Investments
Obsidian launches as fronting conduit to reinsurance & alternative capital
Obsidian Insurance Holdings, Inc., has been launched as a new fronting insurance holding company with $100 million of capital, that aims to become a conduit to connect risk with reinsurance and alternative capital. Launched by private equity specialist investor Genstar Capital in partnership with management, Obsidian Insurance will be run by industry executives William Jewett…
Read MoreNephila backed Blenheim Underwriting to launch managing agency
Blenheim Underwriting, the Lloyd’s focused insurance and reinsurance underwriter that counts ILS specialist Nephila Capital as a key backer, is launching a managing agency which will help the company better manage the connection of its risks to a wide range of capital providers. When Blenheim launched its syndicate 5886 at Lloyd’s in 2016, Director Peter…
Read MoreInvestor interest can survive pandemic cat bond loss: Seo, Fermat Capital
The World Bank’s pandemic catastrophe bond issuance looks increasingly likely to suffer a significant loss of investor principal due to being triggered by the ongoing Covid-19 coronavirus outbreak, but John Seo of Fermat doesn’t think that will dent investor appetite for the risk. As we explained in this recent article, it looks increasingly like some…
Read MoreThe Top 7 Dividend Healthcare Stocks Now
Updated on March 26th, 2020 by Josh Arnold The healthcare sector is a great place to find high-quality dividend growth stocks. For evidence of this, look no further than the list of Dividend Aristocrats. The Dividend Aristocrats are a select group of 64 stocks in the S&P 500 Index, with at least 25 consecutive years…
Read MoreThe Best Airline Stocks: Ranking The 6 Major Players
Updated on March 26th, 2020 by Aristofanis Papadatos Airline stocks used to be avoided by value and income investors, and for good reason. Airlines are highly vulnerable during recessions. They are also vulnerable to industry-specific forces that can erase profits for several years, or even drive some airlines out of business. That’s why legendary value…
Read MoreCovid-19 impacts likely to enforce ongoing reinsurance firming: Schroders
The ongoing Covid-19 coronavirus pandemic is expected to have an impact on future reinsurance renewals, with the volatility it has caused expected to enforce ongoing firming of rates and pricing, according to executives at Schroders. Reinsurance rates have been on the rise anyway, as the industry on both traditional and alternative sides have been pushing…
Read MoreFrontier Advisors hires ex-QIC ILS portfolio manager Joe Clark
Frontier Advisors, an Australian independent investment consultant, has announced the hiring of Joe Clark, who was most recently an insurance-linked securities (ILS) portfolio manager for the Queensland Investment Corporation (QIC). Frontier Advisors provides consultancy to institutional investors who collectively manage more than $410 billion in assets, across numerous asset classes. Reinsurance and insurance-linked securities (ILS)…
Read MoreTremor launches weekly industry loss warranty (ILW) auctions
Tremor Technologies Inc., the technology-based programmatic risk transfer marketplace provider, is launching weekly auctions of industry loss warranties (ILW’s), with which it hopes to add efficiency to the process of ILW trading. Tremor noted the challenges currently being faced in the traditional insurance and reinsurance market due tot he Covid-19 coronavirus pandemic and the importance…
Read MoreCat bonds demonstrate positive diversification characteristics: Plenum
The catastrophe bond market has been demonstrating its “positive diversification characteristics” during the ongoing Covid-19 coronavirus pandemic, according to specialist ILS fund manager Plenum Investments. The catastrophe bond asset class is one of the best defensive asset classes in these times of financial market volatility and great uncertainty, with the cat bond once again demonstrating…
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