Decline in Reinsurance Prices Slowed at January Renewal: Carpenter January 6, 2017 Reinsurance pricing continued trending downward at the Jan. 1, 2017 renewal — across most classes of business and geographies, but...
As Reinsurance Market Evolves, So Must Distribution, Say Experts at Forum December 1, 2016 The flow of so-called alternative capital into the global reinsurance market is continuing, bringing it closer to the “convergence” in...
Mitsui Buys 15% Stake in XL’s ILS Firm, New Ocean Capital October 21, 2016 By Jordyn Holman Mitsui & Co., Japan’s second-biggest trading house, agreed to purchase a 15 percent stake in New Ocean Capital, the asset...
Catastrophe Bond Issuance Down But Returns Up: Aon September 9, 2016 By Sonali Basak Catastrophe-bond issuance slipped to its lowest level since 2011 over the past year as the securities outperformed the S&P 500...
Cat Bonds Match Traditional Reinsurers on Reliability Scale: S&P September 1, 2016 Some traditional reinsurers have asserted that catastrophe bonds are unreliable in terms of paying claims after major events. A new...
Italy Earthquake Unlikely to Trigger 200M Euro Cat Bond Cover: Investors August 24, 2016 A powerful earthquake in Italy on Wednesday is unlikely to force UnipolSai’s 200 million euro ($226 mln) catastrophe bond into...
Soft Prices May Bring Reinsurer Losses when Typical Cat Levels Return: Execs August 23, 2016 By Oliver Suess and Jan-Henrik Förster It won’t take another Hurricane Katrina for reinsurers to face losses from covering the cost of storms and earthquakes. Competitors...
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...
Allianz Expects Blockchain Tech to Expedite Cat Bond Deals June 15, 2016 By Jonathan Gould German insurer Allianz expects the technology underpinning virtual currency bitcoin to encourage trading in catastrophe bonds, which transfer the risk...
Ongoing Soft Market Tops Reinsurers’ Concerns: Xuber Survey June 14, 2016 By L.S. Howard Soft market conditions continue to be the biggest concern for the industry, followed by regulation, competition from third party capital,...