Category: Analysis

The latest data indicates that between 2014 and 2018 the ILS fund index would have returned 2.2% in a year experiencing an average level of natural catastrophe losses. The same level of annual loss would have generated a return of 5.9% between...

Despite challenging market conditions, investors continue to increase allocations to reinsurance funds. For now, reinsurance seems to be providing relative value compared to other asset classes. The risk premium for high-yield bonds...

If you are steering clear of the yachts, sunshine and champagne, you can still keep up with Hurricane Florence and the latest news from the Monte Carlo Rendez-Vous on the InsuranceLinked live blog. ...

The risk of cyber attacks is one of the few risks where the demand for insurance exceeds the supply. Despite the apparent opportunity, many traditional and alternative reinsurers have been reluctant to embrace this line of business. In this...

Here are four interactive charts that illustrate the state of the market.                                                                                                            ...

12 months ago, a surge of interest in 'InsurTech' prompted a serious case of the FoMOs in many (re)insurance CEOs. This year, that Fear of Missing Out has been replaced by a fear of becoming distracted by unproven, niche technologies that...

Co-authored by Matteo Carbone, director of the IOT Insurance Observatory, and Adrian Jones, a #traditionalindustry guy and InsurTech investor who writes in his personal capacity. The authors’ opinions are solely their own, and only public data...

Following a record-breaking 2017, Tropical Storm Alberto has just kicked off this year's cyclone season by drenching Alabama and the Florida Panhandle. After last year's successful forecast, NASA's Tim Hall has dusted off his ouija board...

Many insurers had a tough year in 2017 and the Lloyd's market was no exception. Not only was the overall performance weak, but the spread of performance between the independently managed syndicates was even wider than usual. Source:...

Brokers reported flat pricing at the Japanese renewals on April 1 while the latest pricing in the catastrophe bond and ILW markets shows the impact of continued capital inflows. The interactive exhibit below shows four charts illustrating...

'Five charts' and 'five more charts' were two of the most read articles on InsuranceLinked so in the spirit of democracy and imaginative titles, here is some more data on M&A and other goings-on in the reinsurance market. Inorganic...

Flood insurance in the US is a mess. While insurers search for ways to grow premiums, they are unable to compete with the National Flood Insurance Program which had accumulated $25 billion in debt before the losses caused by 2017’s hurricanes. Shree...

The final terms of reinsurance contracts due to incept on January 1 kept everyone guessing until the final days of 2017. In the end, the price rises predicted by many reinsurance CEOs proved to be over optimistic as their underwriters were unable...

Reinsurance CEOs were bullish on the pricing environment during the recent Q3 earnings calls. In this update, Nick Martin analyses what is being said about the upcoming January renewal season. Mr...

The influx of 'alternative' capital has meant a qualitative change in the way that the reinsurance market is financed. Events over the summer mean that some structures are being tested for the first time. As anticipated, the the losses...

As the 2017 hurricane season continues to threaten more damage to the eastern United States, the Caribbean and elsewhere, Dr Tim Hall, Dr Richard Dixon and the InsuranceLinked editorial team will continue to follow developments on this...

THIS BLOG IS CLOSED AND INSURANCELINKED'S COVERAGE OF THE @)!& HURRICANE SEASON CONTINUES HERE.     The leaders of the global reinsurance industry spend months each year preparing for September's conference...

This season has been eventful, to say the least. Even though we’re still reeling from Harvey and Irma, and we’re nowhere close to assessing the damage, it’s interesting to step back and estimate the probabilities for some of 2017’s striking...

FROM SEPTEMBER 10 2017 WE WILL BE FOLLOWING HURRICANES HARVEY AND IRMA IN THE MONTE CARLO 2017 LIVE BLOG     The 12-year-long US 'major hurricane' drought is over with the Texas Category 4 landfall of Hurricane...

Deteriorating market conditions have not put off investors who continue to pour money into ILS funds. The AUM of the largest ILS funds grew by $13 billion over the last year. Here are five charts on the current state of the market. 1. In...

It is now late enough in the year to get good readings on the two meteorological conditions that are known to correlate with hurricane activity. NASA's Tim Hall has run his model to predict a 29% higher frequency of hurricanes in Florida...

The Florida peninsula is the most important market for property reinsurance in the world. Each summer, the third most populous state in the union braces itself for another Atlantic hurricane season. In Florida’s esoteric...

The last 18 months has seen a surge in both funding and column inches devoted to InsurTech. Some incumbents have embraced the disruption while other firms are struggling to figure out their first move. Chris Sandilands from Oxbow Partners...

Data from the first few months of 2017 shows that there has been a steep fall in the returns of new catastrophe bonds compared with those issued in the first quarter of 2016. The returns of bonds exposed to US hurricane risk has reached...

Michael Millette is the Founder and Managing Partner of Hudson Structured Capital Management Ltd. Before that, he spent 21 years at Goldman Sachs where he was the Global Head of Structured Finance. In the first part of the interview, he...