Underlying ILS capital expands in 2024 as investors reinvest earnings: AM Best
According to ratings agency AM Best, underlying insurance-linked securities (ILS) capital expanded throughout 2024 due to a large quantity of investors reinvesting their earnings across the market, which further expanded deployable ILS capacity. AM Best and reinsurance broker Guy Carpenter previously revealed that dedicated reinsurance capital grew by 6.9% over the course of 2024, however, alternative […]
SBAI releases new consultation on valuation standards for private market asset managers
The Standards Board for Alternative Investments (SBAI), custodian of the Alternative Investment Standards, has announced that it has published a new consultation paper (CP5), containing proposed new standards related to valuation of private market assets. According to the announcement, SBAI’s proposed changes aim to ensure that the Standards “remain relevant and aligned with developments across […]
Transformational expansion of risk transfer to capital markets needed to finance future crises
With a widening crisis protection gap evident around the world there is a need for a transformational expansion in the use of insurance and reinsurance mechanisms to transfer risks to the capital markets, according to a report from the High-Level Panel on Closing the Crisis Protection Gap. The report calls for a tenfold increase in […]
