Mexico shows intent with $250m catastrophe insurance renewal
In a positive signal for the continuing use of private insurance and reinsurance capital to support the country’s natural disaster and catastrophe insurance needs, the Mexican government has renewed a $250 million layer of traditional catastrophe protection. As part of the government’s economic plans for 2023, the Mexico Ministry of Finance and Public Credit explained […]
Cedent interest in cat bonds rising, prices to attract investors: Shiv Kumar, GC Securities
The catastrophe bond market is very well-positioned, with cedent interest in utilising cat bonds as reinsurance risk transfer tools on the rise, while pricing has already risen high enough to attract investors to deploy more capital, according to GC Securities Shiv Kumar. Speaking during a Guy Carpenter pre-Monte Carlo briefing, Shiv Kumar, President of the […]
Singapore’s capital market focus for re/insurance development continues
The government of Singapore continues to look to the capital markets to push the boundaries in developing its insurance and reinsurance market, with an ambition to further develop the ability of the sector to tap capital market appetite for risk. In revealing a new growth strategy for the Singapore financial services industry, the Monetary Authority […]
