Insurance

The value of insurance-linked securities (ILS) as a diversification play within asset portfolios is now even higher, as falling government bond yields have made other diversifiers less attractive at a time when ILS is only increasing its value proposition to investors. This is according to Stephan Ruoff, Head of specialist insurance-linked securities (ILS) and reinsurance…

In spite of an expected decline by the end of 2020, the volume of alternative capital in the global reinsurance market is projected to increase by five to 10 percent over the coming years, according to Jérôme Jean Haegeli, Chief Economist at reinsurance giant Swiss Re. During a discussion with Artemis around the launch of the reinsurer’s…

In light of its uncertain but apparent influence on both the frequency and severity of natural catastrophe events, it’s no surprise that climate change is at the forefront of the minds of catastrophe risk underwriters, investors and of course model vendors, but it’s important to remember that this is not the only uncertainty. To close…

Brookfield Asset Management Inc., the giant Canadian headquartered alternative asset manager that has around $575 billion of assets under management, is expanding in the reinsurance space with an annuities strategy through which it expects to secure up to $10 billion of additional float at the start. Brookfield is just the latest of the very large…

Oxbridge Re Ltd., the Cayman Islands based reinsurance firm, is optimistic about the opportunities it will see for its fully-collateralised reinsurance sidecar vehicle Oxbridge Re NS Ltd. The company is also optimistic about the prospects for its reinsurance business, which of course will benefit from hardening rates at renewals over the coming year. Oxbridge Re…

Having already increased the target size of its first catastrophe bond by one-third, Allied World Assurance Company (AWAC), a global insurance and reinsurance company and part of the Fairfax Financial group, has now lifted the target a little more, with the latest marketed size of the 2001 CAT Re Ltd. (Series 2020-1)  transaction now $210…

Hudson Structured Capital Management Ltd., the insurance-linked securities (ILS), reinsurance and transportation investment firm, has increased its stake in specialist tech-focused provider of personal insurance to high-net-worth clients Vault, participating in an acquisition of the company from owner Allied World. Hudson Structured, which enters into insurance and reinsurance investment business as HSCM Bermuda, had been…

While much uncertainty remains around both the ultimate economic and insured loss from the ongoing Covid-19 pandemic, the industry loss appears to be trending lower than initial projections and actually, the re/insurance and insurance-linked securities (ILS) sectors have fared quite well, according to industry experts. During the opening panel of Prospectus 2021, the new annual…