Returns drive investor appetite, third-party reinsurance capital increasingly important: AM Best
Solid returns generated by the insurance-linked securities (ILS) market in recent years have encouraged investors to maintain or increase their allocations, leading rating agency AM Best to highlight third-party reinsurance capital as an increasingly important part of global reinsurance capacity. As we highlighted in a previous article, AM Best and reinsurance broker Guy Carpenter have raised […]
IRB (Re) renames special purpose insurer and LRS issuer Andrina, to become IRB (SSPE)
IRB (Re), the Brazilian reinsurance company, has renamed its special purpose insurer and issuer of Letra de Risco de Seguro, the local brand of insurance-linked securities, to align it with the group name, now becoming IRB (SSPE). IRB (Re) was the first sponsor of a structure under Brazil’s Sociedades Seguradoras de Propósito Específico (SSPE) regulations. […]