Market is booming for insurance-linked securities known as catastrophe bonds.
Tag: insurance-linked securities
Brit Announces Launch of New Lloyd’s ILS Fund
Global specialty insurer and reinsurer Brit has announced the launch of a new Lloyd’s of London focused insurance-linked securities (ILS) fund, Sussex Specialty Insurance Fund (SIF). Brit states that the new fund offers ILS investors access to Brit Syndicate 2988 and that it is the first fund structure of its type to offer access to… Continue reading Brit Announces Launch of New Lloyd’s ILS Fund
Artex Completes Acquisition of ILS Specialist, Horseshoe Insurance Services Holdings Ltd.
Artex Risk Solutions today announced that it has completed the purchase of Horseshoe Insurance Services Holdings Ltd. This acquisition significantly strengthens its insurance-linked securities (ILS) operations and furthers the company’s goal to become the best service provider to the world’s risk capital. Horseshoe will become the global brand of ILS services for Artex, which will… Continue reading Artex Completes Acquisition of ILS Specialist, Horseshoe Insurance Services Holdings Ltd.
Global Reinsurance Market Survey Results Show ILS Usage to Rise
The second global reinsurance market survey conducted by Artemis and Reinsurance News reveals an expectation for more pronounced and more broad price momentum at the key January 1st renewals, while use of insurance-linked securities (ILS) is once again expected to rise. The results of our 2019 global reinsurance market survey reveal a more optimistic pricing… Continue reading Global Reinsurance Market Survey Results Show ILS Usage to Rise
Third-Quarter Non-Life ILS Capacity at Near-Record High of $27.3B
The value of non-life capacity issued and outstanding at the end of the third quarter was at a near-record high of $27.3 billion, exceeded only by the year-end figure of $27.8 billion for 2018, according to the new ILS Market Update from Willis Re Securities, part of Willis Re, the reinsurance division of Willis Towers… Continue reading Third-Quarter Non-Life ILS Capacity at Near-Record High of $27.3B
ILS Market Slow to Return to Normal: Willis Re
The insurance-linked securities (ILS) market declined year-on-year in the second quarter of 2019, with just below $1.7 billion of non-life ILS capacity issued through 11 cat bonds, down from $6.2 billion and $4.0 billion in Q2 2017 and 2018 respectively. That made the recent quarter the second-lowest second-quarter for issuance by volume in the past… Continue reading ILS Market Slow to Return to Normal: Willis Re
ILS Market Slows Further in Q1
Growth of the Insurance-linked securities (ILS) market continued to slow in the first quarter of 2019 following the reduction seen in Q4 2018. Slightly more than $1.1 billion was raised through non-life catastrophe bond issues, compared with an average of $1.8 million over the most recent six first quarters, the lowest during the period, and… Continue reading ILS Market Slows Further in Q1
A Record $1.6 Billion in ILS Capacity Issued in 3Q: Willis Re
A record-high $1.6 billion of non-life Insurance-Linked Securities (ILS) capacity was issued in Q3, 2018, highlighting the continued enthusiasm for ILS amongst issuers and investors. The total exceeds the former Q3 record of $1.4 billion achieved in 2013, and is well ahead of the five-year average of $800 million, according to the new ILS Market… Continue reading A Record $1.6 Billion in ILS Capacity Issued in 3Q: Willis Re
Evolution of ILS As An Established Asset Class Continues Its Momentum While Facing Next Sage of Development
End investors, Insurance-Linked Securities (ILS) funds, and buyers – the three groups active in ILS – have predominantly weathered 2017 loss activity with a view that reinsurance products backed by ‘alternative’ capital have become mainstream, according to a new Global ILS Market Survey by Willis Towers Watson, the global advisory, broking and solutions company. The… Continue reading Evolution of ILS As An Established Asset Class Continues Its Momentum While Facing Next Sage of Development
Markel to Acquire ILS Manager Nephila Holdings Limited
Markel Corporation and Nephila Holdings Limited announced that they have entered into a definitive agreement for Markel to acquire all of the outstanding shares of Nephila. Nephila is the pre-eminent insurance-linked securities manager in the world. Nephila brings deep and long-term investor relationships, tremendous energy, creativity and innovation in matching investor risk appetites with client… Continue reading Markel to Acquire ILS Manager Nephila Holdings Limited