Пройдено курс “The Fundamentals of ILS: online course” від компанії Phoenix CRetro Limited
У квітні 2023 року компанія Phoenix CRetro Limited, курс якої «The Fundamentals of ILS: online course”, був визнаний переможцем за версією Global Insurance Awards 2023, проводила навчання за цим курсом. Єдиним представником українського страхового ринку, який пройшов навчання, успішно склав іспити та отримав відповідні сертифікати, був Директор департаменту перестрахування та андерайтингу спеціальних ризиків СТРАХОВОЇ КОМПАНІЇ […]
CEA grows risk transfer program to $8.86bn, cat bonds still 24%
The California Earthquake Authority (CEA) increased its overall risk transfer and reinsurance protection through the middle of the year, lifting the program to almost $8.86 billion in size, with its catastrophe bonds making up a steady 24% of the total. Through the four months to end of August 2023, the California Earthquake Authority (CEA) added […]
CCRIF makes parametric rainfall insurance payouts after tropical storm Philippe
The CCRIF SPC (formerly known as the Caribbean Catastrophic Risk Insurance Facility), has made two payouts for Caribbean countries parametric excess rainfall insurance policies, after tropical storm Philippe in early October. Tropical storm Philippe made landfall on Antigua and Barbuda on October 2nd and then came close to the British Virgin Islands on October 4th, […]
Conditions primed for increased use of alternative reinsurance capital: GC’s Rousseau
Reinsurance market conditions are primed for an increasing turn towards alternatives, in sourcing capital and risk transfer solutions, according to Laurent Rousseau of Guy Carpenter. Speaking at an event in Baden-Baden yesterday, Rousseau, the CEO of Europe, Middle East & Africa and Global Capital Solutions at the reinsurance broker, explained that demand for alternative capital […]
Parametric sovereign risk pools to explore joint reinsurance facility, capital markets access
In what could turn out to be a ground-breaking development, parametric disaster insurance risk pools African Risk Capacity Limited (ARC), Caribbean Catastrophe Risk Insurance Facility (CCRIF SPC), the Pacific Catastrophe Risk Insurance Company (PCRIC), and the Southeast Asia Disaster Risk Insurance Facility (SEADRIF), have signed an MOU and will explore a joint reinsurance facility to […]
ILS investments are about as attractive as ever right now: Schroders
The insurance-linked securities (ILS) market currently represents one of the most attractive markets in which to invest since the ILS market came into being, according to Doug Abbott, Head of UK Intermediary at Schroders. Abbot places insurance-linked securities (ILS), such as catastrophe bonds, as one of the four investment strategies he believes should not be […]
ILW customisability key to fund positioning, but demand declines slightly: CNR CEO
The ability to customise industry-loss warranties (ILW’s) is seen as a key trait in the reinsurance-linked asset that assists in the portfolio construction process, but demand for ILW protection has fallen slightly among reinsurers, according to the CEO of the City National Rochdale Select Strategies Fund. The slight decline in demand for industry-loss warranty (ILW) […]
ILS Asia 2023: Education still critical in relatively untapped region
Yesterday’s Artemis ILS Asia 2023 conference marked our first in-person return to Singapore and the Asian region since 2019 and while there are marked differences in the conversation surrounding insurance-linked securities (ILS) and the use of reinsurance capital, it is clear the region remains relatively untapped, on both an investment and risk basis. It has been […]
UCITS catastrophe bond fund AUM rises 18% to near $10.4bn in H1 2023
Reflecting very strong market activity in the first-half, catastrophe bond funds in the UCITS format saw their combined assets under management (AUM) rise by over 18%, to reach a new record-high of nearly $10.4 billion by the end of June 2023. This is the first time the combined assets of the UCITS catastrophe bond funds […]
Augment launched as bespoke reinsurance broker with up to $100m backing from Altamont
A new, bespoke risk capital and reinsurance solutions broker called Augment has been launched to “revolutionize insurance risk arbitrage,” and is backed with up to $100 million in funding from private equity firm, Altamont Capital Partners. Augment states that its goal is to assist partners in managing volatility via strategic, structurally efficient, multi-class and/or multi-geography […]