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Tag: insurance-linked securities


Financial, Risk Management

New $18.48m Isosceles deal takes 2022 private cat bond issuance to $738m

December 30, 2022

Via: Artemis BM

Isosceles Insurance Ltd., the Bermuda-domiciled private insurance-linked securities (ILS) and catastrophe bond platform operated by Marsh McLennan and reinsurance broker Guy Carpenter, has completed another private cat bond note issuance, with an $18.48 million Isosceles Insurance Ltd. (Series 2022-H) deal. […]


Financial, Risk Management

Matching cat bond pipeline to investor flows critical after Ian

October 5, 2022

Via: Artemis BM

Insurance-linked securities (ILS) market sources had been forecasting a busy pipeline of catastrophe bond deals for the remainder of 2022 and into early 2023, but at the same time capital raising was not happening as quickly as some would like […]


Geo-Political, Risk Management

US insurers have minimal exposure to ILS and cat bond market – report

September 14, 2022

Via: Insurance Business

US insurers have minimal investment exposure to the insurance-linked securities (ILS) and catastrophe bond market, despite the fact that this asset class has seen significant growth in recent years, according to a new report by AM Best. In its recent […]


Financial, Risk Management

ILS fund market delivers best return since January, in July

September 2, 2022

Via: Artemis BM

Insurance-linked securities (ILS) funds, as a group tracked by ILS Advisers and Eurekahedge, have delivered their best single monthly return of the year since January, with the average return across the group of ILS funds reaching 0.24% in July 2022. […]


Financial, Risk Management

Reinsurance price momentum to continue into 2023: Moody’s

August 24, 2022

Via: Artemis BM

Rating agency Moody’s Investors Service is the latest to forecast a continuation of reinsurance pricing trends, with more rate momentum predicted and additional hardening at the January 2023 renewals. Moody’s believes that the pressures facing reinsurance firms are set to […]


Risk Management, Trends

Cat bond & ILS fund returns demolish benchmarks in 2022

May 12, 2022

Via: Artemis BM

Once again, the insurance-linked securities (ILS) market is demonstrating the value of making investments into relatively uncorrelated assets, as some catastrophe bond and ILS fund strategies have been delivering benchmark-beating returns for the first few months of 2022, against the […]


Financial, Risk Management

Nephila assets slip to $8.6bn, but program cat premiums soar

April 27, 2022

Via: Artemis BM

Assets under management at Markel’s flagship insurance-linked securities (ILS) operation Nephila Capital declined slightly during the first-quarter of 2022, ending the period at $8.6 billion. That’s down $200 million from the end of 2021, but as we explained earlier today […]


Financial, Geo-Political, Risk Management

Coca-Cola pension fund ILS allocation shrinks 9% to $330m in 2021

February 23, 2022

Via: Artemis BM

Global beverage and food giant the Coca Cola Company’s pension fund allocation to insurance-linked securities (ILS) shrank in 2021, dipping 9% which we expect is largely due to the impacts of natural catastrophe losses across the year. The ILS investments […]


Risk Management, Trends

Recent catastrophes open value in insurance-linked strategies: Neuberger Berman

January 28, 2022

Via: Artemis BM

Senior executives at investment specialist Neuberger Berman have highlighted insurance-linked securities (ILS) as an alternative asset class that should be particularly attractive to investors at this time. In an annual update to help guide clients investment decisions into 2022, Neuberger […]


News

Nephila to launch new ILS investor-backed Lloyd’s syndicate

December 21, 2021

Via: Reinsurance News

Nephila Capital, the world’s largest insurance-linked securities (ILS) investment manager, has announced plans for its Lloyd’s specialty syndicate 2358, as the firm looks to provide investors with greater access to the wider specialty insurance market. Set to commence trading in […]


Financial, Risk Management

Loss reserving leads to mixed ILS fund performance in October

December 3, 2021

Via: Artemis BM

Insurance-linked securities (ILS) funds reported a wide range of performance in October 2021, as despite a quiet month for catastrophe losses, previous cat events drove loss reserve adjustments across the market. Overall in October, private insurance-linked securities (ILS) funds, that […]


Geo-Political, Risk Management

Howden calls to unlock $1.5 trillion of pension capital for climate risk

October 21, 2021

Via: Artemis BM

As much as $1.5 trillion of pension fund and private capital could be unlocked to cover climate related risks and perils according to broking group Howden, which is calling on the risk transfer industry to “change insurance for (social) good.” […]


Financial, Risk Management

CATCo retro fund further reduces 2018 wildfire losses

October 15, 2021

Via: Artemis BM

The CATCo Reinsurance Opportunities Fund Ltd., the listed, retrocession focused insurance-linked securities (ILS) fund strategy managed by Markel CATCo Investment Management, has again seen its net asset value (NAV) rise after another reduction in catastrophe loss reserves, this time from […]


Geo-Political, Risk Management

Catastrophe bond issuance still on record pace after Q3: Report

October 1, 2021

Via: Artemis BM

Catastrophe bond and related insurance-linked securities (ILS) issuance continued at record pace through the third-quarter of 2021, with over $2.6 billion of new risk capital issued and the market now well on-track to beat all its records in 2021, according […]


Risk Management, Trends

Investors in Insurance-Linked Securities Seek to Avoid Exposure to Secondary Perils

September 28, 2021

Via: Insurance Journal

Investors in insurance-linked securities are leaning toward structured catastrophe bonds rather than broader ILS instruments to steer away from unexpected losses from secondary perils. At the same time, catastrophe bond investors are accepting lower yields than they did two years […]


Financial, Risk Management

Continuous disciplined institutional ILS capital growth expected: Leadenhall’s Volpi

September 10, 2021

Via: Artemis BM

The insurance-linked securities (ILS) market is expected to continue attracting new investors, leading to continuous growth, while even more investors from around the world are also increasingly getting familiar with the asset class, Lorenzo Volpi of Leadenhall Capital Partners explained […]


News

UK needs “flourishing insurance securitisation market” – TheCityUK

September 7, 2021

Via: Artemis BM

The United Kingdom needs to work with insurance, reinsurance and capital markets participants, as well as regulators, to develop a “flourishing insurance securitisation market”, making the most of the insurance-linked securities (ILS) regulatory regime that was introduced in 2017, according […]


Geo-Political, Risk Management

Climate change(s) irreversible over thousands of years, warns IPCC report

August 9, 2021

Via: Artemis BM

Climate change is running away from us, is the stark warning from the Intergovernmental Panel on Climate Change ‘s (IPCC) Report, which was published today. “Many of the changes observed in the climate are unprecedented in thousands, if not hundreds […]


Financial, Risk Management

ILS fund returns widely dispersed after first-half 2021: ILS Advisers

August 5, 2021

Via: Artemis BM

The return of catastrophe bond and insurance-linked securities (ILS) funds appear widely dispersed after the first-half of the year, as ILS Advisers reported a range of -5.1% to as high as +8%. This once again demonstrates the wide range of […]


Financial, Geo-Political, Risk Management

Catastrophe losses could be 10-20% below average for H1 2021: RBC

July 13, 2021

Via: Artemis BM

A relatively benign second quarter for global catastrophe losses will have been some good news for insurance, reinsurance and insurance-linked securities (ILS) interests after a challenging few years of losses. Analysts at RBC Capital Markets estimate that natural catastrophe losses […]