Investments
Catlin chairs UK pandemic industry group, looks to Pool Re on reinsurance
A steering group has been formed by UK insurance and reinsurance industry leaders with Stephen Catlin of Convex as Chair, to work with UK government backed mutual terrorism reinsurance firm Pool Re to strengthen the industry’s response to future pandemics. With the significant impact of the Covid-19 coronavirus pandemic on the insurance and reinsurance sector…
Read MoreThe 100 Lowest Beta Stocks In The S&P 500
Updated on April 20th, 2020 by Bob Ciura In the world of investing, volatility matters. Investors are reminded of this every time there is a downturn in the broader market and individual stocks that are more volatile than others experience enormous swings in price. Volatility is a proxy for risk; more volatility generally means a…
Read MoreSwiss Re seeks $200m named storm retro with Matterhorn Re 2020-3 cat bond
Global reinsurance company Swiss Re is back with what will be its fourth catastrophe bond in less than one year, as it seeks another $200 million or greater of U.S. named storm retrocessional support from the capital markets with Matterhorn Re Ltd. (Series 2020-3). Having been away from the catastrophe bond market as a sponsor…
Read MoreFive Top Gaming Stocks For 2020
Published on April 20th, 2020 by Harvi Sadhra This is a guest contribution by Harvi Sadhra of Hashtag Investing. Hashtag investing is an exclusive community for active investors to get real-time feedback and discover compelling stocks and strategies any time. At the height of COVID-19, gaming stocks are making new highs. As the world is…
Read MoreLouisiana Citizens sponsors Catahoula Re 2020 cat bond in Singapore
Louisiana Citizens Property Insurance Corporation, the non-profit state mandated insurer of last resort, is back in the catastrophe bond market for its first transaction located in Singapore, with a currently $50 million Catahoula Re Pte. Ltd. (Series 2020-1) deal. Louisiana Citizens has been better known for its Pelican Re series of catastrophe bond deals through…
Read MoreCooper Gay acquires Meteo Protect, Gabriel Gross to lead new parametric unit
Cooper Gay France, the European broker and wholesale managing general agency (MGA) that is part of the BGC Partners broking group, has acquired Meteo Protect, the specialist parametric and weather index insurance underwriting agency and Lloyd’s coverholder, we can reveal. Meteo Protect is a leading specialist in the structuring, pricing, broking and underwriting of weather…
Read MoreGlobal Atlantic sees Ivy life & annuity investment vehicle as akin to a sidecar
Leading United States life, retirement and annuities insurance and reinsurance company Global Atlantic explained to us that it sees its newly launched life and annuity co-investment vehicle named Ivy as akin to the sidecars that are a feature of the insurance-linked securities (ILS) market. Global Atlantic Financial Group Limited launched the Ivy Co-Investment Vehicle LLC…
Read MoreLack of exclusions, poor wordings the Covid-19 BI threats to reinsurers & ILS
The majority of analysts and observers do not believe that the reinsurance and insurance-linked securities (ILS) industry faces a tidal wave of business interruption claims as a result of the coronavirus pandemic. Ongoing legal action continues to push for claims to be honoured, but in the majority of cases adequate exclusions do exist and it…
Read MoreCredit Suisse ILS’ reinsurers Kelvin Re & Humboldt Re have ratings affirmed
The two Guernsey domiciled rated reinsurance vehicles managed by and backed by capital from the Credit Suisse Insurance Linked Strategies Ltd. team have had their ratings affirmed and their underwriting strategies tweaked to reduce the volatility in their results going forwards. Rating agency A.M. Best highlights the balance-sheet strength of each of the rated reinsurance…
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