Analysis

Browse last 50 articles:

Live from Bermuda – Convergence 2015

Posted by on

In 2017, Bermuda will host the 35th America's cup. The build up to the oldest trophy in international sport is well underway and attracting a...

Pricing update – third quarter 2015

Posted by on

Few reinsurance deals are negotiated in the third quarter, so pricing data is sparse. However, the data from the cat bond and ILW markets indicates...

Car safety – a new paradigm?

Posted by on

Auto premiums account for close to half of global non-life insurance - but cars are about to get much, much safer. Electric cars will be safer...

Monte Carlo 2015 – live blog

Posted by on

This week, Monte Carlo isn’t filled with film stars or Formula One drivers but with reinsurance executives from around the world who have congregated...

Monte Carlo analysis

Posted by on

It’s a business whose prospects have turned for the worse and there is not much we can do about it - Warren Buffett (May 2015) In...

Cyber insurance

Posted by on

Cyber cover is one of the few parts of the insurance market where demand often exceeds supply. As the insurance industry searches for ways to grow,...

Pricing update – second quarter 2015

Posted by on

The latest pricing data shows that falls in reinsurance rates are slowing. For some structures, returns have improved materially since the beginning...

Mergers and acquisitions – the tangled web

Posted by on

It has been a busy few months for M&A in the reinsurance sector. Here are some of the deals that have been making headlines during the last...

The times, they are a changin’

Posted by on

In the final part of a series of articles on the differences between models and reality, Robert Medeiros examines how changes in the US insurance...

First quarter pricing update

Posted by on

The latest Industry Loss Warranty prices from Guy Carpenter indicate that US hurricane rates continued to slip in the first quarter, but recent...

M&A – the long view

Posted by on

Last week's announcement that Endurance will be buying Montpelier was the fifth significant reinsurance deal in as many months. Assured Research,...

Cat bond pricing stabilises – for now

Posted by on

Data from recent deals indicates that catastrophe bond prices have stabilised over the last 12 months. Has the market finally reached the bottom...

Too many terrorists spoil the plot

Posted by on

As spies have become more sophisticated, terrorists have had to find new ways to terrorise people. The public has been surprised to...

Live from New York: SIFMA 2015

Posted by on

The leaders of the global ILS community are braving the New York freeze this week for the annual SIFMA conference. InsuranceLinked will be covering...

Is bigger better?

Posted by on

The sudden burst of M&A activity has dominated the discussions on earnings calls over the last few weeks. Veteran insurance investor, Nick...

One plus one equals?

Posted by on

More reinsurance M&A is forecast for 2015 as traditional players take increasingly radical steps to address the challenging market conditions....

A turbulent year

Posted by on

Insurers are anticipating that 2014 will be the most expensive year for the aviation market since 2001 and global air travel is likely to double...

The fundamental interconnectedness of things

Posted by on

On Saturday, global leaders flew home from the World Economic Forum at Davos where they were debating the big issues of 2015. The increasing...

Do catastrophe models understand insurance?

Posted by on

Catastrophe models are complex but not nearly as complex as reality. A simplistic description of insurance policies limits the accuracy of risk...

Still falling

Posted by on

The second part of our review of pricing levels looks at metrics from the January 2015 renewal season and finds that rates are still falling for...

How much?

Posted by on

A quantitative review of how far cat bond returns have fallen We start the year with a two part review of pricing trends in 2014....

What happened to all the hurricanes?

Posted by on

In just two years (2004-2005) the United States experienced seven major hurricanes. In the nine years since then, not one major hurricane has...

Stuff happens

Posted by on

Robert Medeiros predicts some of the things that the models will get wrong when the next US hurricane happens Modern catastrophe...

A good time to buy insurance shares?

Posted by on

Insurance giant, Travelers, has issued $1.55 billion of catastrophe bonds since 2007 to help reduce its hedging costs. Veteran insurance investor,...

Live Blog: ILS Convergence 2014

Posted by on

This week sees the second ILS Convergence event get underway in Hamilton, Bermuda. InsuranceLinked will be covering the event in a live blog. Billionaire...

Back to the future

Posted by on

Reinsurers and ILS funds are increasingly gloomy as they struggle to see what could save them from further rate deterioration. But this is not...

A tale of two storms

Posted by on

Bermuda was hammered by two tropical cyclones in less than a week, Fay and Gonzalo. But hitting Bermuda was one of the few things the storms had...

Reinsurance returns – lower and lower

Posted by on

The latest pricing data indicates that returns have slipped further for both the cat bond and reinsurance markets The third quarter...

Retail investors – the third wave

Posted by on

A new type of investor - the retail investor - is rapidly becoming a major force in the capitalisation of the reinsurance industry Following...

Cat bonds – not just cheap

Posted by on

A more holistic analysis of cat bond transactions reveals more good news for sponsors. Risk adjusted cat bond yields have reduced significantly...

A Brief History of Cat Bond Prices

Posted by on

An article that we wrote for the September 2014 issue Actuaries Magazine from the Australian Actuaries Institute. Download article The original InsuranceLinked...

The silk road – ILS opportunities in China

Posted by on

There has never been a cat bond in China but it is a leading candidate to be the next big thing in the ILS market. We spoke to Robert Wiest, the...