Summer 2022 cohort of our course has passed the qualification exam

Our sincere congratulations to the 4th cohort: Timothy Nielander, Shib Shankar Saha, Suguru Fujita, Richard Griffiths, Dewald Cillie, on obtaining “Certified ILS specialist” qualification with impressive average pass ratio of 92% at the exam. Kirill & Toby

Super typhoon Noru a potential threat to Philippines catastrophe bond

In the space of just 24 hours, typhoon Noru has explosively intensified into super typhoon Noru as it approaches the Philippines and now packing sustained winds of more than 150 mph the storm is a potential threat to the countries World Bank facilitated catastrophe bond. Meteorologists have been surprised by super typhoon Noru, which is […]

Mexico shows intent with $250m catastrophe insurance renewal

In a positive signal for the continuing use of private insurance and reinsurance capital to support the country’s natural disaster and catastrophe insurance needs, the Mexican government has renewed a $250 million layer of traditional catastrophe protection. As part of the government’s economic plans for 2023, the Mexico Ministry of Finance and Public Credit explained […]

Cedent interest in cat bonds rising, prices to attract investors: Shiv Kumar, GC Securities

The catastrophe bond market is very well-positioned, with cedent interest in utilising cat bonds as reinsurance risk transfer tools on the rise, while pricing has already risen high enough to attract investors to deploy more capital, according to GC Securities Shiv Kumar. Speaking during a Guy Carpenter pre-Monte Carlo briefing, Shiv Kumar, President of the […]

Singapore’s capital market focus for re/insurance development continues

The government of Singapore continues to look to the capital markets to push the boundaries in developing its insurance and reinsurance market, with an ambition to further develop the ability of the sector to tap capital market appetite for risk. In revealing a new growth strategy for the Singapore financial services industry, the Monetary Authority […]

Typhoon Nanmadol not expected to trigger catastrophe bonds: Plenum

Typhoon Nanmadol’s impacts in Japan are not expected to result in insurance and reinsurance market losses high enough to trouble any catastrophe bonds, according to Plenum Investments. Typhoon Nanmadol continues to affect Japan with heavy rain and its winds caused damage across a relatively wide swathe of the south west of the country. However, as […]

ILS managers with stable, deployable capital well-positioned

Two factors are currently being looked on very favourably by any institutional investors that are researching the insurance-linked securities (ILS) asset class, the stability of an ILS investment managers’ assets over recent years, and importantly how the amount that was actually deployable has fluctuated. End-investors we’ve spoken with, that are looking to either make their […]

Diversification in focus for world’s largest pension funds

Many of the world’s largest pension fund investors are actively seeking out diversification opportunities, as they shift portfolios in light of global economic volatility, which could serve to further raise the profile of ILS investments. A recent piece of research from brokerage and consultant WTW states that out of the top 20 pension funds in […]

Up to $20bn in new capacity needed for Jan 2023 reinsurance renewals: JMP

A true reinsurance hard market may be around the corner, particularly in US property lines such as coastal wind exposed towers, with inflation a key driver and expected to result in a need for as much as $20 billion of new capacity to soak up demand at the renewals. Already some of the biggest US […]

Typhoon Nanmadol seen as Japanese industry loss threat

Update: See our more recent article on typhoon Nanmadol. While tropical storm Fiona may be concerning some, given the uncertainty in its eventual path, on the other side of the globe typhoon Nanmadol is seen as a relatively significant Japanese loss threat by insurance and reinsurance market interests. Typhoon Nanmadol is set to strike southwest Japan with […]