• X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

November 2014/1

  • Hannover Re said that the $10.37mn of insurance-linked bonds issued by its Kaith Re vehicle this week relate to a cat bond lite transaction.
  • Peter Gracey is now an operations officer at New Ocean Capital Management, the asset manager formed by XL Group and Stone Point Capital.
  • With fresh data breaches hitting the headlines on a daily basis, cyber risk insurance is becoming increasingly difficult to ignore.
  • The SEC recently adopted new final diligence rules  that require issuers and underwriters of rated asset-backed securities to file third-party diligence reports with the regulator.
  • A group of major reinsurance buyers emphasised their desire to maintain a broad-based panel of counterparties during a panel debate at last month's Trading Risk New York Rendez-Vous.
  • The expansion of Florida domestic insurers (FDIs) is a potential growth opportunity for the ILS market, according to Heritage Insurance chairman and CEO Bruce Lucas.
  • Rising interest rates and a growing ILS market are not mutually exclusive ideas, according to the managing director of global public markets at Tiaa-Cref.
  • Fermat Capital Management has halved its guidance to investors on net potential ILS returns as the market has softened.
  • Fermat Capital co-founder John Seo said ILS funds should not try to mimic the reinsurance model because they would not be able to "outdo Munich Re or Swiss Re at their own game".
  • Writing too many multi-year contracts could lead Standard & Poor's (S&P) to reassess a reinsurer's competitive position, the ratings agency has warned.
  • Everest Re increased its reinsurance premiums written by 20 percent to $1.3bn during the third quarter, as its Mt Logan Re sidecar reached $404mn of third-party capital.
  • Lloyd's Lutine to increase line size; Credit Suisse to set up Lloyd's sidecar; Amlin completes Leadenhall buy-in; Bespoke targets for Secquaero