Growing opportunity in Latin America for catastrophe bonds and ILS: Fitch Ratings
There is a growing opportunity for further use of catastrophe bonds and insurance-linked securities (ILS) in Latin America, with Brazil’s first ILS deal recently setting a positive example, Fitch Ratings has explained. Commenting on reinsurance market opportunities in Latin America, Fitch said, “Fitch Ratings estimates the Latin American reinsurance market from USD18 billion to USD22 […]
Rising rapid intensification poses new challenges for cat bond investors: Man Group
According to a recent commentary from Man Group, the global alternative and active investment manager, the rising frequency of rapid intensification is posing new challenges for catastrophe bond investors. In its latest commentary, written by Andre Rzym, Partner, Head of Systematic Opportunities at Man AHL and Tarek Abou Zeid, Partner, Head of Client Portfolio Management […]
All ILS transactions help address the protection gap: Schroders Capital’s Turner
As the insurance-linked securities (ILS) market continues to grow, its role in addressing the widening protection gap is coming into sharper focus, with Holly Turner, Climate Specialist at Schroders Capital, suggesting that every ILS transaction can help address this goal. “Within climate adaptation, climate ‘resilience’ – the ability of a system, community or individual to […]
Digitization and discipline key to sustaining cat bond market growth: Wrosch, Twelve Securis
As the catastrophe bond market continues to expand, the next phase of growth won’t come from standardization alone. Digitization, streamlining data and deal flow, will be crucial for handling scale while preserving sponsor flexibility, according to Tanja Wrosch, Head of Cat Bond Portfolio Management at Twelve Securis. Twelve Securis was formed in February this year, […]
Thai asset manager KKP launches two cat bond strategies as feeders to Twelve Cat Bond Fund
Kiatnakin Phatra Asset Management (KKP Asset Management), a capital markets investment firm based in Thailand and part of the Kiatnakin Phatra Financial Group, has launched two catastrophe bond strategies for the Thai domestic market, with both set to serve as feeders to the Twelve Cat Bond Fund, a Twelve Securis strategy. As such, this is […]
Auckland Future Fund (AFF) approves catastrophe bonds as part of target allocation
The Auckland Future Fund (AFF), a New Zealand based investment entity that was established in 2024 as part of Auckland Council’s long-term plan, can now add catastrophe bonds to its nascent portfolio as its governing board approved an investment policy that includes cat bonds as an allowable alternative asset class. The Auckland Future Fund (AFF) […]
Cat bond market expected return rises, 2025 could be third double-digit year in a row: Lane Financial
Pricing in the catastrophe bond secondary market already implies a lighter hurricane season impact and actual losses are running below expected levels, which leads Lane Financial to estimate expected returns for the cat bond market of around 10.5% in 2025, giving the potential for this to be a third year of double-digit returns in a […]
Climate change to fuel reinsurance volumes, spur demand for alternative capital: Morningstar DBRS
As per a new report from Morningstar DBRS, climate change is expected to be a meaningful primary long-term driver of reinsurance volumes. However, while the reinsurance market is currently at overcapacity, this is setting the stage for softer conditions in the medium term, the analysis states. Analysts also suggest that as demand for reinsurance continues […]
ILS market healthy, but opportunities for further refinement exist: Hilti, Euler ILS Partners
The insurance-linked securities (ILS) market remains in good shape, but opportunities exist to refine terms and conditions in the traditional reinsurance space, where coverage in some areas remains broad, Niklaus Hilti, Chief Investment Officer (CIO) of Euler ILS Partners, told Artemis in a recent interview. Artemis spoke to Hilti around the recent Monte Carlo Rendez-Vous […]
Cat bonds highlighted as an untapped fixed income impact and return opportunity
While fixed income is the world’s largest asset class, it is not commonly recognised for investments making social or environmental impact. But a recent report explains why investors should look more closely at fixed income assets and catastrophe bonds are highlighted as one impact investing opportunity within the segment. The report comes from a research […]