Trading Risk September 2017

Average ILS fund returns reached 2.23 percent by the end of July, according to the Eurekahedge ILS Advisers Index.

Managers of Bermudian special purpose insurers (SPIs) are taking steps to upgrade their vehicles to Solvency II-equivalent structures, following the introduction of new German regulations last year that made it more difficult for non-European reinsurers to conduct business in the country.

The largest component of Harvey's damage will stem from flooding in the Houston area, so who is going to take those losses?

The Prudential Regulation Authority (PRA) is due to issue rules based on its interpretation of the UK's recently published ILS regulations at the end of this month or in early October.

The major Australian insurers disclosed further information on their reinsurance claims this year following several major storms and a New Zealand earthquake.

Hurricane Harvey will impact reinsurer earnings but is unlikely to spur a reversal in softening pricing, analysts said.

The four leading modelling agencies - RMS, Air Worldwide, Karen Clark and CoreLogic - broadly agree wind-driven insured losses from Hurricane Harvey will fall in the low billions of dollars.

The major continental carriers and dominant catastrophe writers are likely to be among the key reinsurers of the regional and specialist insurers exposed to Hurricane Harvey claims.