News Home

Rising Jebi loss toll set to impact ILS managers

The typhoon is said to have hit third layers of some occurrence covers.

Agile and OnRisk target ILS capacity for D&F deals

Lloyd's veteran Richard Foster, previously head of global property at Brit, will lead underwriting at the venture.

Blue Capital to take $10mn Q3 cat loss as Irma creep continues

Blue Capital Reinsurance Holdings expects $10.2mn of losses in Q3 resulting from Irma loss creep, Florence and Jebi.

First Protective’s Frontline cat bond in Michael spotlight

First Protective’s $350mn Frontline Re issuance is the main cat bond that is under watch as a result of Hurricane Michael, sources told Trading Risk.

• Microsoft signs Nephila again to hedge energy supply
• First Protective and FedNat lead exposure in Bay/Gulf counties
• Amundi Pioneer hires Brown to head ILS portfolio
• Victor adds to capital markets team
• CoreLogic increases Michael loss estimate to $3bn- $5bn
• Philippines plans to expand cat cover

Opinion

A certain loss is preferable for many in the industry than the cloud of possible liability

Lime Street’s gloomy pubs can benefit from daylight

Trading Risk view: Broker facilities may attract ILS capital but fee structures must be aligned

Tying up capital will have a knock-on impact to the costs that ILS investors are figuring on

Analysis

Property business still a bright spot in E&S market after 2017 losses

US property excess and surplus lines will benefit from rate increases in 2018 after the segment took the brunt of losses in 2017.

Opportunities open up for private flood market

The US flood market has traditionally been the domain of the publicly backed National Flood Insurance Program (NFIP).

InsurTech targets distribution changes

Distribution and transaction efficiencies have been targets for InsurTech gains but the time for underwriting improvements will come.

JLT Re: overall 2017 loss creep contained despite Irma surprises

Conservative initial loss picks may have helped limit adverse development from the 2017 hurricanes, according to JLT Re.

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.