News Home

Supreme Court FCA ruling could cost Hiscox an additional $68mn

The court’s decision was the final step in a protracted legal battle stretching back to May last year.

Lloyd’s opens London Bridge platform for ILS investor access

ILS investors now have a tax-neutral way of accessing the London market – but capacity will still be strictly controlled.

Supreme Court BI ruling ‘manageable’ for insurers: analysts

But Barclays warns the judgment could result in more substantial loss creep for major European reinsurers.

Vantage hires Staples as specialty reinsurance underwriter

The retro market veteran will join ex-Markel property cat colleague Peta White at the start-up.

• Florida insurance lawsuits wrap up 2020 with second-highest monthly toll
• Elementum launches higher-risk strategy including retro focus
• Kingstone cancels personal lines quota share for 2021
• Aetna offers $200mn Vitality Re life bond to replace maturing cover
• AM Best puts Florida’s Bankers Insurance Group under negative review
• Munich Re scales back Eden Re II sidecar to $235mn

Opinion

Swiss Re's fund launch is a bigger ILS pivot than it may seem

Aon's new cat facility points to ILS ambitions from backers

Lloyd's & ILS: Perfect match on paper, but early years stormy

Swapping out agg risk for tail risk

Analysis

Cat bond volumes rise to new high in 2020

There were nearly twice as many new issuances than in 2019, but margins have remained elevated in the post-pandemic rebound.

Exclusions negotiations divert focus in subdued 1.1 renewals

US cat renewals are outpacing European increases, but as signalled earlier this month, the level of rate hikes has fallen back.

2020: Pandemic curveball leads to ILS pause

Despite reduced capacity, ILS market players have been busy redeveloping their offerings.

Bullish post-Covid hopes reined in as cat rates set for more measured gains

Occurrence retro rates are among the segments where rate pressure is abating, although the outlook remains somewhat opaque in a late renewal.

Supplements

(Re)Connect 2020 - ILS Roundtable

Covid-19 may have been the biggest talking point in the (re)insurance markets this year but arguably, the pandemic is being overtaken by several other factors – ILS market dynamics amongst them.

Investor Guide to ILS: H2 2020

Covid-19 and ILS strategies: locking down diversification benefits.