-
Swiss Re Capital Markets hopes to attract more institutional investors to back industry loss warranty (ILW) capacity as it mulls setting up a platform to transform the derivative contracts into bond format, managing director Judy Klugman has said.
-
The growth in the collateralised reinsurance market is a trend that is here to stay, according to industry experts at the annual Trading Risk Rendez-Vous taking place today.
-
The cat bond market has shown it is willing to take on more risk as it has matured and gained confidence, Aon Benfield Securities President Paul Schultz said today at the Trading Risk New York Rendez-Vous.
-
Disputes and wording issues over industry loss warranty (ILW) payouts are becoming increasingly common as recent catastrophe losses provide a test of trigger mechanisms, LG Legal partner Antony Woodhouse says.
-
Munich Re, Berkshire Hathaway, PartnerRe, Swiss Re and Top Layer Re (RenRe) are likely to take upwards of one third of the circa $1.75bn deterioration of Zenkyoren's Japan loss estimate, according to reports from sister publication The Insurance Insider.
-
RMS puts Paradex Roke damage at $1.4bn; Perils benefits from private market growth; Greenlight upgraded; Endurance promotes ILS expert
-
Loss compilation agency Property Claims Services (PCS) has placed insured losses from Hurricane Irene at $3.65bn, Trading Risk understands.
-
Loss compilation agency Property Claims Service (PCS) has placed insured losses from Hurricane Irene at $3.65bn, Trading Risk understands.
-
Japanese cooperative Zenkyoren's escalating loss estimate from the Great Tohoku earthquake in March will likely strike the retrocession market hardest, Trading Risk has learned.
-
Modelling firm RMS has published a $2.82bn Paradex index value for the US losses stemming from Hurricane Irene, which is unlikely to trigger Flagstone Re's Montana Re 2010 notes, Trading Risk understands.
-
Private market deals have become the majority base for European catastrophe loss aggregator Perils, the agency said as it released an update on its nascent business in Monte Carlo today.
-
2011 cat losses shook the ILW market. In our regular quarterly review of the sector, Willis Re executive director Henry Kingham looks at the longer-term effects...
