Financial
Data-driven glimpse of the re/insurance future: Parametric cargo cover from Parsyl
Every so often some new insurance or reinsurance product, or strategy, emerges that shows us a glimpse of the future of this marketplace, often driven by technology, data and the use of parametric triggers. The latest product to do so is one launched by insurtech start-up Parsyl Inc. this week, which announced the first parametric…
Read MoreNew issue catastrophe bond spreads likely to keep widening: Twelve
Catastrophe bond returns may continue to improve for investors, as new issuance spreads are expected to continue widening as a result of the ongoing volatility in financial markets, Twelve Capital believes. The specialist insurance-linked securities (ILS) and reinsurance investment fund manager highlighted that primary issuance spreads for new catastrophe bonds have been on the rise…
Read MoreDividend Aristocrats In Focus Part 66: Otis Worldwide
Published on April 16th, 2020 by Eli Inkrot The Dividend Aristocrats are an exclusive group of companies that have not only paid but also increased their dividend for at least 25 consecutive years. We believe the Dividend Aristocrats are among the highest-quality dividend growth stocks in the entire market. With this in mind, we created…
Read MoreAmundi Pioneer sees investor demand for “structurally uncorrelated” ILS
Despite the impacts of the coronavirus pandemic through recent weeks, Amundi Pioneer Investment Management’s ILS team have been seeing continued demand for the insurance-linked securities (ILS) asset class, in particular from investors that are already experienced ILS allocators. Amundi Pioneer managed the Pioneer ILS Interval Fund, a dedicated insurance-linked securities (ILS) focused mutual investment fund…
Read MoreArtemis Live: Interview with Tom Johansmeyer, Head of PCS
We’ve launched a new audio and video feature that will see us talking with leaders of the insurance-linked securities (ILS) and reinsurance industry and broadcasting them via our YouTube channel. Like everyone else, the shift to remote working that comes with the global coronavirus lock-down has made us think differently about ways of working. So…
Read MoreArch forecasts up to $145m coronavirus loss to P&C, reinsurance, mortgage lines
Arch Capital Group, the Bermuda headquartered insurance and reinsurance specialist underwriter, has released a forecast of its potential first-quarter losses due to the Covid-19 coronavirus pandemic, saying it expects up to $145 million of losses across its property & casualty insurance, reinsurance and mortgage insurance lines of business. Arch is the first of the Bermudian…
Read MoreMortgage insurers face ILS issuance challenge, higher reinsurance costs: A.M. Best
U.S. mortgage insurers are likely to face challenges in issuing new mortgage insurance-linked securities (ILS) at this time and their reinsurance costs are expected to rise on the back of the Covid-19 coronavirus pandemic, according to A.M. Best. The rating agency highlights the challenging situation facing the largest private mortgage insurers in the United States,…
Read MoreSCOR relaunches Atlas Capital 2020 cat bond at smaller size, higher pricing
France headquartered global reinsurance company SCOR has quickly relaunched its delayed Atlas Capital Reinsurance 2020 DAC (Series 2020-1) catastrophe bond transaction, bringing it back to market at a slightly smaller size of $150 million, but with pricing boosted to better compensate and attract investors. SCOR had returned to the catastrophe bond market in mid-March with…
Read MoreNo evidence Covid-19 industry loss will match large catastrophe years: Flandro
Absent some kind of government intervention that forces a raft of claims into the insurance and reinsurance industry, David Flandro, Managing Director of Hyperion X Analytics, believes that there is no reason to expect the industry loss from Covid-19 will reach the levels of a large catastrophe loss year. Speaking with analysts from Morgan Stanley…
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