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ILS an influential factor when it comes to 2018 reinsurance rates: Fitch


Alternative capital and the insurance-linked securities (ILS) market is going to be an influential factor when it comes to determining just how much reinsurance and […]

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“Informed” ILS investors willing to increase commitments: Noonan, Validus


Insurance-linked securities (ILS) investors are “informed” and their lack of naivety suggests an expectation of higher rates in 2018, and many investors in the space […]

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Fact vs fiction: BDA and industry respond to ICIJ reports


Hamilton, Bermuda, November 10, 2017—Reportage about hacked data from global law firm Appleby has highlighted the substantial lack of media understanding of offshore investment structures […]

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Investor interest in ILS is higher now than ever before: John Seo


Contrary to the long-held belief (in some circles) that ILS investors would flee from the market following any major catastrophe losses, the response so far […]

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January reinsurance renewals set to be extremely competitive


Reinsurance firms and ILS funds looking to make the most of any increase in rates at the forthcoming January renewal season are likely to make […]

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$9 billion of collateralised retro estimated blown or trapped


Of the $29 billion of total retrocessional reinsurance capacity tracked by broker Aon, an estimated $9 billion, or 31% is collateralised and either completely blown […]

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“Capital elasticity” – the softener of the reinsurance cycle


The entry of the capital markets and their growth into the reinsurance industry has increased the sectors “capital elasticity” resulting in a softening of the […]

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No signs of alternative capital exodus after losses: JLT Re


Following hurricanes Harvey, Irma and Maria the reinsurance and ILS market is expecting to suffer its largest losses in years, for ILS it is without […]

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ILS Bermuda Announces Fifth Anniversary of Successful Bermuda Convergence 2017


On October 18 – 19, a record number of over 350 attendees from 12 different countries arrived at the Hamilton Princess for Bermuda Convergence 2017 – a networking event covering […]

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ILS market responding to losses test, but it’s not ‘the test’ – WTW


The insurance-linked securities (ILS) industry is in response-mode as a result of the aggregation of major losses in the third-quarter of this year. But while […]

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UK ILS rule delay could reduce chance of Jan renewal ILS deals


The UK rules on insurance-linked securities (ILS) were supposed to have come before the Parliament in late September, but this has been delayed by the […]

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Capital market to pay share of $25bn+ Bermudian loss from hurricanes


The Bermuda re/insurance market is expected to face a bill of somewhere around $25 billion from recent hurricane events, with the capital markets set to […]

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ILS to show it’s “an integral part of the system” after hurricanes: JLT Re


As the markets begin to take stock and readjust to the impacts of two of the most devastating hurricanes the U.S. has seen in recent […]

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Bermuda re/insurers paid out $73bn to EU


Bermuda insurers and reinsurers have paid out almost $73 billion in claims to European Union policyholders and claimants over the past 20 years. Of the […]

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ILS Bermuda to host ‘Beyond Convergence’ event in London


For years the term alternative capital and Convergence have been used to describe the capital markets’ ever-increasing participation in the insurance industry.  Today, it is clear that the capital markets […]

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Malta exchange approved to list insurance-linked securities


The Malta Stock Exchange has been approved by its regulators to launch an Institutional Financial Securities Market (IFSM), which would enable any insurance-linked securities (ILS) […]

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ILS Bermuda announces BII ‘Career Pathways’ Scholarship and Education Initiatives


ILS (Bermuda) Ltd. (ILS Bermuda), organisers of Bermuda Convergence 2017 today announced a new education initiative that will provide scholarships for five Bermudian students to work towards an Associate in […]

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Potential for post-event capital lock-up as ILS expands: Guy Carpenter


The need for reinsurance solutions for managing capital and earnings is as relevant as ever in today’s rapidly changing industry, but the increased use of […]

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Convergence capacity continues to grow, although pace slows: A.M. Best


The amount of convergence capacity in reinsurance, so the capital in insurance-linked securities (ILS) funds, reinsurer sponsored third-party capital vehicles such as sidecars and from […]

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ILS investors reload, as ILS fund managers find post-event opportunities


Investors in insurance-linked securities (ILS) and collateralised reinsurance investment funds are reloading in order to provide ILS fund managers with the necessary capacity to take […]

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ILS providing “action oriented” pandemic risk protection: Cory Anger, GC Securities


As capital markets investors become increasingly comfortable and understanding of pandemic risk, third-party reinsurance capital is having an influence at the start, during and after […]

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ILS to continue expansion despite efficient traditional reinsurance: Moody’s


A recent Moody’s survey reveals that property & casualty (P&C) reinsurance buyers don’t expect to increase their use of alternative capital in 2018 in light […]

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Expect ILS sector to be larger post-event: Paul Schultz, Aon Securities


We should expect the insurance-linked securities (ILS) sector and its pool of alternative reinsurance capital to be larger post-major catastrophe events, than before it. As […]

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New cat bond record as 12 month issuance hits $13.5bn


Data from the Artemis Deal Directory shows that catastrophe bond issuance over the 12-month period ending August 31st, 2017 reached a new market high of $13.5 billion, […]

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ILS can help to narrow the flood risk protection gap: Miller, JLT Capital Markets


The insurance-linked securities (ILS) market and providers of capital market backed reinsurance capacity can help with the job of narrowing the flood risk protection gap […]

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Five Charts on ILS Funds – shared by InsuranceLinked


Deteriorating market conditions have not put off investors who continue to pour money into ILS funds. The AUM of the largest ILS funds grew by $13 […]

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ILS has potential in UK longevity & backing annuity deals: Hymans Robertson


Insurance-linked securities (ILS) has potential in helping counterparties to achieve longevity risk transfer and in financing or backing large transactions for bulk annuity insurers, according […]

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ILS market will “continue to grow to new heights” – Swiss Re


Following on from the record period of insurance-linked securities (ILS) activity through the first-half of this year, with a bumper volume of new catastrophe bond risk capital […]

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“Significant expansion” in the ILS market in Q2 2017 – Paul Schultz, Aon


The insurance-linked securities and catastrophe bond market saw a “significant expansion” during the second-quarter of 2017, as a number of factors stimulated record levels of […]

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WTW Q2 2017 ILS Market Outlook: Barbarians at the Gate


The book Barbarians at the Gate came out in 1990 describing the $30 billion KKR leveraged buyout (LBO) of RJR Nabisco. The book almost as […]

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South Korean police pension allocates $30m to LGT ILS fund


According to reports, the Police Mutual Aid Association, a $2 billion pension fund for South Korean police force members, is allocating $30 million to funds […]

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Top 10 ILS managers add $4bn to assets in H1


The top 10 ILS managers lifted their assets under management (AuM) by 8 percent in the first half of 2017, taking the group’s collective capital […]

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Collateralized reinsurance drives alternative capital growth in Q1: Aon


With alternative capital deployed across insurance and reinsurance markets having grown by 6% to $86 billion from the end of 2016 to the end of Q1 2017, […]

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ILS funds move up the rankings, future growth potential clear


Generally, insurance-linked investment fund managers have moved up a ranking of alternative asset managers over the last year, as their assets under management increased propelling […]

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ILS terms & conditions “largely converged” with traditional reinsurance: Willis Re


Insurance-linked securities (ILS) and catastrophe bond investment managers and their end-investors have been working hard to increase their market share in 2017, with pricing becoming […]

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ILS listings on Bermuda BSX up by 16% in H1 2017 to $24.5 billion


The total number of insurance-linked listings of catastrophe bonds, insurance-linked securities (ILS), reinsurance sidecar notes and insurance linked investments on the Bermuda Stock Exchange (BSX) […]

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When investing in ILS, size isn’t everything, says RenRe’s Chris Parry


When selecting an insurance-linked securities (ILS) investment size isn’t everything, and despite reduced returns in the space those that invest now will be in a […]

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42% of Florida Citizens renewal is collateralized markets & ILS funds


A whopping 42% of the limit placed for Florida’s Citizens Property Insurance Corporation’s reinsurance renewal was sourced from collateralized markets and insurance-linked securities (ILS) fund […]

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NFIP reform bills progress, including calls for flood cat bonds


A number of bills aimed at reforming the U.S. National Flood Insurance Program (NFIP), in order to make it a more sustainable system and to […]

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ILS Bermuda announces Keynote Speaker for Convergence 2017 – Dan Gardner


ILS (Bermuda) Ltd., organisers of Bermuda Convergence 2017 today announced the event’s first keynote speaker, Dan Gardner – journalist, writer and consultant.  Mr. Gardner is well known for his invaluable […]

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2017 sets new full-year cat bond record, at $9.14bn of issuance


It’s official. 2017 has now broken the record for full-year catastrophe bond issuance, with new risk capital issued so far already reaching $9.14 billion, according […]

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ILS can be a socially & environmentally responsible investment: Experts


The argument for responsible investment (RI) in insurance-linked securities (ILS) can be seen in both society, with the benefits of insurance protection, and environmental benefits, […]

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Open Protocol (OP) Insurance Working Group publishes Template for Insurance Funds


The Open Protocol (OP) Insurance Working Group has published the final version of the Open Protocol Template and Manual for Insurance Funds, following a public […]

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More pension funds invest in ILS as alternatives allocations rise: Mercer


European pension funds have been increasing their allocations to alternative investments and this looks to have been benefitting the insurance-linked securities (ILS) space, with the […]

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Cat bond issuance reaches $8.15bn in 2017, market hits $29bn record


The catastrophe bond and insurance-linked security (ILS) market has reached another milestone as of the 1st June 2017, with issuance for the year now at […]

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Bermudian SPI’s recorded solid growth in latest set of BMA statistics


Data from the Bermuda Monetary Authority (BMA) reveals that the total assets of special purpose insurers (SPI’s) licensed in the region increased to roughly $34.34 […]

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Report shows London losing reinsurance share


London is at risk of losing its global share and importance in reinsurance to places like Bermuda, a new report has warned. “London Matters — […]

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Cat bond issuance in 2017 overtakes FY 2016, market hits $28bn record


Catastrophe bond issuance in 2017 has already reached $7.14 billion, according to Artemis’ data, which means that the year’s deal volume has already overtaken the […]

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London losing ground in global reinsurance market


London’s share of the global reinsurance market is falling as rivals such as Bermuda and Singapore take more business and the British capital is also […]

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London needs ILS innovation, as reinsurance market challenged: LMG


The London market is increasingly challenged and under pressure, according to a new report from the London Market Group (LMG) and Boston Consulting, with reinsurance […]

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Bermudian SPI’s recorded solid growth in latest set of BMA statistics


Data from the Bermuda Monetary Authority (BMA) reveals that the total assets of special purpose insurers (SPI’s) licensed in the region increased to roughly $34.34 […]

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ILS players look to InsurTech to disrupt the value chain: WTWS


As technology continues to advance and influence industries throughout the world, the risk transfer landscape seemingly has little choice but to embrace and utilise the […]

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BDA launches Bermuda Risk Directory


The Bermuda Risk Directory website (http://www.brd.bm/) offers access to the island’s brokers, as well as insurance, reinsurance, captive insurance, and insurance-linked securities sectors, connecting users to the market’s globally-respected companies. […]

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Robust start to 2017 cat bond issuance, on track for $8bn: Aon Securities


The catastrophe bond market got off to a “robust start” in 2017, with high issuance managing to outpace the maturities in the quarter, suggesting that […]

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ILS sector “firing on all cylinders” but continued innovation required: Willis


The insurance-linked securities (ILS) market continues to impress and broaden in terms of products and perils despite spread levels and margins continuing to decline, which […]

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ILS regulations to be delayed until after UK general election


The UK’s insurance-linked securities (ILS) regulations will have their publication delayed, after Prime Minister Theresa May announced a snap election this week which means Parliament […]

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Will ILS regulations offer UK re/insurance a competitive advantage?


Bringing insurance-linked securities (ILS) to London is clearly a hot topic and an important step for the regulators and facilitators in making London a modern, […]

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Capital ready for a hard market: Ursano


External capital is waiting to pour into insurance securities once a hard market arrives, according to Tony Ursano, president of reinsurance broker and ILS advisory […]

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PCS Launches Global Marine and Energy Solution


Property Claim Services® (PCS®), a Verisk Analytics (Nasdaq:VRSK) business, has launched PCS Global Marine and Energy, its first solution outside the property-catastrophe sector. The new […]

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Bermuda remains ILS world leader


Bermuda continues to be the world leader in the insurance-linked securities market — but new issuance of ILS fell for a second successive year in […]

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Pension funds continue alternatives push in 2016, positive for ILS


The world’s pension funds continued to push more deeply into alternative investments in 2016, as asset classes which offer diversification continue to prove very attractive […]

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Investors seek diversification within alternatives, positive for ILS


Large and institutional investors, such as pension funds, insurers, family offices and endowments, have increased their allocations to alternatives in 2016 and are seeking diversification […]

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Cat bonds an attractive asset for EU insurers in a Solvency II world


Investing in catastrophe bonds is viewed as an attractive investment by some primary insurance companies, with the implementation of Solvency II meaning the assets can […]

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Hong Kong targets ILS as important driver of reinsurance growth


The Hong Kong government’s Financial Services Development Council (FSDC) has said in a report that it sees insurance-linked securities (ILS) as an important driver of […]

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ILS diversification up in 2016, U.S. wind share reduced: Munich Re


Insurance-linked securities (ILS) and catastrophe bond issuance diversification was evident throughout 2016, a year that saw the percentage of U.S. wind issuance reduce substantially from […]

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Sovereign cat bonds can help governments borrow, improve welfare


For sovereign governments, having a source of disaster risk financing and insurance provided by catastrophe bonds can help the government to borrow more on the […]

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Interest rate rise won’t reduce allocation to ILS market: Morgan Stanley


After the U.S. Federal Reserve hiked interest rates in December of 2016 analysts at Morgan Stanley have said that the move wouldn’t result in a […]

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Expect to see more innovative ILS structures in 2017: BNY Mellon


Investment management and investments services banking group BNY Mellon recently explored the prospects for global reinsurers in 2017, and the impact market dynamics could have […]

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ILS News
Press Releases

ILS Bermuda Announces Record Attendance at Bermuda Convergence 2016


On November 9 – 10, close to 340 attendees from 13 different countries arrived at the Hamilton Princess for Bermuda Convergence 2016 – a networking event covering the alternative reinsurance, […]

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Cat funds provide bulk of ILS capacity in 2016, geography varies: Aon


Dedicated catastrophe funds and institutions continue to provide the majority of capacity to the ILS space while hedge funds have also increased their market share […]

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Innovative ILS can address “critical protection gap” – ILS Bermuda leaders


The evolution of the convergence space continues to influence the global insurance and reinsurance industry and this is only the beginning of the market’s transformation, which, along with traditional forms […]

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Markets should focus on collaboration to grow ILS footprint


A recent article in a leading insurance publication suggested that Bermuda had stolen the ILS market from other domiciles, in this case London. But that’s […]

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ILS News
Press Releases

ILS Bermuda: ‘Collaboration and innovation will grow the global ILS market’


ILS Bermuda: ‘Collaboration and innovation will grow the global ILS market’ BSX listings reach 159 securities with market capitalization of $19.2billion Within the last decade, the Bermuda Monetary Authority (BMA) […]

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World Bank looks to cat bonds for other kinds of risk


The World Bank has been helping countries to access the capital markets for catastrophe insurance and disaster risk transfer for over a decade, but now […]

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Qatar Re opens branch in Singapore


Bermudian-based Qatar Re has been granted a licence to operate a branch office in Singapore. The company, which is headquartered in Hamilton, also has branch […]

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ILS can increase efficiencies & reduce costs for reinsurers: Aon


Being able to successfully attract and deploy alternative reinsurance capital can provide reinsurers with some potentially invaluable cost reductions and broader market efficiencies, according to […]

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Alternative capital continues to grow. Bermuda continues to be the domicile of choice.


Insurance-Linked Securities Alternative Markets Find Growth Through Innovation September 2016 Click Here to view this report

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Big ILS funds actively raise capital, collateralised Re focus grows: Aon


The largest insurance-linked securities (ILS) fund managers are actively raising capital at this time, which increasingly will be diverted to collateralised reinsurance as focus on […]

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Bermuda: a safe harbour – Bermuda’s role is the risk transfer world


  Having weathered competitive and recessionary challenges, Bermuda is experiencing a renaissance of sorts. Turbulence and uncertainty in other global hubs are making the industry’s […]

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ILS News
Press Releases

ILS Bermuda announces Industry Keynote Speaker for Convergence 2016 – V.J. Dowling


ILS Bermuda announces Industry Keynote Speaker for Convergence 2016 – V.J. Dowling Hamilton, Bermuda – ILS (Bermuda) Ltd., organisers of Bermuda Convergence 2016 today announced one of the event’s two […]

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ILS a “bright light in an otherwise murky market” – Brent Slade, Horseshoe


Brent Slade, the Chief Operating Officer (COO) of ILS and reinsurance management, servicing, transformation and fronting specialist Horseshoe Group, has underlined innovation in the insurance-linked securities […]

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Reinsurance is on the edge of profitability


Reinsurance firms are on the edge of profitability, with combined ratios rising and an expectation that even an average year of catastrophe losses could tip […]

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Brexit could result in London losing re/insurance business: Fitch


The fallout from the UK’s vote to leave the European Union, or Brexit as it’s more commonly known, could result in lost business for the […]

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ILS market top opportunities & concerns revealed in BDA survey


The evolving insurance-linked securities (ILS) sector continues to present both challenges and opportunities for participants, with respondents to a recent ILS survey highlighting competition as […]

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Straight in at number 1, catastrophe bonds top the charts


Catastrophe bonds may not be for everyone. They’re sophisticated assets and lower returns have reduced their attractiveness for some, of late. But the ability of […]

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ILS industry generates 400 jobs in Bermuda in 2015: new BDA economic impact study of convergence sector


FOR IMMEDIATE RELEASE ILS industry generates 400 jobs in Bermuda in 2015: new BDA economic impact study of convergence sector Hamilton, Bermuda, July 20, 2016—Bermuda’s […]

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Asia shows significant interest in ILS, market set for steady expansion


The insurance-linked securities (ILS) sector and the use of capital market capacity within Asian insurance and reinsurance is set to increase steadily, according to speakers […]

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Does Size Matter? PCS® Q2 2016 Catastrophe Bond Report


OVERVIEW In some ways, 2016 has felt like a parallel catastrophe bond universe. Since we first issued the PCS® Catastrophe Bond Report four years ago, […]

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Convergence of capital markets and reinsurance only just begun


Around twenty years into the convergence of reinsurance and capital markets there is a feeling that the trend is still in its infancy, with the […]

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Post-Brexit uncertainty for re/insurance, low correlation highlighted


As the world digests the ramifications of the UK’s Brexit vote to leave the European Union, the equity analysts are assessing the potential impact to […]

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ILS News

No immediate Brexit hit to ILS market, but structural issues to consider


So, overnight the United Kingdom population has voted in favour of leaving the European Union, in what is to many a surprising result that presents […]

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ILS: Bermuda as the jurisdiction of choice


Bermuda has overtaken the Cayman Islands as the domicile of choice for insurance-linked securities (ILS), according to the October 2015 Willis Capital Markets & Advisory […]

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Catastrophe bonds a vital part of insurers “financial tapestry” – John Doak


The Commissioner of the Oklahoma Insurance Department, John Doak, has underlined the important role catastrophe bonds play in the “financial tapestry” of insurers. A view […]

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ILS News
Convergence 2016

ILS Bermuda Announces Registration Opens for Convergence 2016 and New Venue


ILS Bermuda Announces Registration Opens for Convergence 2016 and New Venue Hamilton, Bermuda – Bermuda Convergence 2016 will be held November 9 -10 at the Hamilton Princess,Bermuda, in the newly […]

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Collateralised reinsurance & ILS could hit $160bn by 2020: LGT’s Stahel


The insurance-linked securities (ILS) and collateralised reinsurance market could more than double in size by 2020, growing from the roughly $70 billion of capacity it […]

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World Bank launches pandemic risk market, backed by cat bonds


The World Bank has launched the “first-ever insurance market for pandemic risk”, the Pandemic Emergency Financing Facility (PEF), which is designed to rapidly disburse capital […]

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Hurricane drought? Not so fast. Bermuda-based research says it’s a climatological myth


BERMUDA — Forgive Bermudians for questioning the existence of a hurricane drought. In 2014, Hurricane Fay lashed the island and its white roofs with 80 […]

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Original Risk – Cats, Boxes, and a Taste for Offshore Energy


Offshore energy could become a large source of original risk. And the reinsurance industry needs growth opportunities. But before taking that next bite, the industry […]

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ILS growth underlines Bermuda’s role as the World’s Risk Capital


Greg Wojciechowski, chief executive officer of the Bermuda Stock Exchange, examines the growing acceptance of ILS by the capital markets and the role that exchanges […]

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Regulatory advances create reinsurance & ILS opportunities in Asia


Advances with insurance and reinsurance regulatory frameworks in China and India are reforming both countries’ reinsurance markets, a move that could provide global reinsurers and […]

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ISO to collect terror event data, help develop terrorism ILS solutions


ISO, a division of Verisk Analytics is working to assist the development of improved terrorism insurance solutions, by collecting, aggregating and analysing data on global […]

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Alternative reinsurance capital grew 12% to $72bn in 2015: Aon


Total global reinsurance capacity declined by 2% last year, standing at $565 billion at December 31st 2015. However, alternative reinsurance capital continued to increase its […]

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ILS News

Important to be invested in ILS to capitalise post-event: Herde, Munich Re


Insurance-linked securities (ILS) investors need to be active with capital deployed in the ILS market both pre and post-event, so they can support cedants capacity […]

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Team effort behind Bermuda’s Solvency II joy


Six years of hard work by the Bermuda Monetary Authority, insurance industry figures and politicians have paid off with the final confirmation that Bermuda has […]

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ILS News

Hybrid balance-sheet, the future of reinsurance


Reinsurance firms operating with a hybrid balance-sheet approach to capital sources, management and funding, are the future of the industry, according to speakers at the […]

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ILS News

Call for Speakers at Convergence 2016


Do you or someone you know have a viewpoint to share with the ILS community? ILS Bermuda is calling for speakers to participate in the popular ‘Bermuda Shorts’ series at […]

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ILS News

ILS and catastrophe bonds are not sub-prime mortgages


The transparency of the insurance-linked securities (ILS) market alongside comprehensive third-party models, and sector sophistication underlines its differences from sub-prime mortgages, according to Aon Securities […]

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ILS News
Convergence 2016

ILS Bermuda Announces Date for Bermuda Convergence 2016


Hamilton, Bermuda – Bermuda Convergence 2016 will be held November 9 -10, in Hamilton, Bermuda ILS Bermuda Ltd announced today. Last November, the Bermuda Convergence 2015 event was hailed a […]

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ILS News

Bermuda’s regulation enhances business opportunities: Brad Adderley


Bermuda’s mature, sophisticated regulatory environment has aided its development into a world-leading hub for reinsurance and insurance-linked securities (ILS) business, and according to Appleby’s Brad […]

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ILS News

An Interview with Brad Adderley, Partner at Appleby (Bermuda) Limited


Brad Adderley is a partner in the corporate department of Appleby’s Bermuda office and has been a member of the insurance team for 20 years. […]

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ILS News

Predictions for 2016: Bill Dubinsky, Head of ILS, Willis Capital Markets & Advisory


The fifth in our series of articles featuring leading figures in insurance-linked securities (ILS) and reinsurance on the market as we move into 2016 features Bill Dubinsky, […]

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ILS Bermuda Deputy Chair Kathleen Faries Named in Power 50


Kathleen Faries, Head of Bermuda – Tokio Millennium Re and ILS Bermuda’s Deputy Chairman has been named amongst Insurance Day’s Power 50. Insurance Day unveiled its Top Influencers for 2016, serving as […]

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ILS News

Reinsurance disruption to continue as finance becomes modular: Oliver Wyman


The insurance and reinsurance industry should expect further disruption as financial sectors with inefficient cost structures and high capital usage face threats from new entrants, […]

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ILS News

BSX chief Wojciechowski on the future of ILS


Global Reinsurance interviews stock exchange chief How big a role has the Bermuda Stock Exchange (BSX) played in the boom of ILS? We have about […]

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ILS News

Original Risk – Tempted by Profitable Growth?


Take a Bite: New Markets, New Lines, New Opportunities With abundant capacity, declining reinsurance rates, and a general increase in competition, the global reinsurance and […]

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ILS News

Cat bond & ILS listings on Bermuda BSX pass $19.2bn at end of 2015


The Bermuda Stock Exchange (BSX) continues to grow the volume of insurance-linked listings of catastrophe bonds, insurance-linked securities (ILS) and insurance linked investment funds on […]

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ILS News

ILS to encompass a broader range of structures and assets: Experts


The global trend for growth of reinsurance and insurance-linked securities (ILS) is set to continue and intensify, as investors increasingly look to sit on both […]

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ILS News

Bermuda wins Solvency II equivalence


In a timely boost to the Bermuda (re)insurance market and as an important vote of confidence in the Bermuda Monetary Authority’s supervisory regime, the European Commission (EC) has declared Bermuda’s […]

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ILS News

UN report highlights significant cost of weather-related disasters


A study conducted by the United Nation’s (UN) highlights the significant cost that weather-related disasters cause across the globe, and with the expectation of more […]

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ILS News

More ILS capacity to enter market than exit post-event: Industry leaders


As the use of ILS capacity has grown within the overall insurance and reinsurance market, the industry has voiced concerns about how investors will react […]

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ILS News

Attracting ILS & cat bonds will be challenging for London: Report


A report published by global accounting firm Grant Thornton in partnership with UK Trade & Investment (UKTI) concludes that London and the UK will find […]

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ILS News

London faces ‘hurdles’ to win ILS business


Bermuda is in a strong position to hold on to its insurance-linked securities business — despite attempts by the City of London to muscle in […]

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ILS News

Tokio Millennium Re launches Capital Solutions unit; increases ILS focus


Tokio Millennium Re, the global reinsurance operations of Tokio Marine & Nichido Fire Insurance Co., Ltd., is increasing its focus on ILS business and advancing […]

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ILS News
Convergence 2015

ILS Bermuda announces Keynote Speaker for Convergence 2015


Hamilton, Bermuda – ILS (Bermuda) Ltd., organisers of the Bermuda Convergence 2015 today announced the event’s keynote speaker will be Jimmy Spithill, helmsman for America’s Cup Oracle Team USA. The […]

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ILS News

Bermuda captured 87% of ILS and cat bonds in 2014


According to data released by ILS Bermuda Ltd., the steering committee of the forthcoming Bermuda Convergence 2015 event, the island captured a huge 87% of […]

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ILS News

ILS Bermuda announces details of Convergence 2015


Hamilton, Bermuda – Bermuda Convergence 2015 will be held November 11–13, at Pier 6 in Hamilton, Bermuda. The newly expanded steering committee of ILS Bermuda Ltd. has been busy planning […]

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ILS News

Bermuda Stock Exchange cat bond & ILS listings near $17.5 billion


Following an impressive 2014 the Bermuda Stock Exchange (BSX) has passed yet another milestone, revealing that a significant $17.462 billion catastrophe bonds, ILS, sidecars and […]

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ILS News

UK should be “at the cutting edge” of ILS: Economic Secretary, Baldwin


The UK continues to make it clear that ILS is firmly on the governmental agenda as Economic Secretary to the HM Treasury Harriett Baldwin said […]

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ILS News

Solvency II likely to be “major development” for ILS market: EIOPA


The introduction of the impending Solvency II insurance and reinsurance regulatory environment is likely to be a “major development” for the insurance-linked securities (ILS) market, […]

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ILS News

Bermuda Builds On ILS Success


Tim Faries, Bermuda Group Head, Corporate and Group Team Leader, Insurance, at Appleby, discusses the importance of Bermuda’s insurance-linked securities (ILS) market to the Island’s […]

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ILS News

Bermuda: Reinsurance Market Capital in Focus


Bermuda: Reinsurance Market Capital in Focus Bermuda is an island the size of Manhattan. As anyone who has ever tried to buy real estate in a big city like Manhattan […]

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ILS News

Third-party & ILS capital to more than double to $150B by 2020: Millette


As the pace of change in the reinsurance market accelerates, there is an expectation that the amount of capital seeking direct access to insurance and […]

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ILS News
Press Releases

ILS Bermuda Announces Date for Bermuda Convergence 2015


Hamilton, Bermuda – Bermuda Convergence 2015 will be held November 11-13, in Hamilton, Bermuda ILS Bermuda Ltd. announced today. Last November, the Bermuda Convergence 2014 event was hailed a major […]

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ILS News

Bermuda stretches ILS market lead


Bermuda is streaking ahead in the global ILS market, with the Island issuing $7.7 billion of during 2014. By comparison Cayman Islands saw only $0.7 […]

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ILS News

Bermuda fund generates 19.7% in first full year


Reinsurance veteran Don Kramer’s latest Bermuda start-up venture has got off to a flying start. In its first full year of operations, ILS Capital Management […]

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News
ILS News

As asset class correlations rise, attraction to ILS & cat bonds increases


Managers of large multi-asset class investment funds are showing signs of concern that correlation levels between asset classes may break down, with their portfolio adjustments […]

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ILS News

A turbulent year


Insurers are anticipating that 2014 will be the most expensive year for the aviation market since 2001 and global air travel is likely to double again […]

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ILS News

ILS Bermuda Unveils Keynote Speaker Erik Wahl


An internationally recognised creative strategist and a #1 best selling business author.  Drawing from his history as both an entrepreneur and an artist, Erik has has delivered his inspiring concepts and breakthrough […]

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ILS News

Cat bonds help California Earthquake Authority to offer rate reduction


The California Earthquake Authority (CEA), the publicly managed residential earthquake insurance provider, is proposing to reduce homeowners rates, as savings made due to catastrophe bonds […]

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ILS News
Education

Retail Investors – the third wave


A new type of investor – the retail investor – is rapidly becoming a major force in the capitalisation of the reinsurance industrySince 2005 there […]

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ILS News

Michael Frith: Insurance Is Big Business


Go to any city in the world, and look for the grandest or most iconic modern building there. Chances are it’s owned by an insurance company. And why is that? […]

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ILS News

Monte Carlo Wrap Up


Every year, the reinsurance conference in Monte Carlo is accompanied by market analysis from key industry observers that sets the agenda for the next year. Here […]

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ILS News

Big is not always beautiful


Interest from small and mid-sized cedants in the use of ILS as a risk transfer mechanism is growing fast and several platforms are now able […]

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ILS News

Innovate & adapt to navigate a reconfigured reinsurance industry: S&P


Innovation and adaptation are two key traits of global reinsurance firms that will succeed in remaining relevant as they navigate what will eventually result in […]

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ILS News

Alternative reinsurance capital and ILS on the rise. Up 18% in the first-half to now $59 billion of reinsurance capital, according to Aon Benfield’s latest estimate.


The amount of alternative capital in the reinsurance marketplace increased by 18% to reach $59 billion in the first-half of 2014, according to Aon Benfield, […]

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ILS News

Competition would be fierce even without third-party capital surge: S&P


The competitive nature of the current global reinsurance market is often blamed on the recent influx of additional capital from third-party and institutional investors, like […]

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ILS News

ILS success seen as a blueprint for attracting business


Bermuda Stock Exchange chief Greg Wojciechowsi has highlighted Bermuda success in attracting insurance-linked securities (ILS) to Bermuda in a prestige European magazine aimed at business […]

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ILS News

Converge or Die


André Perez, CEO of the Horseshoe Group, describes how capital markets are changing the traditional catastrophe reinsurance model. Let us go back to when it […]

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ILS News

Positive for ILS investing: McKinsey says alternatives to keep growing


One of the factors that is responsible for assisting the rapid growth of the insurance-linked securities (ILS) and reinsurance-linked investments market in recent years is […]

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ILS News

Appleby Interview: The global centre for risk management


Having established itself as a global reinsurance market leader for many years, thanks in large part to its regulatory environment, Bermuda is enjoying a boom. […]

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ILS News

Convergence investors: an evolution


We address the changing make-up, focus and expectations of investors in the convergence space as the market broadens and matures. The options for convergence investors […]

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ILS News

Bermuda: a world leader in the insurance linked securities market


Most people’s first thoughts of Bermuda will be of a paradise island that combines turquoise waters and pink beaches with old-style British colonial charm. To […]

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ILS News

Bermuda Funds Industry Deemed A Success


As a result of recent innovations in Bermuda’s Fund Industry, the Island was featured in the Regulatory Compliance Association’s (RCA) PracticeEdge Session on July 23, […]

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ILS News

Nimble and opportunistic


Marc Grandisson, chairman and CEO of Arch Worldwide Reinsurance and Mortgage Group spoke with Bermuda:Re about Watford Re, the company’s work with Fannie Mae and […]

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ILS News

Is water the new wind?


A conversation with Dr Robert Muir-Wood, Chief Research Officer of RMS about why water is the new wind when it comes to hurricane risk. For […]

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ILS News

Buffett Warning Unheeded as Catastrophe Bond Sales Climb


By Caroline Chen June 16th, 2014 Bond buyers are betting more than ever on the mercy of Mother Nature as they seek to boost yields […]

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ILS News

Room to grow as ILS & alternative capital demonstrate staying power


The staying power of insurance-linked securities (ILS) and alternative reinsurance capital still needs to be demonstrated to some of the world’s largest insurers, for whom […]

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ILS News

The ILS ‘explosion’: getting it right


For insurers and investors alike, the right choice of trustee/agent administering the ILS structure is vitally important, as Alex Tsarnas and Erin Courcey explain. For […]

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ILS News

Global leadership in ILS


Bermuda has established a position for itself as the leading global domicile for ILS. Here we receive insights from the diverse set of partners who […]

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ILS News

Cash: ILS growth does benefit Island’s economy


Does the powerful growth in insurance-linked securities actually benefit the Bermuda economy? While questions remain about the job-making potential of a sector that has produced […]

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News
ILS News

Experts Corner — Towers Watson’s ILS Consulting Team Offers Perspectives on the ILS Market


Q&A with Towers Watson ILS consultants Matthew Ball and Todor Todorov With the issuance of cat bonds and insurance-linked securities (ILS) instruments forecast to hit record levels in 2013, the […]

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