The Market

Macroeconomics continues to drive inflows

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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 is at a ten-year low. Stock...

Monte Carlo 2018

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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. ...

July 2018 market data

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

April 2018 pricing data

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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 the current state of...

Another five charts

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'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...

Privatising US flood insurance

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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 Khare is...

January 1 2018 pricing data

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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 to resist the pressure from the...

Five more charts

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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 have highlighted the highly skewed...

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...