ORIGINAL PUBLICATION HERE The Commissioner of the Oklahoma Insurance Department, John Doak, has underlined the important role catastrophe bonds play in the “financial tapestry” of insurers. A view supported by the increasing volume of ILS capacity utilised within insurers’ reinsurance programmes. Despite the recent rise of the collateralised reinsurance sector, catastrophe bonds likely remain the […]

ORIGINAL PUBLICATION HERE It’s official: Bermuda has Solvency II third-country equivalency, as of today. That means the European Union considers the standard of the island’s insurance regulation to be equivalent to its own. In November last year, the European Commission recommended that Bermuda should be considered as in line with the tough new insurance rules […]

ORIGINAL PUBLICATION HERE In 2015 the Aon ILS Indices, which track the performance of investment baskets of catastrophe bonds, all outperformed a number of comparable fixed income benchmarks, as well as beating the S&P 500 Index, the latest report from Aon Securities shows. No matter how much reinsurance rates have declined and catastrophe bond pricing […]

ORIGINAL PUBLICATION HERE A seasonal round-up of the big stories of 2015. Happy holidays. Twelve tropical depressions As predicted by Tim Hall and others, Atlantic storm activity was slightly below the long term average. None of the storms were sufficiently bad to affect the reinsurance market. The relatively low level of property damage included over $500m of damage from […]

ORIGINAL PUBLICATION HERE Alternative capital continues to grow its presence in the global reinsurance industry, rising by 6% during the first-half of 2015 to $68 billion, while traditional capacity fell by 3%, according to international reinsurer Aon Benfield. Alternative capital’s share of the global reinsurance market’s capacity totalled $68 billion at June 30th, 2015, representing […]

ORIGINAL PUBLICATION HERE ILS Diversified Ltd., a fund-of-funds which invests in the insurance and reinsurance linked investments market via allocations to insurance-linked securities (ILS) funds, has outperformed the wider ILS fund market in its first month of operation. ILS Diversified Ltd. was launched on 1st April by ILS Advisers, the firm behind the Eurekahedge ILS Advisers Index. […]