insurance-linked securities (ILS) and reinsurance linked investments, there is more to quality and return potential than simply following models, according to Chin Liu of Amundi Pioneer. Liu is a Director of Insurance-Linked Securities and a Portfolio Manager at Amundi Pioneer, managing over $90 billion in assets, including…
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