Insurance
Asian ILS market to benefit regional re/insurers: Fitch
The development and growth of an insurance-linked securities (ILS) market in Asia can only be a benefit to local insurance and reinsurance carriers, as well as those operating regionally, as the capital markets capacity can help them expand their ability to underwrite and diversify capacity sources, rating agency Fitch explained recently. Fitch noted in a…
Read MoreU.K. Ruling’s Impacton U.S. Insurance Cases: Little to None
The U.K. High Court last week issued a ruling involving business-interruption claims against policies issued by eight insurers. Jason Schupp of the Centers for Better Insurance says the ruling is a “mixed bag” for U.K. insurers and policyholders and has little relevance for their U.S. counterparts. In the U.K. case, Schupp writes, “the fundamental theme…
Read MoreRGA explored pandemic risk transfer, including catastrophe bonds
Reinsurance Group of America (RGA) has explored a variety of ways of transferring mortality risks related to pandemics off its books, including capital markets backed instruments such as catastrophe bonds. The life focused reinsurance firm has a significant mortality book, of course, as a result of which pandemics are one of the peak modelled exposures…
Read MoreNot everything in ILS comes down to models: Chin Liu, Amundi Pioneer
When it comes to building a portfolio of insurance-linked securities (ILS) and reinsurance linked investments, there is more to quality and return potential than simply following models, according to Chin Liu of Amundi Pioneer. Liu is a Director of Insurance-Linked Securities and a Portfolio Manager at Amundi Pioneer, managing over $90 billion in assets, including…
Read MoreVirtual Discussion: Responding to Disaster During a Crisis
On September 24 a virtual discussion hosted by the Department of Homeland Security’s Science and Technology Advisory Committee will inform community leaders about how new science and technology applications are enhancing resilience and protecting lifeline systems and networks. During the discussion experts will describe how technologies can inform risk-based decision-making in areas of neighborhood health…
Read MoreWe’ll know we’re in a hard market when deals don’t get done: Hamilton Re’s Brown
David Brown, Chairman and interim CEO of Bermuda-based reinsurer Hamilton Re, has said that reinsurers should be looking for “better pricing and better terms” at the end of year renewals. Speaking in an interview with Artemis around the time of this year’s virtual Monte Carlo Rendez-vous event, Brown said that he expects to see reinsurance…
Read MoreProperty catastrophe reinsurance demand may increase at 1/1 renewals: Aon
Demand for property catastrophe reinsurance could increase at the key January 2021 renewals according to broker Aon, as the trend of insurance carriers better protecting themselves following the pandemic may continue. Insurance and reinsurance broker Aon noted in its latest market outlook report that reinsurance capital remains accretive to insurance carrier strategies and that a…
Read MorePartnerRe appoints Nicholas Hughes to lead expanded retro team
PartnerRe, the Bermuda headquartered and EXOR owned reinsurance company, has announced the appointment of Nicholas Hughes as Head of Retrocession, alongside the additions of Aaron Coates from Twelve Capital and Guy Hengesbaugh, formerly of Guy Carpenter Bermuda. In this newly created position, Hughes is set to lead the reinsurer’s expanded retrocession team as part of…
Read MoreAsia to become increasingly relevant in life insurance-linked securities
Globally, the life insurance-linked securities (ILS) space is gaining momentum and in Asia specifically, the risk/return profile appears to be improving, according to Luca Tres, Head of Life, Securis Investment Partners. Tres, alongside Tom Spreutels, Head of Origination, Life & Alternative Credit at Leadenhall Capital Partners, participated in an expert panel debate focused on the…
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