Alternative and traditional reinsurance capital, it’s not either or, it’s both: Baertschi, Swiss Re
Urs Baertschi, CEO of P&C Reinsurance at Swiss Re, today emphasised that the company’s third-party capital markets focused Alternative Capital Partners (ACP) division remains an important part of the services and capabilities offered to its clients, while also saying that when it comes to the reinsurance sector’s capital pools, it’s not a case of “either […]
Regardless of the cycle, SCOR will continue to sponsor cat bonds: Jean-Paul Conoscente
Speaking at global reinsurer SCOR’s briefing at RVS 2025 in Monte Carlo, Jean-Paul Conoscente, Chief Executive Officer (CEO) of SCOR Global P&C, said that the firm will continue to sponsor catastrophe bond issuances regardless of the market cycle. In April, SCOR sponsored its twentieth cat bond, the $240 million Atlas Capital DAC (Series 2025-1) which provides the […]
Cat bonds continue to perform strongly, casualty securitization expanding: AM Best
Speaking today at a briefing held in Monte Carlo at the Rendez-vous event, Angela Yeo, Senior Director, Analytics at global ratings agency AM Best has highlighted how investors’ appetite for catastrophe bonds has helped the space continue to grow. With third-party capital deployed in reinsurance anticipated to grow by almost 7% this year, with AM […]
Premise of alternative capital has always been to complement reinsurance: S&P’s Josefs
Speaking in Monte Carlo today at a S&P Global Ratings briefing during the annual reinsurance event, Maren Josefs, Credit Analyst at S&P Global, said it may be time to rethink the name alternative capital, as it was really always designed to complement the traditional reinsurance market and in recent years has become increasingly aligned and […]
Property cat softening to continue. Attachments may fall. ILS investors likely disciplined: Fitch
Speaking today at a briefing held in Monte Carlo at the Rendez-vous event, Fitch Ratings analysts said the expectation is that property catastrophe reinsurance rates will keep softening and attachments may decline somewhat, but through this they anticipate discipline from the ILS investor base. The Fitch Ratings analysts are anticipating the property catastrophe reinsurance market […]
Capital markets key to future insurability and affordability of risk transfer: Swiss Re
Swiss Re has highlighted the capital efficiency that a modern and layered risk transfer architecture brings to the property and casualty insurance market, seeing the capital markets and investors as now key elements in a chain that is supporting growing volumes of global risks. In a new sigma report released today in Monte Carlo, global […]
Convergence alive and well as reinsurers increasingly lean on ILS products: Aon’s van Slooten
The convergence of reinsurance and capital markets is “alive and well”, as reinsurers increasingly lean on alternative capital and insurance-linked securities (ILS) products, Mike van Slooten from Aon’s Reinsurance Solutions division explained in a pre-Monte Carlo briefing today. Speaking during the briefing, as the reinsurance broker set out its positioning for its upcoming meetings at […]
CEA reinsurance tower stable, but catastrophe bonds grow their share
Following the mid-year reinsurance renewals the California Earthquake Authority (CEA) now sees catastrophe bonds making up an even larger proportion of its more than $7.83 billion risk transfer tower, at over 33% of the limit provided. The earthquake insurer had shrunk its overall reinsurance tower through the last couple of years, but at the same […]
Goldman Sachs rebuilds ILS structuring expertise, hires two from Aon / Swiss Re
Investment banking giant Goldman Sachs has hired two experienced catastrophe bond and insurance-linked securities (ILS) structuring specialists, as it looks to expand its capabilities in the space once again, Artemis has learned. Goldman Sachs is bringing onboard two hires with experience in the structuring and placement of catastrophe bond and reinsurance capital market arrangements this […]
Alternative capital will continue to grow over the long-term, says Moody’s Ratings
Analysts at Moody’s Ratings expect the alternative reinsurance capital space to continue to expand over the long-term, stating that much of the growth will come from reinsurers with additional growth expected from non-catastrophe risk, as the rating agency shifts its outlook on the global reinsurance sector to stable from positive. Moody’s turned positive on the […]