Efficiently structured ILS transactions lower capital costs for re/insurers: Augment Risk
Efficiently structured insurance-linked securities (ILS) transactions are playing a pivotal role in reducing capital costs for re/insurers, according to risk capital and reinsurance solutions broking firm Augment Risk. In a recent commentary, the firm asserts that by leveraging the evolving capabilities of the ILS market, insurers can reduce their cost of capital while enhancing long-term financial […]
Hannover Re upsizes 3264 Re peak peril retro cat bond target to $150m
Large European reinsurer Hannover Re has now upsized its target for its latest catastrophe bond, increasing it to now seek $150 million in retrocession covering US and North American peak perils from the 3264 Re Ltd. (Series 2025-2) issuance, Artemis has learned. Hannover Re returned to the catastrophe bond market at the beginning of the month, initially looking […]
Calidris Investment Partners launched by Philippe Trahan and Daniel Miller
Calidris Investment Partners has been launched as a Bermuda-based insurance and reinsurance opportunities focused investment start-up by former Ontario Teachers’ insurance-linked securities (ILS) specialist Philippe Trahan and former Blackstone insurance transaction specialist Daniel Miller. Trahan and Miller have launched Calidris Investment Partners as Co-CEO’s of the new company and have secured institutional backing to build […]
Peak Re’s new Black Kite Re cat bond signals growing maturity of Hong Kong ILS platform
Hong Kong’s Insurance Authority (IA) has welcomed the recent issuance of the latest catastrophe bond sponsored by Peak Re, the US $50 million Black Kite Re Limited (Series 2025-1) transaction, while also noting that the deal represents a sign of the maturity under its insurance-linked securities (ILS) regulatory regime. As we’ve been reporting, Peak Re secured a three-year […]
Twelve Securis gates flagship cat bond fund to maintain integrity as it grows
Specialist insurance-linked securities investment manager Twelve Securis has put in place a temporary restriction on new subscriptions to its flagship Twelve Cat Bond Fund, as the manager looks to manage flows as the strategy reaches a new record size. Twelve Securis said in an update to investors seen by Artemis that the Twelve Cat Bond […]
There are good opportunities for Arundo Re despite trade war uncertainty: Deputy CEO, Montador
Although the ongoing tariff war and resulting inevitable higher inflation will undoubtedly impact all lines of insurance and reinsurance business, French reinsurer Arundo Re’s very strong balance sheet will create opportunities for growth, according to the company’s Deputy Chief Executive Officer (CEO), Laurent Montador. Formerly known as CCR Re, the Arundo Re brand launched in January […]
Hannover Re seeks wind & quake retrocession from $100m 3264 Re cat bond
Hannover Re is back in the catastrophe bond market with an initial target to secure $100 million or more in retrocession covering US and North American peak perils on an industry-loss basis, from a 3264 Re Ltd. (Series 2025-2) transaction that is now in the market and being offered to investors, Artemis can report. This will become […]
The level of cat bond and parametric work we’re doing is exceptional: Aon CEO
Having reported another quarter of double-digit revenue growth for its catastrophe bond and insurance-linked securities (ILS) related activities, Greg Case the CEO of broking giant Aon also highlighted parametric risk transfer as another area he sees activity levels as exceptional in. Reporting its first-quarter results today, Aon disclosed 4% organic revenue growth in its Reinsurance […]
Parametric regional risk pools get Global Shield support to deepen collaboration
The main four parametric disaster insurance risk pools have signed a grant agreement with the Global Shield Solutions Platform (GSSP) to help them accelerate and deepen their collaboration, something which could have implications for how they transfer risk to reinsurance and potentially capital markets. Back in 2023, the African Risk Capacity Limited (ARC), Caribbean Catastrophe […]
Hannover Re fronted more collateralised reinsurance participations for investors in 2024
Hannover Re’s insurance-linked securities (ILS) market facilitation activities continued to expand in 2024, with the number of collateralised reinsurance participations fronted for investors rising, while its catastrophe bond fronting also grew to a new record level. Hannover Re has been active in the insurance-linked securities (ILS) market for many years, as sponsor of securitized risk […]
