ORIGINAL PUBLICATION HERE Countries in Central Asia and Eastern Europe that have been recipients of Chinese investment via projects associated with its Belt and Road Initiative (BRI) should use parametric sovereign cat bonds to insure themselves against the risk of natural disasters. Belt and Road Initiative has created an even greater need for comprehensive protection […]

PUBLICATION ORIGINALE ICI Les pays d’Asie centrale et d’Europe de l’Est qui reçoivent des investissements chinois dans le cadre de l’initiative « Belt and Road » (BRI) pourraient être intéressés par l’utilisation d’obligations souveraines paramétriques pour se prémunir contre les risques de catastrophes naturelles. L’initiative « Belt and Road » a créé un besoin important de solutions de protection […]

ILS tells a compelling ESG story: Carey Olsen

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FULL ORIGINAL PUBLICATION HERE Amid the ongoing expansion of the market for sustainable investment, there’s an opportunity for the insurance-linked securities (ILS) sector to show its alignment with environmental, social and governance (ESG) factors, according to law firm Carey Olsen. Intensified by the wide-ranging effects of the ongoing Covid-19 pandemic, heightened awareness of the complex […]

FULL ORIGINAL PUBLICATION HERE The Asia-Pacific Economic Cooperation (APEC) continues to see the development of a regional catastrophe bond market as positive, highlighting at a recent workshop that cat bonds are a win-win relationship for governments and investors. The workshop last week was convened by The World Bank Treasury alongside the APEC Business Advisory Council […]

Cat bond & ILS coupons should compensate as climate increases hurricane risk: Twelve Capital

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FULL ORIGINAL PUBLICATION HERE Climate change, variability and the expected increases in Atlantic hurricane risk that these factors will drive, is still likely to be compensated for in catastrophe bond and private insurance-linked securities (ILS) coupons, as pricing should rise and consequently returns, in line with the risk, according to ILS manager Twelve Capital. Twelve […]

As mentioned by AON in their Weather, Climate & Catastrophe Insight: 2019  Annual Report, last year brought $232 billion of economic losses from natural disasters whereby only $71 billion was actually insured. It outlined that the world continue to face a fundamental issue of insurance gap, especially in emerging and developing countries, where losses for businesses and governments are only increasing following […]

FULL ORIGINAL PUBLICATION HERE Generali has developed its first Green Insurance Linked Securities Framework, in line with the Group’s sustainability strategy. Insurance Linked Securities are alternative financial instruments allowing for the transfer of insurance risk to institutional investors. This Framework aims to be the first contribution to develop guidelines for Green ILS structures going forward. The […]

Generali develops framework for Green insurance-linked securities (ILS)

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FULL ORIGINAL PUBLICATION HERE Generali, one of the largest global insurance and asset management companies, has recognised the potential for insurance and reinsurance linked investments to have green or ESG credentials and has developed a framework for Green insurance-linked securities (ILS). As a recognised European sponsor of catastrophe bonds, as one of the way’s it […]

FULL ORIGINAL PUBLICATION HERE Despite the fact a catastrophe bond for Jamaica has not yet come to market, after receiving support to pay premiums for the in-development first issuance the Caribbean island nation is already preparing to budget for its future renewal. Jamaica’s government has been working towards sponsoring its first catastrophe bond for at least […]

FULL ORIGINAL PUBLICATION HERE The government of Mexico has returned to the catastrophe bond market with the help of the World Bank and its International Bank for Reconstruction and Development (IBRD), seeking a $425 million or larger slice of parametric earthquake and hurricane disaster insurance from the capital markets through an issue we’ve named IBRD / […]