The Market

Monte Carlo 2017 – live blog

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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 in Monte Carlo. But this year's...

Five charts

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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 the year...

Excess capacity in this year’s Florida market

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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 insurance market, insurers...

April 1 2017 pricing data

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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 record lows, falling by more...

What institutional investors want

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The data shows that institutional investors remain attracted to insurance-linked funds. Investors are looking for modest returns, larger allocations and better ways to educate their stakeholders about insurance-linked securities. Clear Path Analysis spoke to...

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 of their funds in liquid assets. Swiss...

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 rate reductions were less than...

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 opportunity than some people...

Nine unanswered questions of insurance-linked fund strategy: Part two

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This is the second part of the article on the strategic choices made by insurance-linked funds. Click here to read part one. 5. Leverage. Some insurance-linked funds sit on cash, while others use leverage to amplify gains and losses. How much leverage should be employed by insurance-linked funds? Fund returns can be leveraged in different […]