Reinsurance Capacity Remains Abundant for Mid-Year Renewals: Aon Benfield April 18, 2018 By L.S. Howard Global reinsurer capital continued to rise in 2017, despite the US$136 billion in insured losses from natural catastrophes last year,...
FEMA to Issue First Catastrophe Bond for Flood Insurance Program April 5, 2018 By Andrew G. Simpson In another step shifting risk to private markets, the Federal Emergency Management Agency (FEMA) said it intends to secure additional...
April Reinsurance Renewals Continue Flat Pricing Seen in January: Willis Re Report April 3, 2018 Reinsurance buyers were able to renew loss-free programs at broadly flat pricing levels during the April 1 renewals – continuing...
UK Invests in Natural Disaster Hedge Fund Focused on Insurance for Developing Nations February 26, 2018 By Maiya Keidan and Carolyn Cohn Britain is backing a hedge fund that aims to raise $200 million to give developing countries access to climate risk...
Brit Expands Capacity for Bermuda Sidecar Versutus & Lloyd’s Syndicate 2988 February 15, 2018 London-based Brit Ltd. has renewed and expanded the collateralized reinsurance capacity provided by its Bermuda domiciled sidecar, Versutus Ltd., in...
Aon Securities Structures Largest-Ever Earthquake Catastrophe Bond for World Bank February 7, 2018 Aon Securities, the investment banking division of reinsurance intermediary and capital adviser Aon Benfield, has assisted the World Bank in...
Capital Markets Still Keen on ILS Investments Despite 2017 Disaster Claims: WTW January 29, 2018 The insurance linked securities (ILS) sector is set for another year of growth as the market recovers from 2017’s natural...
Artex Risk Solutions Launches Singapore Office, Led by Pannuzzo from Aon January 29, 2018 Bermuda-based Artex announced the creation of Artex Risk Solutions (Singapore) Pte Ltd., its first office in the region, which will...
Alternative Capital Responds to 2017 Catastrophes with ‘Show of Strength’: Aon Benfield January 11, 2018 By L.S. Howard Hurricanes Harvey, Irma and Maria represented the first real test of the staying power of the alternative capital sector, which...
Armour Raises $500 Million to Create Bermuda Reinsurer, Armour Group Ltd. January 4, 2018 Armour, a Bermuda-based P/C run-off insurance business, announced it has raised up to $500 million to form a reinsurance group...