ILS News

Catastrophe Bond Issuance Breaks New Q1 Record: Aon Benfield Report

Catastrophe bond issuance for the first quarter reached a record $1.7 billion – higher than any other first quarter issuance in the history of the insurance linked securities sector (ILS), according to a report published by Aon Benfield Securities, the …

Amlin, Hiscox Say They Plan to Remain Independent Amid Flurry of M&As

Lloyd’s of London insurers Amlin plc and Hiscox Ltd. both said they have enough scale to stay independent and see no need to find a buyer amid a flurry of deals in the industry. Both insurers reported lower full-year pretax …

Catastrophe Bond Issuance Reaches Record Levels: Aon Benfield Report

Property catastrophe bond issuance for the fourth quarter 2014 stood at USD$2.1 billion across six separate transactions, contributing to a record annual property catastrophe bond issuance of USD$8.0 billion, according to a report published by Aon Benfield Securities, the investment …

Montpelier Re Launches Blue Capital – Investors’ Asset Management Platform

Bermuda-based Montpelier Re Holdings Ltd announced the launch of Blue Capital, an asset management platform offering a range of catastrophe reinsurance-linked investment products to institutional and retail investors. Montpelier Re’s President and CEO Chris Harris pointed out that the reinsurer …

Sandy to Have Limited Impact on Catastrophe Bond Market: Willis

Superstorm Sandy’s impact the catastrophe bond market is likely to be muted based on current estimates, with little impact on new pricing, according to Willis Capital Markets & Advisory (WCMA). The scope and scale of the storm makes it unlikely …

Capital Markets: A Threat or a Complement for Reinsurers?

Investments from the capital markets in various forms now provide around 14 percent of the total capital dedicated to providing reinsurance – approximately $35 billion [$17 billion in cat bonds] out of $250 billion. The question remains as to whether …

Aon Benfield Report Highlights Growth of Insurance-linked Securities

Catastrophe bond issuance for the last 12 months – June 2011 to  June 2012 – rose to $6.43 billion – an increase of more than $2 billion over the same period in 2011, according to a report issued by Aon …

Insurance-linked Securities Top $2 Billion in Q2: Aon Benfield

The latest report on the insurance-linked securities (ILS) market from Aon Benfield Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield, reveals that “catastrophe bond issuance for the period reached $2.1billion, as investors continued to …

Willis ILS Report: Catastrophe Reinsurance Market Nearing Strategic Shift

A report from Willis Capital Markets & Advisory (WCMA), a unit of Willis Group Holdings, concludes that the “catastrophe reinsurance market may be on the cusp of a strategic shift, with third party capital providers set to take on increasing amounts …

Guy Carp’s July 1 Renewals Report: ‘Plentiful Capacity;” Low Insured Losses

According to a report from Guy Carpenter the July first reinsurance renewals “took place against a backdrop of plentiful capacity,” as capital “has continued to strengthen through the second quarter of 2012, moderating pricing pressures.” Guy Carp noted that, “although …