Category: The Market

A peek into the world of private catastrophe bonds The catastrophe bond market reached record levels in 2013. Packaging reinsurance risk in bond format has been extremely successful in moving peak insurance risk – in particular...

The surprising return of the sidecar 2014 is shaping up to be an important year for the reemergence of reinsurance sidecars as traditional reinsurers look for ways to dent the growth of the alternative reinsurance industry. In a...

US state's plans could create opportunities for ILS market Florida is a major beneficiary of the burgeoning insurance linked securities industry, which accounts for a hefty slice of reinsurance coverage there. So it is no surprise...

Emerging markets provide risk and reward for the industry Emerging market growth has been the economic headline of the last decade and particularly apparent as the developed world has wallowed in the recessionary mire of recent years....

Bermuda steals the lead in fight for ILS market dominance 12 January 2014 Bermuda leads the world in insurance linked securities, having stolen the domicile of choice from close rival The Cayman Islands last year....

Growth in catastrophe bond market set to continue in 2014? In 2013, the catastrophe bond market saw $7.1 billion of new issuance taking the total amount of outstanding bonds to over $20bn for the first time. But a larger and more...

Alternative insurance impact may be felt at January renewals Many traditional reinsurers may be looking ahead to the New Year with a sense of dread amid predictions that prices will take a battering at the January renewals. Suggestions...

In a report released earlier this week, Munich Re summarized a busy third quarter for the ILS market, which saw a number of noteworthy transactions and trends. The report documented only two instances of non-US perils being brought to the...

Software developer AIR Worldwide recently announced an updated version of its risk-modeling platform, Touchstone, which will improve the intelligence-gathering and analytical capacity of its users. Reinsurance providers have already embraced the...

In its detailed summary of the insurance-linked securities (ILS) market, Aon Benfield Securities documents the surging interest in catastrophe bonds and other alternative risk transfer methods. The aptly titled report, ‘Capital Revolution – ILS...

Despite catastrophe-induced losses in the first half of 2013 that exceeded the 10-year average, interest in the reinsurance marketplace remains robust, even to the point of drawing words of caution from Amlin’s chief executive. In response to the...

In its review of cat bond activity during the second quarter of 2013, Aon Benfield Securities cited the closing of thirteen cat bonds, while sounding a note of optimism in general for this form of alternative investment. According to the reinsurance...

Looking ahead to the post-convergence space, Aon Benfield’s latest report on the reinsurance industry outlines a number of significant changes expected to unfold over the next five years. These changes, according to the report, entitled ‘Post-Convergence:...