Monthly Archives: January 2017

2016 fund returns

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2016 saw higher losses and lower returns for reinsurance assets compared to 2015. As catastrophe bond yields fell, the resulting mark-to-market bump improved the performance of those insurance-linked funds that deploy a high proportion...

News review | January 30 2017

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The Hong Kong Office of the Commissioner of Insurance has set out new rules around insurance risk transfer to the capital markets, which stipulate that approval must be required for capital market risk transfer using an SPV, unless...

News review | January 23 2017

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Markel CATCo has revealed an annual return of 8.12% for the ordinary shares of its CATCo Reinsurance Opportunities Fund Ltd. for 2016, despite setting up two loss reserves for hurricane Matthew and the New Zealand earthquake. It...

News review | January 16 2017

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Health insurance giant Aetna has returned to the insurance-linked securities (ILS) market for its eighth Vitality Re transaction, launching a Vitality Re VIII Ltd (Series 2017-1) deal that seeks $200m of reinsurance cover against...

News review | January 09 2017

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The decline in reinsurance pricing moderated at the January 1, 2017 renewal across most classes of business and geographies, as compared to the past three renewal seasons. There was a localised impact on pricing for loss-hit sectors. After remaining...

January 1 2017 Pricing – Part Two

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Guy Carpenter's Global Property Catastrophe Rate-on-Line index fell 3.7% at January 1 2017, compared to 9.0% a year ago. Reinsurance brokers noted that the US market was relatively stable while other territories experienced larger reductions. RMS's...