The Lloyd’s legacy business has been placed up for sale, along with other units....
State Farm exploring ‘mega cat bond' issuance
The carrier currently has $1.15bn of Merna Re cat bond limit on risk. State Farm is exploring the potential for a mega-size cat bond issuance, sources have told Insurance Insider ILS...
The carrier currently has $1.15bn of Merna Re cat bond limit on risk. State Farm is exploring the potential for a mega-size cat bond issuance, sources have told Insurance Insider ILS...
Article / 2 days ago
Nephila among ILS funds hedging active wind forecasts with ILW buys
Increased ILW purchasing reflects cash-rich funds looking to protect return levels....
Increased ILW purchasing reflects cash-rich funds looking to protect return levels....
Article / 3 days ago
PFZW's ILS allocation drops 9% in Q1 to $8.3bn
ILS returned 3.2% for the scheme in the first quarter. PFZW's allocation to ILS shrank by 9% in dollar terms in the first quarter to EUR7.7bn ($8.3bn) from EUR8.2bn...
ILS returned 3.2% for the scheme in the first quarter. PFZW's allocation to ILS shrank by 9% in dollar terms in the first quarter to EUR7.7bn ($8.3bn) from EUR8.2bn...
Article / 7 days ago
Zenkyoren secures $150mn of Japanese quake coverage
The final pricing has settled toward the midpoint of the initially guided range of 225-250bps....
The final pricing has settled toward the midpoint of the initially guided range of 225-250bps....
Article / 8 days ago
Swiss bank Bonhôte allows for ILS allocation within ESG fund
The new global bond fund can take a ‘marginal allocation' to cat bonds. Swiss bank Bonhôte has launched a Global Bonds ESG fund that will allow for a marginal allocation to cat bonds....
The new global bond fund can take a ‘marginal allocation' to cat bonds. Swiss bank Bonhôte has launched a Global Bonds ESG fund that will allow for a marginal allocation to cat bonds....
Article / 9 days ago
No ‘silver bullet solution' as ILS managers grapple with trapping issues
Managers have tightened buffer terms and added extension spreads to enhance illiquid strategies....
Managers have tightened buffer terms and added extension spreads to enhance illiquid strategies....
Article / 10 days ago
ART Bermuda withdraws from ILS fronting
The firm, one of three major reinsurance fronts, said it would manage run-off in an orderly way...
The firm, one of three major reinsurance fronts, said it would manage run-off in an orderly way...
Article / 14 days ago
Baillie Gifford's ILS allocation surpasses £200mn
The platform's ILS holdings comprise cat bonds and UCITs funds, and were up 8% over January and February....
The platform's ILS holdings comprise cat bonds and UCITs funds, and were up 8% over January and February....
Article / 14 days ago
Nationwide Mutual targets $150mn multi-peril coverage with Aquila Re bond
The bond is the second transaction from the sponsor to target per occurrence coverage....
The bond is the second transaction from the sponsor to target per occurrence coverage....
Article / 17 days ago
American European secures $125mn of bond limit with pricing down 7%
The sponsor's debut cat bond upsized by 25%. American European has priced its debut cat bond transaction Charles River at around 7% below the midpoint of...
The sponsor's debut cat bond upsized by 25%. American European has priced its debut cat bond transaction Charles River at around 7% below the midpoint of...
Article / 17 days ago