Investments

Third-party reinsurance capital from the insurance-linked securities (ILS) market and alternative capital vehicles remains a threat to the stable outlook for the global reinsurance market, rating agency A.M. Best believes. While the rating agency highlights the fact that in reinsurance “traditional capacity has become more closely aligned with third-party capital,” it still sees the potential…

Insurance-linked securities (ILS) and catastrophe bond investors who cashed-out their holdings during March, as the world’s financial markets declined in the face of the Covid-19 coronavirus threat, are likely to return and may bring more investors with them, Lane Financial LLC believes. As we’ve been documenting, in recent weeks some ILS funds have been receiving…

A regional catastrophe bond market for the Asia-Pacific region has become a focus of the business focused arm of the Asia-Pacific Economic Cooperation (APEC). APEC has long been a supporter of the use of insurance-linked securities (ILS), such as catastrophe bonds for disaster risk financing using the capital markets as a source of reinsurance, and…

Here are the ten most popular news articles, week ending 5th April 2020, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish. Ten most read articles on Artemis.bm,…

Arbol, a technology driven marketplace that uses blockchain and smart contracts, has acquired well-known specialist provider of weather risk transfer and weather hedging solutions eWeatherRisk, as it looks to revolutionise the way weather risk transfer contracts are bought and sold. eWeatherRisk is a long-time weather risk management and transfer market participant that was headed up…

The first catastrophe bond rating action due to the Covid-19 coronavirus pandemic is unsurprisingly related to one of the few mortality cat bonds left in the market, Swiss Re’s late 2015 Vita Capital VI Limited (Series 2015-1) transaction, which has been put on a negative watch by S&P Global Ratings. The Vita Capital VI excess…

Insurance and reinsurance firms located in Bermuda have paid a huge $19 billion of claims for losses caused by California or Australia wildfires and Japanese typhoons in just the last three years. The California wildfires of the last three years and the Japanese typhoons of the last two have been some of the biggest events…

This weeks severe weather, convective storms and tornado outbreaks across the central and eastern U.S. could drive economic losses of over $1 billion, while the insurance and reinsurance market impact is likely in the hundreds of millions of dollars, according to Aon. Impact Forecasting, the risk modelling and forecasting focused unit of insurance and reinsurance…