Collateralised reinsurance
-
Trapped capital is becoming a more important consideration in pricing of collateralised reinsurance contracts, a report said. -
Continental reinsurers and Lloyd’s pulled back use of collateralised retro but overall reinsurance use of ILS retro rose from 2015 to 2018.
-
The platform was launched by Guy Carpenter in 2017, and this is the first year it has transacted deals.
-
Initial market speculation was that the firm would focus on the sidecar market but it will pursue more of a mainstream ILS offering.
-
The broker also signalled its ambition to offer passive investment portfolios to ILS investors.
-
Firming market an opportunity for the growing ILS fund, according to the analysts.
-
The ILS fund manager reports that the cost of reinsurance via cat bonds is now “painfully expensive” for some cedants.
-
A paper by academics at Hamburg University compared the results of the Swiss Re global cat bond indices against indices from various other sectors.
-
This year’s cover is less than the 2018 cover, which was $2.6bn.
-
The bill still needs to pass two further Senate votes before heading to the state’s Assembly.
-
The stake in Catco’s listed fund held by the Boston-based asset management firm crossed the five percent threshold last week.
-
Lane Financial’s latest report shows the best cat bond returns since 2012/13.
Most Recent
-
GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%
22 November 2024 -
American Coastal targets $100mn of Florida named storm coverage
22 November 2024 -
Allstate pegs October cat losses at $226mn post-tax
21 November 2024 -
Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM
20 November 2024