Malta eases accounting requirements for reinsurance special purpose vehicles
Malta has streamlined the accounting requirements for Reinsurance Special Purpose Vehicles (RSPVs), a move expected to significantly bolster the country’s insurance-linked securities (ILS) market. According to Malta-based law firm Ganado Advocates, these changes offer a more proportionate regulatory environment for complex risk vehicles. For context, Malta introduced regulatory frameworks for RSPVs and securitisation several years ago. The […]
Why the short-tail nature of parametric risk is reshaping third-party capital: CelsiusPro CEO
In the increasingly volatile world of catastrophe risk, the primary hurdle for third-party capital has rarely been the risk itself, but rather the tail; the years-long process of loss adjustment and trapped capital that follows a major event. However, CelsiusPro is making the case that parametric insurance offers a cleaner alternative for institutional investors, according […]
Addressing widening protection gaps with public-private insurance programmes: GA
With disaster risks accelerating faster than societies can adapt and protection gaps widening, well-designed public-private insurance programmes (PPIPs) aligned with national resilience strategies can strengthen risk reduction, according to a recent report by the Geneva Association. The report highlighted that natural and man-made disasters are becoming more frequent, more costly, and harder to absorb. These […]