ILS to grow, continue to dampen reinsurance market cycle: Swiss Re

Economists at global reinsurance giant Swiss Re expect that alternative capital and insurance-linked securities (ILS) will continue to grow as a sector and will continue […]

ILS: Deep roots on ‘The Rock’

The ILS markets will continue to evolve and flourish with Bermuda front and centre of future development. That was the overall takeaway of the ILS […]

Continued ILS & alternative capital growth expected into 2019

The main rating agencies for the insurance and reinsurance sector all agree that the insurance-linked securities (ILS) market and alternative capital is set to grow […]

ILS Bermuda announces Successful Sixth Year of Bermuda Convergence 2018

On October 3-4, more than 300 attendees from 13 different countries arrived at the Hamilton Princess for Bermuda Convergence 2018 – a networking event covering the alternative reinsurance, insurance-linked securities […]

Bermuda still home to the majority of ILS issuance

Analysis from the Bermuda Monetary Authority (BMA) shows that Bermuda’s position as the domicile of choice for the issuance of insurance-linked securities (ILS) transactions remains, […]

Bermuda remains the ‘rock’ of global reinsurance

Bermuda continues to stand as the rock of reinsurance, according to Kathleen Faries, Head of Bermuda for Tokio Millennium Re. Opening the ILS Convergence conference […]

ILS to take greater share of reinsurance by 2020: Survey results

The insurance-linked securities (ILS) market and alternative reinsurance capital is forecast to take a greater share market of global reinsurance by 2020, suggesting continued expansion […]

‘Key International Hub For Reinsurance’

“Bermuda will continue to be a key international hub for reinsurance despite being challenged in recent years, most recently by tax reform in the United […]

Hurricane Florence takes aim as major storm. What’s at risk?

Hurricane Florence is now forecast to make a direct hit on the United States east coast in the Carolina’s late Thursday night into Friday, with […]

New record shows ILS market has “moved to new level” – Schultz, Aon Securities

A new record for the catastrophe bond and related insurance-linked securities (ILS) market shows that the ILS market has “moved to a new level”, according […]

Duperreault sees huge potential for ILS

As insurance-linked securities head for a record year of issuance, Brian Duperreault has spoken of the huge potential ILS presents for American International Group. He […]

ILS investor appetite uninhibited by recent losses: Swiss Re

Global reinsurance giant Swiss Re has noted the continued and increased appetite of insurance-linked securities (ILS) investors to allocate capital to the sector, despite recent […]

Catastrophe bonds can assist in humanitarian aid financing

Catastrophe bonds are increasingly seen as a financial structure and instrument that could secure and disburse financing for humanitarian response in a more efficient manner, […]

ILS has transformed reinsurance, conquered property cat: S&P

The use of insurance-linked securities (ILS), catastrophe bonds and collateralized reinsurance has transformed the reinsurance market and conquered the property catastrophe space, according to S&P, […]

Thorough testing part of the process for new ILS jurisdictions

There are a number of new domiciles and jurisdictions for locating and housing insurance-linked securities (ILS) transactions coming into view, but they will all have […]

ILS Bermuda Announces John Seo As Industry Keynote Speaker for Convergence 2018

Hamilton, Bermuda – ILS (Bermuda) Ltd., organisers of Bermuda Convergence 2018, today announced that Dr. John Seo, will be the event’s industry keynote speaker featuring a talk titled “ILS, $80B […]

ILS can go beyond nat cat if someone takes the tail: Wallin, Hannover Re

There’s potential for the expanding insurance-linked securities (ILS) market to play a meaningful role outside of the natural catastrophe space, however, on long-term business, someone […]

Bermuda ILS – Progress in leaps and bounds

Sponsors and investors showed continued interest in ILS last year, with record-breaking issuance and over $12 billion of new capital brought to market, and the […]

PCS H1 2018 Cat Bond Market Update

Investors: hybrid approach to employing ILS managers could take off

Two leading institutional investors in ILS said a hybrid approach to allocating to the sector, split between in-house and external management, could become more common […]

2018 ‘the straw that has broken reinsurance camel’s back’: Willis Re

The reinsurance industry found itself in a “disciplined soft market” in the mid-year renewals, broker Willis Re said in its latest 1st View report. It […]

Bermuda leads in ILS innovation

2017 was a record-breaking year for ILS—and Bermuda again led from the front in terms of being both the domicile of choice for the special […]

Bernina Re launched as flagship reinsurer for Credit Suisse ILS team

Bernina Re Ltd. has been established and launched by the Credit Suisse Insurance Linked Strategies Ltd. team as a new reinsurance company, with the goal […]

ILS Bermuda Opens Registration for Convergence 2018 and Kara Swisher Announced as Keynote Speaker

Hamilton, Bermuda – ILS (Bermuda) Ltd., organisers of Bermuda Convergence 2018, today announced that Kara Swisher, Executive Editor of the Recode Decode Podcast and Co-Executive Producer of the Code Conference, […]

Bermuda regulatory sandbox in place by summer: Premier Burt

Bermuda will have an InsurTech regulatory sandbox regime in place by the end of July in the latest sign of the island’s commitment to having […]

Capital markets gain increasing reinsurance influence: Aon

The capital markets are becoming increasingly influential in reinsurance, according to broker Aon Benfield, who recognises that the growth achieved by insurance-linked securities (ILS) specialists […]

ILS as an asset class to offset financial market volatility: Aberdeen’s Brooks

Mike Brooks, head of diversified multi-asset strategies at major investment manager Aberdeen Asset Management, has underlined the attractiveness of investing in the insurance-linked securities (ILS) […]

ILS listings on the BSX reach new high at $28 billion

The Bermuda Stock Exchange (BSX) continues to grow its amount of catastrophe bond and insurance-linked securities (ILS) listings, with a further 44 securities with a […]

Blockchain a potential game-changer, more ILS use-cases to emerge

Blockchain is a potential game-changer for the insurance and reinsurance sector, according to Fitch Ratings, who forecast that the technology will become increasingly embedded in […]

Insurance-Linked Securities – Q1 2018 Update

Bermuda offers managers stability and a blue-chip reputation

Although the Cayman Islands tends to be the default option for most alternative fund managers, there is a good argument for saying that Bermuda is […]

News review | Monday 09 2018

First quarter catastrophe bond issuance saw $3.1 billion in new capital come to market. $1.3 billion of this was for transactions covering Latin America and […]

PCS Q1 2018 Catastrophe Bond Report

Jones & Daley Awarded Scholarships By ILS

ILS [Bermuda] today announced Bermuda College students Bathsheba Jones and Khaleel Daley as the recipients of ILS Bermuda Scholarships enabling them to enrol in the […]

2018 a good time to enter ILS, or increase allocations: Mercer’s Howie

Insurance-linked securities (ILS) remain an attractive and diversifying asset class, and with returns now expected to be higher following 2017 catastrophe events and the subsequent […]

Re/insurers face challenges as they spend their way into the future

Insurance and reinsurance companies face a conundrum. Driven by their need to modernise, innovate, digitalise and generally shift towards technology driven risk transfer business models, […]

Another five charts

‘Five charts‘ and ‘five more charts‘ were two of the most read articles on InsuranceLinked so in the spirit of democracy and imaginative titles, here […]

ILS offered “more competitive terms” than traditional reinsurance: Generali

Insurance giant Generali Group said in its annual report that while it has historically preferred protection from traditional reinsurance sources, in some cases it has […]

Essent nears $360m Radnor Re 2018-1 mortgage ILS issuance

According to Artemis’ sources, mortgage insurance firm Essent Guaranty is nearing completion of a first mortgage insurance-linked securities (ILS) transaction, as it seeks capital markets […]

Resilience of ILS & cat bond market evident in 2017: SIFMA

The insurance-linked securities (ILS) and catastrophe bond market, as well as wider alternative reinsurance capital structures, proved themselves resilient in 2017 positioning them for further […]

FEMA planning mid-year NFIP reinsurance placement, exploring ILS options

The U.S. Federal Emergency Management Agency (FEMA) is planning for a potential mid-year 2018 reinsurance placement for the National Flood Insurance Program (NFIP) and is […]

ILS an important, enabling part of our business: Blerina Essen, myLotto24

Following the successful completion of its latest, more flexible insurance-linked securities (ILS) transaction, myLotto24 Limited’s Managing Director, Blerina Essen, discussed with Artemis the company’s participation […]

SPI’s and ILS drive 2017 re/insurance registrations in Bermuda

Special purpose insurance (SPI) vehicle registrations in Bermuda rose by 41% year-on-year in 2017, as insurance-linked securities (ILS) related activity drove the number of insurance […]

Bermuda greenlights 24 SPI licenses in 2017

The Bermuda Business Development Agency (BDA) has revealed that 24 new licenses for special purpose insurers (SPI) were approved in 2017 – seven more than […]

ILW’s can pave way as repeatable structures to fuel ILS growth: PCS

The use of an industry loss warranty (ILW) structure in inherently complex and rapidly advancing risks, such as cyber and terror, could support the repeatability […]

ILS growth to persist as investors show optimism: Dubinsky, WTWS

Insurance-linked securities (ILS) investors responded to 2017 catastrophe events with growth and optimism and further expansion is expected throughout 2018, with InsurTech offering some potential, […]

Bermuda regulator seeks expanded ILS disclosures

The Bermuda Monetary Authority (BMA) has asked local alternative reinsurance operators to disclose a detailed schedule of contracts written and losses incurred, including within loss-struck […]

ILW’s to ease entry of ILS into cyber risk: Tom Johansmeyer, PCS

In an interview with A.M. BestTV at Artemis’ second ILS conference in New York City, PCS Assistant Vice President (AVP), Tom Johansmeyer, discussed the potential for […]

Disaster risk transfer is critical to protect development gains: World Bank

The World Bank sees the ability of its Treasury to mobilise fixed income capital to fund sustainability as a key piece of its mandate, with […]

Investors response to Q3 cats shows ILS can be relied upon: Klugman, Swiss Re

The insurance-linked securities (ILS) investor base remained calm and orderly during the extremely active 2017 Atlantic hurricane season, and in fact, as hurricane Irma moved […]

Credit Suisse, Catco push top 10 ILS managers to $64bn

Assets under management (AuM) controlled by the top 10 ILS firms reached $64bn at the start of 2018, as Markel said that Markel Catco’s asset […]

World Bank hails investor appetite for “historic” $1.36bn cat bond

The World Bank has hailed the “very strong demand” for its recently completed issuance of $1.36 billion of parametric earthquake catastrophe bonds, to the benefit […]

ILS fund-raising & growth a factor at renewals: Hannover Re

The growth of ILS markets at January 1st 2018 was a factor that meant rate momentum decelerated, as they offered more capacity than a year […]

ILS market value demonstrated, positioned well for future: ILS NYC 2018 speakers

The impressive reaction of the insurance-linked securities (ILS) market to 2017 catastrophe events shouldn’t be a surprise and the marketplace has an opportunity to do […]

ILS Bermuda Convergence 2017

ILS “very much engrained” in global risk transfer: Priebe, Guy Carpenter

The expanding base of insurance-linked securities (ILS) capacity is likely to remain an integral part of re/insurers’ capital structure, and even after the devastating impacts […]

ILS momentum to continue in 2018 as demand persists: Aon Securities

Global catastrophe bond issuance broke records in 2017 and despite the impacts of catastrophe loss events, insurance-linked securities (ILS) market momentum is expected to persist […]

ILS allocations could increase further in 2018: JLT Re

Investor allocations to the ILS sector could increase in 2018 after capacity was quickly replenished following last year’s losses, JLT Re said today in its […]

PGGM ILS portfolio grows to $4.6bn, despite 2017 catastrophes

The insurance and reinsurance-linked investment portfolio of Dutch pension fund manager PGGM grew in 2017, as the asset manager continued to increase allocations to the […]

ILS market issuance & innovation to continue in 2018: Appleby

There is an expectation that the insurance-linked securities (ILS) market will continue to see a brisk pace of issuance, with the volumes of transactions coming […]

Losses Recalibrated- HIM Again, Market Performance Report – Q4 2017

Desire to access new capital suggests ILS role in run-off market: PwC

The expected growth of the global run-off market and the apparent willingness of buyers to access new forms of capital suggests the insurance-linked securities (ILS) […]

Rise Up, A Reinsurance Manifesto

ILS returns written up as losses subside

ILS managers have reduced their estimates of losses taken during the August and September hurricanes, according to figures on the Eurekahedge ILS Advisers Index. The […]

Top ILS managers shrug off losses to post 10% AuM growth

The market’s leading ILS managers grew their assets under management (AuM) by almost 10 percent in the second half of 2017, highlighting the ease of […]

2018 set to be a record year, as ILS replaces lost capital: John Seo, Fermat

2018 is set to be a record year for catastrophe bonds and insurance-linked securities (ILS), according to John Seo of Fermat Capital Management, as the […]

Reinsurance Market Outlook – 2017

Aon Benfield: ILS has come of age

A rush of new capital into the reinsurance sector after the third worst catastrophe loss year in history could have “long-term consequences for the structure […]

BSX ILS listings break records in 2017, reaching $26 billion

Continuing the trend of 2016 and the first-half of 2017, the total amount of catastrophe bond and insurance-linked securities (ILS) listings on the Bermuda Stock […]