-
Courts in Bermuda and the US approved the move, which had earlier been subject to investor litigation. -
There were 220 trades in the secondary market in Q4, as aggregate and Florida bonds were less liquid.
-
Talks between the regulator and practitioners are ongoing, with the market picking out several key threads that could assist local transactions.
-
Coca Cola has downsized its ILS holdings almost every year since 2017.
-
The reinsurer said it was anticipating increased volume for catastrophe bonds and collateralised reinsurance this year.
-
Combined with a challenging fundraising landscape that is likely to have led to investors cutting more deals, 2022 will be a year of fiscal pressure.
-
The impact on different perils should be distinguished, the advisory firm noted.
-
The flagship Atropos fund reached $1.4bn while its cat bond strategy is sized at $831mn.
-
Resilience bonds attempted to link up financial goals that proved to be too mismatched.
-
The ILS fund has roughly doubled in size in a year, after receiving further funds from new and existing investors.
-
Many investors are in a “hold and assess” pattern on ILS, but some changes in the broader landscape could be more positive for the industry.
-
There are two strands to the investor response to ILS climate-change issues, the consultant said.
