CEA leads sponsors of expiring cat bonds in H1
The California Earthquake Authority sponsored over $900mn in catastrophe bonds that will expire next month, leading the table for cedants with...
- Trading Risk / Article / 2 days ago
- www.trading-risk.com
Intra-company mergers round out Florida insurer M&A activity
Six mergers and acquisitions have taken place in the Florida insurance market in the first quarter of 2020, after Demotech warned at the start of the year that it would take a...
- Trading Risk / Article / 2 days ago
- www.trading-risk.com
Sidley: PRA grace period refusal will hurt UK ILS regime
Solvency II constraints regarding collateral “roll over” will continue to adversely impact growth of the UK ILS market, according to the law firm Sidley Austin...
- Trading Risk / Article / 2 days ago
- www.trading-risk.com
AP2 makes ILS gains in 2019
Swedish state pension fund AP2 made a positive return from its ILS investments in 2019, which grew 7 percent in US dollar terms to reach 6.4bn kronor...
- Trading Risk / Article / 6 days ago
- www.trading-risk.com
Lane: ILS rates surge 13% in Q1
Lane Financial’s ILS rate-on-line index jumped 13 percent in the first quarter of this year, as the cat bond segment remains in a hard market, with Lane's analysts arguing that performance during...
- Trading Risk / Article / 6 days ago
- www.trading-risk.com
KKR backs Kilter start-up with $500mn
KKR will invest $500mn of equity funding in Kilter Finance, a start-up led by former Leadenhall deputy CIO Dan Knipe...
- Trading Risk / Article / 7 days ago
- www.trading-risk.com
Accuweather forecasts up to four major Atlantic hurricanes in 2020 season
Tropical storm activity in the Atlantic basin this year will be stronger than average for the fifth year in a row, with up to four major hurricanes pelting the region, Accuweather predicted this week...
- Trading Risk / Article / 7 days ago
- www.trading-risk.com
Arcus takes £7mn hit from Faxai and Hagibis as premium income drops
Arcus Syndicate 1856 reported £7.0mn in losses from typhoons Faxai and Hagibis in 2019 but the syndicate's overall net claims almost halved year-on-year to £48.7mn...
- Trading Risk / Article / 7 days ago
- www.trading-risk.com
Pandemic deals repricing as carriers seek cover
Demand for future pandemic cover has escalated rapidly, with rate rises of between 50 percent and 400 percent being quoted, according to sources...
- Trading Risk / Article / 9 days ago
- www.trading-risk.com
ILS exit terms give market inbuilt delays to prepare for redemptions
Coronavirus has left investors scrambling to free up capital, but within the ILS asset class, given the length of notice periods and other restrictions in place on outflows...
- Trading Risk / Article / 10 days ago
- www.trading-risk.com