ORIGINAL PUBLICATION HERE Terms and conditions associated with reinsurance, retrocession and insurance-linked securities (ILS) renewals, as well as the way you access the risk, are said to have been equally as important as rates at the recent renewal in determining the actual risk adjusted returns achievable. Pricing and rates has of course been a major […]

ORIGINAL PUBLICATION HERE The Philippines, the Asian Development Bank and private market entities are working to develop a parametric disaster insurance pooling facility for Philippine cities to buy protection from, backed by reinsurance and capital markets funding. The Philippine City Disaster Insurance Pool (PCDIP) is being designed by a collaboration between the Philippine Department of […]

ORIGINAL PUBLICATION HERE Insurance technology (insurtech) and insurance-linked securities (ILS) start-up Ledger Investing has successfully completed its first transaction, directly securitizing a portfolio of non-standard passenger auto insurance between an MGA and the AIG-owned ILS fund manager AlphaCat. The transaction is a step away from the more typical property catastrophe risk exposures that are securitized […]

ORIGINAL PUBLICATION HERE Rational Funds said that the launch of the open-ended mutual Context Insurance Linked Income Fund in partnership with Context Capital Partners sees it bringing an ILS strategy with a difference to all investors able to access mutual funds. As we explained earlier this month, mutual fund product provider Rational Funds has teamed […]

ORIGINAL PUBLICATION HERE The alternative reinsurance capital market showed evidence of increasing rationality at the key January 1st 2019 renewals, according to analysts at Peel Hunt, with a “flight to quality” also noted as being underway in some corners of the ILS fund market. The analysts met with underwriters in London and at Lloyd’s recently […]

ORIGINAL PUBLICATION HERE Capital market investors that participate in the insurance-linked securities (ILS) or reinsurance linked investing space are increasingly asking questions about the potential impacts climate change could have on the risk landscape. This is according to Adam Beatty, Managing Director of Nephila Advisors, a division of the world’s largest ILS manager, Nephila Capital, […]

ORIGINAL PUBLICATION HERE The recently renewed Philippines parametric natural disaster insurance cover was completed at $390 million in size, around double the prior year, and the World Bank has confirmed that work is underway to issue a catastrophe bond to extend disaster protection for the country. We covered this renewal back in December, when we […]

ORIGINAL PUBLICATION HERE Longer-term investors in insurance-linked securities (ILS) and reinsurance linked assets are expected to remain committed to the sector despite the impact of losses over the last two years, with a resumption of ILS market growth anticipated once recent losses have been digested. Reporting in its latest Reinsurance Market Outlook, Aon highlights the […]

ORIGINAL PUBLICATION HERE Reinsurance firm Swiss Re continues to expand its parametric risk transfer activities, this time with the launch and backing of the first county-level natural catastrophe index insurance product in China. Swiss Re is backing and reinsuring a county-level index insurance cover for Mao County in Sichuan province, Financial News reported, the first […]

ORIGINAL PUBLICATION HERE Insurance-linked securities (ILS) and insurance-linked investments (ILI) in general have been identified as an example of a Sustainable Development Investment, according to experienced ILS investors Dutch pension fund manager PGGM and pension PFZW. As insurance-linked securities (ILS) and instruments such as catastrophe bonds provide risk capital that responds to the occurrence of […]