Monthly Archives: December 2016

January 1 2017 Pricing Data

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Reinsurance rates are at long term lows and have slipped again at the key January 1 renewal date. Following a stable period, new catastrophe bonds also priced at lower risk-adjusted rates in 2016 compared with 2015. Optimists noted that...

News review | December 19 2016

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Enstar Group has launched "differentiated total return" reinsurer of KaylaRe, with initial capital of $620m, backed by Enstar, investment firm Hillhouse and private equity firm Stone Point Capital. KaylaRe has entered into a 35%...

A near miss and a big opportunity

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Two of the big stories in 2016 were Hurricane Matthew and the rapidly increasing interest in InsurTech. Nick Martin looks back at how close the insurance industry came to the worst loss in its history and how InsurTech may be more of an...

News review | December 12 2016

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The recently completed $200 million Bonanza Re Ltd. (Series 2016-1) catastrophe bond, which secured sponsor American Strategic Insurance Group a slice of named storm and severe thunderstorm reinsurance protection, saw the lowest...

News review | December 05 2016

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American Strategic Insurance is set to close its second cat bond, raising its target $200m from the Bonanza Re transaction as pricing on the deal settled at the lowest end of revised guidance. The class A notes covering both US named...