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Florence under a $5bn insured loss: Credit Suisse ILS

Hurricane Florence may cost (re)insurers between $4.5bn-$4.8bn, according to an estimate from Credit Suisse Insurance Linked Strategies.

RMS’s Shah sets up new InsurTech venture

RMS co-founder Hemant Shah has launched Archipelago Analytics with AIG's Madhu Tadikonda and Anthony Siggers from Willis Towers Watson.

3,000 jobs threatened after Marsh-JLT deal

MMC said a “substantial portion” of the $250mn synergies that it expects the tie-up to generate will come from job cuts.

Lloyd’s syndicate seeks collateral clawback after loss creep

Tokio Marine Kiln confirms it is not among the syndicates that faced a lack of collateral to respond to reinsurance claims.

• Stier to join Guy Carp retro team
• Continental reinsurers lead reinsurance for Carolinian insurers
• Enstar and Stone Point to hold on to StarStone and Atrium
• MMC to acquire JLT in £4.9bn deal
• AIR: Florence wind/surge losses to reach $1.7bn-$4.6bn
• JLT culture will be maintained under MMC: Burke

Opinion

Several themes discussed at this year’s Rendez-Vous threaten to bust reinsurers' navel-gazing habits

Sourcing ILS capital support is really only the start of a renovation process

Is more change yet to come?

A one in 700 year risk may sound incredibly unlikely, but beware of model fallibility

Analysis

Reframing ILS: the ESG angle

A growing focus on climate change, as well as the increasing breadth of the ILS market, means that investors are considering the argument for ILS as an ESG investment, as well as a diversifier.

ILS likely to avoid California wildfire hit

California has suffered another record-breaking wildfire season but the impact on the ILS market is likely to be marginal, sources have said.

2018 loss creep: how have ILS managers fared?

Almost 30 percent of the ILS funds tracked by the Eurekahedge ILS Advisers index recorded losses in the first half of 2018, with an average loss among this group of 2.82 percent, the index providers told Trading Risk.

Trading Floor Interview: Covea

Covea’s reinsurance buying team say they value the face-to-face relationship with cat bond investors.

Supplements

Investor Guide to ILS: H2 2018

The ILS market has quickly stabilised after last year’s catastrophe losses – but the fallout from Hurricane Irma has continued to push claims higher.

Trading Risk Awards 2018

Ten years ago, amid the turmoil of the global financial market crisis, the first Trading Risk awards ceremony was held.