Monthly Archives: July 2014

News review | July 28 2014

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The New Zealand Super Fund is looking to invest in catastrophe risk insurance due to the sector's cyclical nature and strong liquidity. The sovereign wealth fund has a long-term time horizon and is not slated to start return funds...

Growth of insurance linked funds

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This map show the approximate growth of the main centres for the insurance linked fund industry from 2001 to the end of Q2 2014. Each colour represents a different fund manager. Linear interpolation has been used to estimate AUMs between data points. Click...

The next big thing

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The recent success of insurance linked funds at the expense of traditional reinsurers is just one example of how innovation is changing an old fashioned industry. New technology is having dramatic effects on many parts of the insurance market Harvard...

New review | July 21 2014

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Jardine Lloyd Thompson announced its next Market Re private placement cat bond, which closed at $30m via two separate classes. The new bond, for an unnamed sponsor, provides two-year collateralised catastrophe coverage for North...

Sage advice

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Warren Buffett's warning that those charging inadequate premiums could wind up "getting creamed" has done little to dent ILS investors' enthusiasm. But with Munich Re's latest cat bond offering being withdrawn, are there signs that some...

News review | July 14 2014

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Brazilian investment bank BTG Pactual has announced its plans to buy Bermudan Class of 2005 reinsurer Ariel Re for an undisclosed sum. “Ariel Re is an exceptional business with a strong track record, experienced people, market-leading...

Reading tea leaves

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Seasonal forecasters have offered few useful insights to the reinsurance market, but cat bond traders could use them to gain an edge Hurricanes in the Atlantic are the cause of the world’s largest risk to insured property. Every...

News review | July 7 2014

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Legacy specialist Enstar is understood to be in the early stages of setting up an investment-focused reinsurer. Source say the New York-listed group is in the early stages of work on creating a rated entity to write low volatility...

Seasonal hurricane forecasts

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A number of agencies forecast the number of Atlantic hurricanes that will be formed each year. Many of them also forecast the total energy that will be produced in a season which is a much better predictor of property damage. The Accumulated Cyclone...