Hannover Re shares only €18m in large losses with ILS through first nine months of 2024
Hannover Re has continued to share a reduced proportion of its large natural catastrophe losses with insurance-linked securities (ILS) capital sources through the first nine months of this year, with just €18 million shared up to the end of September. Recall that, in full-year 2022, Hannover Re had shared more than one billion Euros of […]
HNW investor demand for alternatives “growing exponentially” – Brookfield Oaktree
High-net-worth investors want to deploy more capital to alternative asset classes, while they also desire a greater variety of alternative investment products as well, believing that adding alternatives to their portfolios can drive stronger long-term outcomes, data from Brookfield Oaktree Wealth Solutions suggests. Owned by investment giants Brookfield Asset Management Ltd. and Oaktree Capital, with […]
Cat bonds offering superior returns, diversification and a lower risk profile: Fitch
Catastrophe bond investments are currently offering investors a superior total return, diversification versus other asset classes and currently a lower risk profile than had been seen in recent years, Fitch Ratings has noted. The rating agency believes that record issuance of insurance-linked securities (ILS) is set to continue, as insurance and reinsurance firms tap the […]
APRA looks to enhance Australian insurer access to ILS and cat bonds for reinsurance
Recognising that regulations hinder access to alternative reinsurance solutions including insurance-linked securities (ILS) in the country, the Australian Prudential Regulation Authority is consulting with industry, as participants there want easier access to solutions such as catastrophe bonds. In a letter to the Australian insurance industry, APRA Member Suzanne Smith explained that the regulator is consulting […]
For Asia to realise ILS market potential, local investor participation must increase: Fitch
While the Asia region is expected to see steadily increasing activity in catastrophe bonds and other insurance-linked securities (ILS), Fitch Ratings believes the participation of regional investors needs to increase, while continued development of regulatory frameworks and local expertise is also required. Fitch Ratings said that it anticipates, “a gradual increase in insurance-linked securities (ILS) […]
MDB’s can help bring scale to ILS issuances in Asia: Singapore Deputy PM
Speaking at the 20th Singapore International Reinsurance Conference (SIRC), Mr Gan Kim Yong, Deputy Prime Minister and Minister for Trade and Industry, and Chairman of the Monetary Authority of Singapore, explained that multilateral development banks have a key role to play in bringing scale to insurance-linked securities (ILS) issuances in Asia. During his speech, the […]
Catastrophe bond funds in UCITS format grow share of market to 27%
Having continued to expand their assets under management in recent months, UCITS catastrophe bond funds as a group have now grown their share of the overall cat bond market to a new high, at 27% of risk capital supplied. As we reported recently, by the end of the third-quarter of 2024 the cohort of catastrophe […]
Selectivity & climate insights vital for ILS investment success: AXA IM’s Divet
A selective approach and a deep understanding of climate-related risks are key to managing insurance-linked securities (ILS) investments, according to François Divet, Head of ILS at AXA Investment Managers. Divet recently highlighted both positive supply and demand factors for ILS, while also explaining that due to climate change and its potential effect on catastrophe loss […]
For second in a row, ILS Advisers Index records highest monthly return since inception
The broad benchmark index for insurance-linked securities (ILS) funds, the Eurekahedge ILS Advisers Index, has recorded the highest monthly return since its inception in 2006 for the second consecutive month, being up by 1.91% for the month of September 2024. Just a month ago, this index of ILS fund returns was up by 1.71% for August […]
Private reinsurance investments can offer outperformance: Koller, LGT ILS Partners
Some investors have started to experience benefits from the outperformance of investments in the private reinsurance segment compared to catastrophe bonds, after softening of pricing had been seen in the second quarter, Pascal Koller Partner and Portfolio Manager at LGT ILS Partners Ltd., recently commented. Speaking with Artemis in an interview around the reinsurance conference […]