Central Bank of Barbados Governor cites parametric and cat bond role in Caribbean resilience
Caribbean nations must stop defaulting to adding more debt as the answer after every disaster shock, instead layering the full range of risk transfer and financing tools to enhance liquidity following events and ensure timely, responsive capital flow, according to comments made by the Governor of the Central Bank of Barbados. Speaking at the Caribbean […]
Central Bank of Barbados Governor cites parametric and cat bond role in Caribbean resilience
Caribbean nations must stop defaulting to adding more debt as the answer after every disaster shock, instead layering the full range of risk transfer and financing tools to enhance liquidity following events and ensure timely, responsive capital flow, according to comments made by the Governor of the Central Bank of Barbados. Speaking at the Caribbean […]
Cat bond market growth to continue, strong issuance expected again in 2026: Moody’s
The catastrophe bond market has become widely accepted as a reinsurance and risk transfer tool, and as the sponsor base increases while risk-adjusted returns for cat bond investors remains attractive, Moody’s Ratings said today it anticipates 2026 could be another busy year for insurance-linked securities (ILS). In a new report on the cat bond market, […]
Moody’s Ratings develops new methodology for rating catastrophe bonds & ILS
Following its recent publication of a discussion paper on rating insurance-linked securities (ILS), with a focus on catastrophe bonds, Moody’s Ratings has moved forward and developed a new methodology for rating cat bonds and other ILS and is now seeking final feedback before its implementation. Moody’s Ratings published its discussion paper on insurance-linked securities (ILS) […]
ILS investors have ‘reason to be optimistic’ heading into 2025 hurricane season: Allgäuer, VP Bank
In a recent commentary, Bernhard Allgäuer, Senior Investment Strategist at VP Bank, outlined why insurance-linked securities (ILS) investors “have reason to be optimistic” heading into the 2025 Atlantic hurricane season, citing elevated risk premia and a favourable technical setup that could support returns. A key part of that setup lies in the current risk-reward profile […]
Renewed interest in cat bonds indicates favourable market entry point for new sponsors: Acrisure Re
A renewed interest in catastrophe bonds is being seen across the insurance-linked securities (ILS) market, as spreads have started to become more “attractive”, which indicates a favourable market entry point for new sponsors, according to Sandro Kriesch, Head of Insurance-Linked Securities (ILS), and Sophie Worsnop, Assistant Vice President, Acrisure Re Corporate Advisory & Solutions (ARCAS). […]
World Bank supports Eastern Caribbean on cat swap, cat bonds, more parametric cover
The World Bank is working with four countries from the Organization of Eastern Caribbean States Commission (OECS), Dominica, Grenada, Saint Lucia, and Saint Vincent and the Grenadines, to strengthen their climate resilience and with three risk transfer options being explored, a catastrophe swap, catastrophe bonds, or securing more parametric insurance. The World Bank notes that […]
ILS: simple, powerful, and accessible for all
“Insurance-linked securities (ILS) offer a good alternative or complement to reinsurance, and nothing complicated,” said Kirill Savrassov, convenor of the ILS Education Programme, lamenting how ILS has often been viewed as a niche product reserved for sophisticated markets or large financial institutions. “For developing countries ILS instruments such as sovereign parametric catastrophe bonds, are often […]
Why educating the industry about ILS is so important
Insurance-linked securities (ILS) have become a vital part of the reinsurance industry, providing alternative capital for risk transfer, allowing investors to access insurance risks through financial markets, spread catastrophe risks and enhance market capacity. The key benefits of ILS are clear: greater diversification for investors, reduced reliance on traditional reinsurance and increased capacity to absorb […]
Our Programme was shortlisted for the AXCO’s Global Insurance Awards’24
Phoenix CRetro is delighted to be shortlisted for the Axco Global Insurance Awards in the Best Training Initiative in Global Risk category. Now its 2nd year, the Axco Global Insurance Awards celebrate the outstanding achievements, innovation and collaboration of the insurance ecosystem managing complex global risk. Following a thorough judging process, Phoenix CRetro was shortlisted, […]