• X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

September 2014/1

  • ILS funds have been promised a busy pipeline of deals in Q4 following a quiet end to the third quarter, with just one deal in the market ahead of the Monte Carlo Rendez-Vous
  • Aviation rates are poised to rise after a year of heavy losses for the niche insurance market, with Brit Insurance CEO Mark Cloutier predicting rates could increase by up to 50 percent.
  • The Turkish Catastrophe Insurance Pool (TCIP) is set to issue a second Bosphorus Re earthquake catastrophe bond but is looking to switch from a parametric to an indemnity trigger, Trading Risk can reveal
  • Favourable rates pushed the California Earthquake Authority (CEA) to top up its traditional reinsurance cover in August after its $150mn 2011 Embarcadero Re cat bond lapsed at the end of July, sources said
  • Catastrophe bond investors and cedants typically have limited visibility of forthcoming transactions, due to now-repealed US securities law restrictions on general solicitation that have enforced radio silence on participants until a deal is formally launched.
  • One of the questions the reinsurance market has been grappling with over the past year is how to make a "strategic sidecar" work
  • Lloyd's insurers Amlin and Catlin both highlighted the strength of catastrophe rates in comparison to pre-2011 prices in their interim results, despite a significant drop in rates over the past two years.
  • Leadenhall Capital Partners CEO Luca Albertini said that the fund manager's allocation rates on 2014 reinsurance programmes doubled from the previous year's renewals.
  • Arch chairman, president and CEO Dinos Iordanou said that its investment in Watford Re will broaden its offering to brokers and clients, rather than cannibalise existing business.
  • London-based ILS fund manager Securis Investment Partners is launching a new fund that will target the Lloyd's market by providing capital to syndicates, Trading Risk can reveal
  • A number of reinsurers have highlighted new or improved retro purchases in 2014 as one of the ways they are combatting the soft market.
  • Munich Re is in the early stages of marketing a new sidecar to investors that it hopes will be a much larger replacement for the $63mn Eden Re vehicle, Trading Risk understands