-
2016 has been a year of diverging strategies for ILS fund managers, with some chasing expansion in specialty reinsurance and others focusing on branching out into new spheres of catastrophe exposure.
-
Albourne Partners senior analyst and partner Michael Hamer said developing a reporting template for insurance funds would be a "win-win" for investors and ILS managers.
-
Markdowns to the Gator Re cat bonds in late November caused average cat bond spreads to spike heading into the end of the year, according to data from RMS.
-
Returns from investing in so-called "deadcat" bonds - transactions that are nearing maturity and face little or no further catastrophe risk - have softened this year, in a reflection of generally tighter ILS market conditions.
-
Fully funded structures and approval timeframes were two of the sticking points that industry participants said needed further work as part of the draft London ILS regulations.
-
Price tightening ratcheted up for the cat bonds marketed in the fourth quarter, as investor demand remained strong with high volumes of transactions due to mature in the coming year.
-
The trend of ILS managers investing in (re)insurance debt could be set to accelerate after two Florida companies raised capital from the sector in recent weeks.
-
Florida Citizens Property Insurance will be looking to replace "a portion" of its expiring $2.16bn of reinsurance in what is shaping up to be a challenging 2017 for the company.
-
What kind of presents might be waiting for the reinsurance market under this year's Christmas tree?
-
ILS prices fell throughout 2016 in response to a decline in issuance volumes, which also drove innovation and an increased appetite for risk.
-
US property cat reinsurance pricing is set to continue sliding in the January 2017 renewals, with additional pressure on the retrocession sector as well, sources told Trading Risk.
-
Scor has expanded its contingent capital facility upon renewal by setting up a new EUR300mn ($319mn) line with BNP Paribas to replace a EUR200mn deal with UBS