Financial Archives - Page 410 of 612

Catastrophe bond & ILS issuance hits $9.6bn as spreads accelerate

Issuance of new catastrophe bonds continued apace through early July, helping total cat bond and related ILS issuance reach $9.6 billion as of this time, according to Artemis’ Deal Directory data. While the demand from investors for higher-returns is increasingly evident, as both spreads and multiples-at-market accelerated over recent weeks. Investor returns from the catastrophe…

Guy Carpenter announces UK property facultative hires from rivals

Reinsurance broker Guy Carpenter has made a string of appointments in its UK focused property facultative broking team, with a number of key hires poached from its rivals. The hires form part of a wider realignment process at Guy Carpenter’s facultative broking arm GC Fac, the company said this morning, as it structures its product…

Best of Artemis, week ending 19th July 2020

Here are the ten most popular news articles, week ending 19th July 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,…

Lessons learnt in ILS after challenging few years, say end-investors

For many in the insurance-linked securities (ILS) space the experience of losses, creep, and uncertainty around trapped collateral over the past few years was a first, and, undoubtedly, lessons have been learnt. This was the view of the opening panel on the penultimate day of our virtually held conference, ILS Asia 2020 (now available on…

Cat bonds a bright spot, as collateralised reinsurance trapped again: Aon

Catastrophe bond issuance in the first-half of 2020 has been one of the bright spots in the insurance-linked securities (ILS) and alternative reinsurance capital market, as issuance was buoyed by the assets robust performance through the Covid-19 pandemic. In discussing the dynamics around alternative capital, insurance and reinsurance broker Aon said that investors in ILS…

5 Reasons Dividend Income is the Easiest Passive Income Source

Everyone is interested in creating a form of passive income. However, I am here to talk to you about the easiest passive income source that you can start, today or now, if YOU wanted. Further, it does not have to be time nor capital intensive as others make it out to be. As our…

AIR updates U.S. hurricane & inland flood catastrophe models

Catastrophe risk modelling specialist AIR Worldwide announced this week some timely updates to its Hurricane and Inland Flood Models for the United States. With hurricane season now underway and all forecasts pointing to an active year for tropical storms near the U.S., AIR’s risk model updates come at just the right time for the reinsurance…

Howden appoints Rugge-Price as Chair, aims to challenge major brokers

Howden Broking Group, which is in the process of bringing together the retail focused Howden with the more specialty insurance and reinsurance focused RKH under one brand, has named a new Chair as it looks to position itself as a challenger to the majors. Both sit under the global Hyperion Insurance Group, that is parent…

Most significant Jan 1 renewal rate increases since 2018 expected

It’s perhaps not the level of reinsurance rate increase that many have been hoping for, after the 20%+ rises seen across April and mid-year renewal cycles, but analysts at Morgan Stanley are bullish that January 2021 will see the highest increases since 2018. Morgan Stanley’s equity analyst team that tracks the insurance and reinsurance industry…