Monthly Archives: April 2016

News review | April 26 2016

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Cat bond issuances set a first quarter record in Q1 2016, according to Aon Securities. It revealed that total issuance reached $2.2 billion across ten transactions, representing a new Q1 record for the ILS sector and an increase...

First quarter pricing update

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US ILW prices have held steady since the beginning of the year and secondary cat bond yields finished the quarter at a similar level to 12 months earlier. But talk of the bottom of the market may be wishful thinking as capital continues...

The velocity of money

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The quarterly   In 2015, the growth rate of the specialist insurance linked funds slowed by more than 50% relative to its peak in 2013.     Net of the organic growth produced by positive returns, capital flowed into the specialist...

News review | April 18 2016

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USAA is seeking to raise $150m from a new Residential Re aggregate cat bond, which will broaden its cover closer to the "all natural perils" reinsurance standard. The annual aggregate deal will cover the usual range of Residential...

News review | April 11 2016

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Alternative reinsurance capital grew 12% to $72 billion in 2015, according to Aon Benfield, with collateralised reinsurance credited for much of the increase. The reinsurance broker estimates that total global reinsurer capital,...

News review | March 30 2016

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The California Earthquake Authority (CEA) is set to increase the size of its reinsurance programme with an April placement set to take its total risk transfer to $4.5 billion, but ILS investors have not seen a new catastrophe bond...