
Here are the ten most popular news articles, week ending June 19th 2022, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics.To ensure you never miss a thing or get our email alerts for every article we publish.Where is the giant wall of reinsurance capital? With property catastrophe reinsurance rates having risen by at-least double-digits for many cedents at the renewal seasons so far in 2022, analysts from RBC Capital Markets pose a valid question.
Why aren’t we seeing a wall of capital flood into the space? “Several years” for reinsurance to regain confidence in Florida: KBW The global reinsurance market could take “several years” to regain its confidence in Florida and appetite to underwrite more business there, as uncertainty remains over how effective recent property insurance reforms will be, according to analysts at KBW.Video from ILS NYC 2022 conference.Session 3: Differentiated The third session of the day at our ILS NYC 2022 conference in New York in April saw panellists exploring the availability of diversification opportunities within the insurance-linked securities (ILS) asset class, as well as the maturity of efforts to provide differentiated sources of ILS return.
Florida market in midst of inevitable hard-landing: Elementum’s Rettino Florida’s property insurance market is in the midst of an inevitable hard-landing, but the legislative reforms passed recently are unlikely to go far enough and won’t solve the fundamental problem of litigation, according to Tony Rettino of ILS fund manager Elementum Advisors.Kelvin Re acquired by financial services group Cowen The Guernsey based, Credit Suisse Insurance Linked Strategies supported reinsurance company Kelvin Re Limited has been acquired by New York headquartered financial services group Cowen.Capital to support reinsurers through hurricane season.
Retro still limited: Fitch Capital strength will support global reinsurance firms through the 2022 Atlantic hurricane season, according to Fitch Ratings, but a significant loss or number of major events could make things more challenging, something that the still limited amount of retrocession in the market could exacerbate, it seems.Howden with TigerRisk Capital Markets a “massive opportunity” – David Howden Adding the capital markets and insurance-linked securities (ILS) expertise acquired with TigerRisk Partners into the Howden Group business represents a “massive opportunity”, according to Founder and Chief Executive of Howden Group, David Howden.Canopius in the market for first cat bond, with $75m Finca Re Specialty insurance and reinsurance underwriter the Canopius Group has entered the 144A catastrophe bond market for the first time, seeking $75 million or more in peak US catastrophe reinsurance protection with a debut Finca Re Ltd.
(Series 2022-1) transaction.Megathrust quake aftershock hazard may be underestimated: Temblor According to new research, the insurance, reinsurance and insurance-linked securities (ILS) markets may be underestimating the hazard associated with some earthquake aftershocks.K2 sees cat bonds as stand-out for growth.
Price discipline drives spreads Increased investor price discipline across insurance-linked securities (ILS) and reinsurance linked investments is helping to drive returns higher, but catastrophe bonds are the stand-out as the ILS market segment likely to grow in 2022, according to K2 Advisors.This is not every article published on Artemis during the last week, just the most popular among our readers over the last seven days..
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