Insurance

The response of the catastrophe bond market to Covid-19 has demonstrated the sector’s resilience to a global pandemic, but as investor appetite intensifies, price increases could suffer, according to Stephan Ruoff, Head of Schroder Secquaero. After a slight slowdown amid the height of the Covid-19 outbreak earlier this year, the catastrophe bond market has gone…

Convex Group, the specialty insurance and reinsurance company founded by Stephen Catlin, has added another $1 billion dollar of capital from private equity investors, taking its total committed capital base to more than $2.7 billion. Convex launched back in April 2019 with $1.7 billion of initial committed capital. Now, the same investor group and private…

With the important January 1st, 2021 reinsurance renewals fast approaching, priorities for the insurance-linked securities (ILS) market for year-end are expected to include named perils and ensuring alignment amid a hardening environment, according to Michael Millette, Founder & Managing Partner, Hudson Structured Capital Management. His comments came during the opening panel of the third day…

Jutta Kath, formerly of insurance-linked securities (ILS) specialist manager Schroder Secquaero, has been appointed as Chair of ISC Switzerland, the countries branch of the well-known global insurance and reinsurance business community for women. Kath departed from Schroder Secquaero this year and has since launched her own company focused on leadership and motivational coaching, and continued…

Arch Re, the reinsurance underwriting arm of specialty re/insurer Arch Capital Group in Bermuda, has hired Brian Lynch from Aon’s insurance management unit for an operational role focused on insurance-linked securities and retrocession. Arch Re leverages retrocessional reinsurance for its own book and also shares risks with third-party investors through insurance-linked securities (ILS) style structures.…

Twelve Capital, the Zurich headquartered catastrophe bond, insurance-linked securities (ILS) and reinsurance linked investment fund manager, has appointed well-known ILS exec Tony Maximchuk as a Non-Executive Director for its Twelve Capital (UK) Limited operation. Tony Maximchuk was most recently employed by London-headquartered ILS and reinsurance linked asset manager Securis Investment Partners but retired from the…

During the third-quarter of 2020 we teamed up with boutique consulting firm Synpulse to conduct a survey looking at the maturity of environmental, social, and governance (ESG) adoption in the risk transfer, reinsurance and insurance-linked securities (ILS) markets. This was the first environmental, social, and governance (ESG) survey of its kind, looking at how companies…

The South American nation of Brazil aims to develop a legal and regulatory environment to allow for the issuance of insurance-linked securities (ILS) in the country, but its regulator Susep is calling for the local insurance and reinsurance sector to embrace transparency to support these ambitions. As we explained back in August, a consultation process…