Insurers Fume at Proposal That May Crimp Private Investments August 16, 2023 By Scott Carpenter Representatives of the multitrillion-dollar insurance industry are hurling criticism at a proposal that could make it harder to invest in...
World Bank Catastrophe Bonds to Provide Mexico with Disaster Cover of $360M August 7, 2017 By Mathew Carr The World Bank Group issued its largest catastrophe bond, providing Mexico with financial protection of as much as $360 million...
Validus ILS Unit AlphaCat Names AQR’s Van der Stichele as Portfolio Manager June 5, 2017 AlphaCat Managers Ltd., the Bermuda-based subsidiary of Validus Holdings Ltd., announced the appointment of Bernard Van der Stichele to the...
ILS Market Continues Growth Trend in Q1 2017: Willis Towers Watson April 26, 2017 Non-life insurance-linked securities (ILS) capital grew again in Q1 2017, continuing the trend from 2016, according to the latest ILS...
April 1 Renewals Saw ‘Disciplined Softening’ with Ample Capacity: Aon & Willis Re April 7, 2017 By L.S. Howard With abundant capacity, aggressive capital market competition and acceptable returns for global reinsurers, it’s no wonder that the elusive bottom...
Cat Bond Issuance in 2017 Could Approach Record Levels: Aon Report January 25, 2017 Total catastrophe bond issuance for calendar year 2016 reached US$5.8 billion – a decrease from US$6.9 billion in 2015 –...
Is Soft Market Bottoming? A.M. Best Points to Some Promising Signs January 10, 2017 By L.S. Howard Some observers believe the bottom of the reinsurance market may be in sight because brokers are having greater difficulty filling...
BRIT Renews, Expands Bermuda-Based SPV Versutus January 9, 2017 London-based Brit Ltd. said it has renewed and expanded the collateralized reinsurance capacity provided by the Bermuda domiciled special purpose...
Reinsurers Can Expect Another Difficult Year, Seeking Price Stabilization: Willis Re January 3, 2017 Despite a 50 percent increase in insured losses from natural catastrophes during 2016, the global reinsurance industry achieved profitable results...
Non-Life Cat Bond Issuance Hits $2.8B During 1H 2016: Willis Towers Watson Report July 12, 2016 Total non-life catastrophe bond market issuance for the first half of 2016 rose to $2.8 billion, according to the latest...