July 2013/1

The ready availability of retrocession capacity has produced new demand for six-month indemnity programmes from buyers that might normally seek industry loss warranty hedges or to run their portfolios net.

Société Générale is targeting the capital markets with a new longevity risk transfer product that will have a similar structure to cat bonds, according to Asian Investor

The top 10 specialist ILS managers lifted their combined assets under management by 13 percent over the past half-year and now control just over $31bn, according to a new survey by Trading Risk.

The New York Department of Financial Services (DFS) has condemned life insurers' use of "shadow insurance" and called for an immediate national moratorium on new life insurance captives until a full investigation is completed