Tokio Millennium Re sale leaves opportunity in fronting market
Tokio Millennium Re’s agreed sale to RenaissanceRe will open up an opportunity for competitors to enter the fronting market...
- Trading Risk / Article / 5 months ago
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Nephila’s valuation sets aspirational benchmark for ILS managers
Two M&A deals in the ILS sector in the past month provide a contrasting view on what kind of acquirers may step forward in the future...
- Trading Risk / Article / 5 months ago
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The RenRe-TMR deal shows why ILS managers are acquiring rated paper
The world of so-called collateralised reinsurance has always been a bit of a misnomer as significant volume is transacted behind several rated fronts...
- Trading Risk / Article / 6 months ago
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Jones: insurer consolidation greater risk to ILS market
Primary insurer consolidation poses more risk to the reinsurance sector than the merging of insurers and reinsurers, Scor’s Adrian Jones said...
- Trading Risk / Article / 6 months ago
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Bermuda teams may also be a focus of JLT-MMC contention
The two firms both have large offices on the island, which could create overlap...
- Trading Risk / Article / 6 months ago
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Whitt: Markel to boost Nephila’s reach
Moving a step away from short-tail risks could be on the agenda after the insurer's takeover of the ILS giant...
- Trading Risk / Article / 7 months ago
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ILS tie-ups raise prospect of reinsurance disintermediation
Recent M&A deals point to the prospect of the ILS market disintermediating the reinsurance channel in future, said KBW analyst Christopher Campbell...
- Trading Risk / Article / 7 months ago
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Nephila sale likely to fast-track insurance roll-out
Nephila’s sale to Markel is likely to accelerate the ILS manager’s push into primary insurance by bringing it closer to one of its key fronting partners as well as a carrier with distribution reach to the ultimate...
- Trading Risk / Article / 8 months ago
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Is more change yet to come?
If you rewind to Monte Carlo a decade ago, Nephila and other ILS managers were merely an exotic corner of the reinsurance markets...
- Trading Risk / Article / 8 months ago
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Small pool of independent ILS managers left after Nephila’s sale
Many ILS entrepreneurs have already successfully cashed out...
- Trading Risk / Article / 8 months ago
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