-
The catastrophe retrocession market has grown by nearly 20 percent over the past two years and will deploy a record $9bn of indemnity limit over the course of 2012, Aon Benfield estimates.
-
Trading activity in the industry loss warranty (ILW) market has picked up since 1 August as buyers seek short-term cover for the rest of the year against US hurricane risk as well as European windstorm, Japanese typhoon and other perils, according to JLT Re senior vice president Greg Habay.
-
As Hurricane Isaac bears down on Louisiana, interest in livecat trading has focused on the state insurer's $125mn Pelican Re cat bond, however trading activity has been far lower than during last year's Hurricane Irene when Johnston Re was in the line of the storm, Trading Risk understands.
-
Broker dealer Lane Financial estimated that average premiums in the ILS and industry loss warranty (ILW) market dropped 10 percent during the second quarter
-
The Oak Leaf Re private cat bond placed by Towers Watson Capital Markets (TWCM) has doubled in size at its first renewal, the broker announced today (28 June).
-
With the mid-year renewals in full swing, Trading Risk explores the convergence markets' inexorable march into underwriting reinsurance risk.
-
Industry loss warranty (ILW) prices for peak US wind covers have dropped about 10 percent in June amid continued quiet trading conditions after the month's traditional reinsurance renewals closed smoothly, Trading Risk understands.
-
The first quarter of the year has seen almost $1bn of European windstorm (re)insurance limit placed using Perils industry loss triggers, which brings outstanding capacity at risk using the firm's data to $3.2bn as at the end of March, according to the latest newsletter from the European loss aggregator.
-
The start-up team explain how they are aiming to distinguish their model and where they think the ILS market should be diversifying
-
Industry losses from the Costa Concordia disaster are set to rise past the $1bn mark, putting marine industry loss warranties (ILWs) at risk of paying out
-
Industry loss warranty (ILW) trading has been slow in May as the market concentrates on the key US wind-centric June and July renewals.
-
$30mn of hurricane options have traded on the Chicago Mercantile Exchange (CME) in the largest single order since 2009, taking the value of deals traded on the exchange this year to $45mn.
