For the ILS market, perhaps more than any other, the outcome of this year’s high inflation is still to be...
Moody’s downgrades Nationwide’s IFS ratings to A2
Moody’s Investor Services has downgraded the insurance financial strength (IFS) ratings of Nationwide and its P&C affiliates from A1 to A2....
Moody’s Investor Services has downgraded the insurance financial strength (IFS) ratings of Nationwide and its P&C affiliates from A1 to A2....
Article / 20 days ago
Marginal gains theory plays out as cat bond funds proliferate
In a cat bond market of $40bn, the scope for differentiation between strategies is narrow, meaning that managers must leverage the accumulation of small advantages to gain an edge on the...
In a cat bond market of $40bn, the scope for differentiation between strategies is narrow, meaning that managers must leverage the accumulation of small advantages to gain an edge on the...
Article / 20 days ago
XL Bermuda offers wind and quake bond Galileo Re up to $250mn
XL Bermuda is offering a wind and quake index cat bond, Galileo Re, with a target size of $250mn across two tranches, Trading Risk understands....
XL Bermuda is offering a wind and quake index cat bond, Galileo Re, with a target size of $250mn across two tranches, Trading Risk understands....
Article / 23 days ago
Hiscox ILS AuM holds steady at $1.7bn as of 30 September
Hiscox held its ILS assets under management (AuM) at $1.7bn as of 30 September, compared to mid-year, as net capital outflows of $294mn were largely offset by “record returns” in Q3, the firm’s...
Hiscox held its ILS assets under management (AuM) at $1.7bn as of 30 September, compared to mid-year, as net capital outflows of $294mn were largely offset by “record returns” in Q3, the firm’s...
Article / 25 days ago
Pacifica launches EUR150mn cat bond deal Taranis Re
New cat bond deal Taranis Re has been offered to the market by Pacifica, a subsidiary of French insurance group Credit Agricole, this publication understands....
New cat bond deal Taranis Re has been offered to the market by Pacifica, a subsidiary of French insurance group Credit Agricole, this publication understands....
Article / 27 days ago
Q3 results: Delayed benefits for ILS managers from prior-year releases
We have previously warned that 2023 would be a tricky time for ILS managers. Even with stronger prospective underwriting returns this year, it will take time for...
We have previously warned that 2023 would be a tricky time for ILS managers. Even with stronger prospective underwriting returns this year, it will take time for...
Article / 27 days ago
NZ Super Fund shrinks ILS allocation by 5% to $607mn as cat bond holdings grow
The New Zealand Super Fund has decreased its ILS allocation by roughly 5% in US dollar terms to NZ$989mn ($607mn) in the year to 30 June, from NZ$1,028bn the...
The New Zealand Super Fund has decreased its ILS allocation by roughly 5% in US dollar terms to NZ$989mn ($607mn) in the year to 30 June, from NZ$1,028bn the...
Article / 1 month ago
Aon’s White Rock Insurance issues $40mn private cat bond deal
Aon’s White Rock Insurance has issued a new private cat bond worth JPY6bn (US$40mn), a Bermuda Stock Exchange filing confirms....
Aon’s White Rock Insurance has issued a new private cat bond worth JPY6bn (US$40mn), a Bermuda Stock Exchange filing confirms....
Article / 1 month ago
