Investments
Legal action to force coronavirus business interruption claims expands
Legal actions and efforts to enable businesses and also insurers to force through claims related to business interruption appear to be expanding, with potentially significant ramifications for some in the reinsurance and insurance-linked securities (ILS) market should any succeed. It largely comes down to contract wording interpretation and the understandable desperation of business owners facing…
Read MoreLloyd’s in 2019 underwriting loss, as Covid-19 shows in solvency measure
The Lloyd’s of London insurance and reinsurance market fell to an underwriting loss for the third consecutive year, reporting a combined ratio of 102.1% for 2019, while paying gross claims during the year that were higher than in the prior year. Lloyd’s has struggled with its underwriting performance in recent years as major catastrophe losses…
Read MoreThe Top 6 Beer Stocks For Dividends And Growth
Updated on March 25th, 2020 by Nate Parsh Beer stocks, just like the beverages, come in several different forms. Companies that are engaged in the beer industry offer direct exposure through manufacturing and distribution of beer, while other companies in adjacent industries offer indirect exposure through equity stakes in beer companies. The beer industry is…
Read MoreArtemis ILS NYC 2020 – post-conference report
Welcome to the Artemis ILS New York 2020 conference report, which provides insight into some of the debates that took place between speakers and attendees during Artemis’ third event in the city. The fourth Artemis ILS New York conference was held in New York City, in midtown Manhattan at a purpose built event space, and…
Read MoreAmerican Integrity seals $150m Integrity Re II cat bond at top-end pricing
The first catastrophe bond to be sponsored in Singapore by U.S. primary insurer American Integrity will settle at the high-end of size targets of $150 million, but with pricing also at the high-end of guidance as investor demand for higher coupons persists in the market. The Integrity Re II Pte. Ltd. (Series 2020-1) catastrophe bond transaction…
Read MoreCat bond sell-off may slow new issuance until ILS fund inflows catch up
With catastrophe bond trading in the secondary market having reached what may well be record levels on the back of the Covid-19 coronavirus pandemic related sell off, thoughts turn to how this significant increase in liquidity may impact the wider market over the coming months. As we explained last week, the catastrophe bond asset class…
Read MoreIndustries Built for the Coronavirus and Dividend Investors
The market’s volatility has been insane as of late, due to the health & economic impact from the Coronavirus. If you see the chart below – your stomach definitely has to be feeling the highs and lows that each day brings. One day you can be down 9.51% (like on the 12th) and the very…
Read MoreWTW launches tool to track Covid-19 property exposure in real-time
Insurance and reinsurance brokerage Willis Towers Watson (WTW) has launched a tool to help risk managers assess their Covid-19 coronavirus property exposure in real-time. The tool delivers real-time, risk and analytics information as part of WTW’s Global Peril Diagnostic modelling tool, which now offers up-to-date information on confirmed global COVID-19 cases alongside the brokers clients’…
Read MoreCarlisle Management deploys life settlement fund at above target returns
Carlisle Management Company, a Luxembourg headquartered global alternatives investment firm, has announced the successful deployment of its life settlements fund at above target returns. Carlisle Management is focused on the life settlements area of the insurance-linked securities (ILS) market and its funds are backed by institutional clients including pension funds and family offices. The company…
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