Investments
Global Parametrics puts NDF capacity behind Arbol-powered weather risk pilot
Global Parametrics, the parametric and index-based disaster risk transfer company, is putting capacity from the Natural Disaster Fund (NDF) that it manages behind a new weather insurance pilot for coffee farmers in Costa Rica that is powered by Arbol’s technology and smart contract driven marketplace for weather risk transfer. To launch this pilot weather risk…
Read More$500bn Pandemic Risk Insurance Act (PRIA) reinsurance program in the works
Draft legislation to form a U.S. Federal government backed reinsurance program for pandemic insurance claims is under discussion in the halls of power, with a bill perhaps ready to be submitted to the House before the end of this month. As we explained back on March 25th, the U.S. House Financial Services Committee called for…
Read MoreHiscox ILS funds not exposed to UK SME business interruption claims
Insurance and reinsurance firm Hiscox Group has stated that none of the insurance-linked securities (ILS) funds under management of its Hiscox Re Insurance Linked Strategies Ltd. unit hold any exposure to the insurers UK SME business policies, which are the subject of some legal claims as a result of the coronavirus pandemic. A number of…
Read MoreCat bond bid list fails to fully trade again, gulf between buyers & sellers persists
Catastrophe bond market liquidity continues to feel the effects of the coronavirus pandemic, with liquidity still slow as evidenced by another bid lists of cat bonds available for sale failing to fully trade, our sources said. As we’ve explained in recent coverage, the catastrophe bond asset class has again demonstrated the liquidity benefit it offers…
Read MoreDividend Aristocrats In Focus Part 8: Raytheon Technologies
Updated on April 14th, 2020 by Eli Inkrot Note: This article has been updated to reflect the merger of United Technologies and Raytheon. The Dividend Aristocrats are an exclusive group of companies that have increased their dividend for at least 25 consecutive years. We believe the Dividend Aristocrats are among the highest-quality dividend stocks to buy…
Read MoreThe 2020 List of All ~260 Dividend Achievers
Updated on April 14th, 2020 by Bob Ciura Spreadsheet updated daily The NASDAQ Dividend Achievers Index is made up of nearly 260 stocks with 10+ consecutive years of dividend increases, that also meet certain minimum size and liquidity requirements. It is one of the best sources to find high-quality dividend growth stocks. The downloadable Dividend…
Read MoreCollateralised insurer class lets ILS funds target broader cedent base: Adderley
Bermuda’s latest addition to its insurance-linked securities (ILS) offering is the much discussed Collateralised Insurer classification of company, which Brad Adderley, Partner at law firm Appleby Bermuda, recently explained will enable ILS funds to target a broader range of cedents. Speaking to A.M. Best TV at our New York insurance-linked securities (ILS) market conference, ILS…
Read MoreLoss threatened Loma 2013, Akibare 2016 & Fibonacci 2018 cat bonds extended again
Three outstanding tranches of catastrophe bond like notes have all had their maturities extended again given the risk of losses to investors in these transactions, two of which are expected to be a total loss and one we cannot be sure about the future for. These are the Loma Reinsurance (Bermuda) Ltd. (Series 2013-1) catastrophe…
Read MoreILS funds face inflow challenges while Covid-19 uncertainty remains
While the immediate economic and financial market impacts of the Covid-19 coronavirus pandemic have ramifications for investor appetite, there are longer-term reasons that ILS funds could face challenges when it comes to accepting new inflows while the virus remains prevalent. For insurance-linked securities (ILS) funds and other collateralised reinsurance investment strategies, the immediate fall-out caused…
Read More