FULL ORIGINAL PUBLICATION HERE Investing in insurance-linked securities (ILS) and other reinsurance linked assets that are broadly uncorrelated with wider financial markets are gaining in appeal, as alternative asset class allocations grow and a focus on ESG quality assets increases. Insurance-linked securities (ILS) and other reinsurance assets, from catastrophe bonds, to ILS funds, sidecars and […]

FULL ORIGINAL PUBLICATION HERE Peru’s earthquake catastrophe bond will make a $60 million partial pay out of its principal to the country after its parametric triggering was confirmed in the calculation agent report, it has now been confirmed to us. This $200 million IBRD CAR 120 Peru quake catastrophe bond, part of the World Bank’s giant Pacific Alliance […]

FULL ORIGINAL PUBLICATION HERE The insurance-linked securities (ILS) market is taking a more thoughtful approach to the way it does business in the wake of recent catastrophe years, while fresh capital is expected to flow in over the coming months, according to Paul Schultz, CEO of Aon Securities. Schultz was speaking this morning in London, […]

FULL ORIGINAL PUBLICATION HERE Investor appetite for the returns of U.S. hurricane risk exposed reinsurance remains strong in 2019 despite recent year’s of losses, as issuance of 144A catastrophe bonds that carry exposure to named tropical storms has reached nearly $2.2 billion so far this year. That’s based on some analysis undertaken by Fitch Ratings […]

ORIGINAL PUBLICATION HERE. PDF VERSION HERE Excellent management of cyclone Fani by the eastern Indian state of Odisha has become a text book example of how to manage natural catastrophes although the government is now faced with the task of post-disaster reconstruction. With low insurance penetration, the question of using capital markets as a means […]

FULL ORIGINAL PUBLICATION HERE Poised to reach new heights in the coming months on the back of bumper year’s of catastrophe bond issuance, the insurance-linked securities (ILS) market is at “an exciting inflection point,” says Co-founder and Managing Director of Fermat Capital Management, John Seo. In spite of the impacts of the catastrophe events that […]

FULL ORIGINAL PUBLICATION HERE Climate change is a factor in the intensity of hurricanes that threaten to strike the east coast of the United States, according to researchers who say that CO2 and greenhouse gases are helping to diminish the wind shear that can act as a barrier to storms. Wind shear along the U.S. […]

FULL ORIGINAL PUBLICATION HERE The decision as to whether Peru’s earthquake exposed IBRD CAR 120 catastrophe bond will payout a portion of the investor principal is expected within 20 days of the magnitude 8.0 earthquake that struck Peru on Sunday 26th May, according to the country’s Finance Minister. Carlos Oliva, the Minister for Finance and the Economy […]

FULL ORIGINAL PUBLICATION HERE The decision as to whether Peru’s earthquake exposed IBRD CAR 120 catastrophe bond will payout a portion of the investor principal is expected within 20 days of the magnitude 8.0 earthquake that struck Peru on Sunday 26th May, according to the country’s Finance Minister. Carlos Oliva, the Minister for Finance and the Economy […]

FULL ORIGINAL PUBLICATION HERE A magnitude 8.0 earthquake that struck Peru yesterday, Sunday 26th May, could trigger the IBRD CAR 120 catastrophe bond, which was part of the Pacific Alliance issuance, with the available data suggesting that a 30% loss of principal should be expected by investors in the cat bond. The magnitude 8.0 earthquake struck Peru […]