Insurance

The African Risk Capacity (ARC), a provider of parametric disaster insurance products to countries and now other entities in Africa, is also planning to further expand its risk pool by underwriting inwards reinsurance thanks to securing a rating from Fitch. African Risk Capacity Limited (ARC Ltd), the commercial insurer subsidiary of ARC Group, has secured…

Stone Ridge Asset Management’s mutual insurance-linked securities (ILS) fund assets under management remained relatively flat through the last quarter of record, as redemptions appear to have slowed significantly, while the investor increased its holdings in catastrophe bonds. Stone Ridge’s higher-risk, less liquid interval style mutual ILS fund, the Stone Ridge Reinsurance Risk Premium Interval Fund…

Global insurance and reinsurance intermediary and distributor holding company Hyperion Insurance Group Limited has raised a significant new haul of capital from a key private equity investor and through a private debt issuance, as it targets accelerated growth. The private equity investor in question is HG Capital, a technology focused investor in service industries and…

The catastrophe bond market pipeline is expected to be busy through the third and fourth quarters of 2020, according to Aon Securities CEO Paul Schultz, which sets the stage for potential near-record levels of issuance this year. The latest annual insurance-linked securities (ILS) report from Aon Securities, the capital markets division of the insurance and…

Although cyber criminals tend to thrive on chaos, so far, the presence of a global pandemic hasn’t led to any significant rise in activity or threat, according to Tom Johansmeyer, Head of PCS. “Does a virus like a pandemic, an actual physical virus, make people hack or disrupt networks? Not directly. But, do they mess…

AGILE Risk Partners, a specialist and technology focused direct & facultative (D&F) property risk underwriting start-up, has partnered with experienced mapping and data experts HERE Technologies as it seeks to improve the quality of risk data used in underwriting decision-making. AGILE is a combination of broker and underwriter and is looking to advanced technological capabilities…

After a period of relatively low activity over the first half of the year, analysts at Moody’s believe that some alternative capital investors could return to the market based on a combination of hardening prices, low interest rates, and growing clarity on COVID claims. Speaking at a briefing alongside the release of Moody’s Global Reinsurance…

Hyperion X Analytics, the data and technology focused analytics and advisory unit of the global Hyperion Insurance Group, has announced the hiring of experienced insurance and reinsurance sector executive Julian Alovisi as Head of Research. The move continues to build-out of Hyperion X as a best-in-class insurance and reinsurance industry advisory and research house, adding…

Brokers are reporting increasing demand for cyber reinsurance in 2020, across the range of structures available in the market, the latest annual cyber insurance market survey from PartnerRe shows. Bermuda headquartered reinsurance firm PartnerRe has surveyed the cyber insurance market in partnership with Advisen, speaking to 260 cyber insurance brokers and 190 cyber underwriters from…