Monthly Archives: June 2016

News review | June 27 2016

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Zurich-based ILS manager Twelve Capital said that the most significant impact of Brexit on the insurance market will be related to market risk from investment volatility and wider credit spreads rather than market access issues....

News review | June 20 2016

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Zurich Insurance Group AG may increase its offering of insurance that helps protect banks from catastrophic losses like rogue trading and cyber attack by sharing risk with investors. It follows the recently completed $228m Operational Re deal for...

Increased risk of Gulf hurricanes in 2016

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NASA's Dr Tim Hall has run his multi-factor model and read the tea leaves. In 2016, the  chance of landfalling hurricanes in the southern states is significantly higher than the long term average. Mississippi has experienced the greatest...

News review | June 13 2016

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Insurance manager Horseshoe bought IKONIC Fund Services last week. CEO Andre Perez noted that the combined entity would offer a one stop shop for clients that require both insurance and fund related services. The company's 70 employees...

News review | June 06 2016

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Allianz Risk Transfer is sponsoring the $150m Blue Halo Re Ltd. (Series 2016-1) cat bond. The bond's focus is on US peak perils, with the insurer seeking a source of US named storm and US earthquake reinsurance protection from ILS...

The Florida reinsurance market – 2016

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June 1 is the inception date for most contracts in the bellwether Florida reinsurance market. Florida hurricane exposure is the most significant risk to many reinsurance companies and ILS funds. The the mix of catastrophe risk, demographics...