Alternative Capital
The emergence of a $30bn global marketplace for insurance-linked securities has served as evidence of the increasingly prominent role third-party capital now plays in risk transfer. Over the medium to long-term this sector is expected to continue its growth as investors take advantage of the low correlation insurance has with other asset classes. This section brings together Insurance Day’s coverage of alternative capital and the way it is helping reshape global insurance markets.
Swiss Re launches ILS advisory business
New advisory company will allow investors to access Swiss Re’s capabilities in catastrophe bond investment, underwriting and catastrophe modelling
Lloyd’s approved for second London Bridge vehicle
Second protected cell vehicle will expand the type of coverages the London Bridge structure can write and the way obligations can be funded
UK regulator proposes streamlining of ILS approval process
The changes would ‘aid the development’ of the insurance-linked securities sector, the PRA says
Catastrophe bond market hits record $38.2bn volume at end of Q2
Second-quarter issuance of $5.2bn more than offset cat bonds that matured in the quarter and exceeded the 10-year average for the quarter by $1.1bn
Core Specialty closes first Yosemite Re catastrophe bond
US specialty insurer completes reinsurance programme, which includes $495m of catastrophe excess-of-loss capacity
Scor sponsors $240m Atlas bond
Upsized multi-year bond integrates ESG considerations
Brazilian insurance-linked securities present a huge new opportunity
New rules allowing the securitisation of re/insurance risks in Brazil will provide an opportunity for foreign reinsurers to enter the local market
'Active' catastrophe bond market sees issuance up 20% in Q1
First-quarter issuance rises to $3.08bn, driven by new and repeat sponsors, increased deal volumes and spread hardening, Aon Securities reports
Sure inks first catastrophe bond deal
Texas-based reciprocal coastal home insurer secures $150m in storm cover
PRA to encourage new insurance ventures in London market
Regulator to speed up decision making process and address slow ILS market in London
US insurtech Kin closes first cat bond deal
Upsized issuance will provide Kin with $175m indemnity-based cover against losses from named storms and hurricanes impacting Florida
Catastrophe bond market outstanding volume hits record during Q1
Growth in bonds across the board seen, but doubts raised if this can be sustained
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Email Article
All set! This article has been sent to my@email.address.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.