Collateralised reinsurance

The state-backed carrier bought two-thirds of its programme in the collateralised market.

The agency said casualty risk was attractive to investors for its low-to-moderate correlation.

The decade from 2010 ran the full gamut of catastrophe loss experience, reminding us that there is no such thing as a "new normal" in the world of ILS.

The firm aims to build on the origination capability of Fleming Re and Accelerant.

One of the ongoing trends within the ILS market over past years has been an increasing demand from existing investors to look for something different within their portfolio.

Just a few months into 2021, the first natural-disaster headlines of the year are already occupying the minds of ILS insurance risk-takers. The snowstorms that brought freezing conditions to Texas will be a challenging event to evaluate for a number of reasons.

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

The deal marks the MGA’s first foray into assuming underwriting risk.

Bermuda-based cedants would cede roughly 70-80 percent of peak cat losses to reinsurers, the body said.

The launch will bring collateralised reinsurance transforming in-house.

The platform aims to improve the liquidity of collateralised reinsurance.

Demand for collateralised reinsurance could rise in June and July if cedants set the right price, the ratings agency said.