Moody’s turns positive on reinsurance, with deepening alternative capital partnership
Rating agency Moody’s has shifted its outlook on the global reinsurance sector to positive citing the improvement in risk/return dynamics in the market and saying it anticipates continued strong profitability if major losses remain absent, while also saying property reinsurance rates are expected to remain elevated. At the same time, the rating agency highlights the […]
ILS fund index delivers strongest July performance ever
The broad benchmark index for insurance-linked securities (ILS) funds, the Eurekahedge ILS Advisers Index, has reported its strongest July performance on record, with ILS funds averaging 1.37% for the month. After which the year-to-date performance for this ILS fund performance index is now the third-highest on record at this stage of the year and it appears […]