Here's our latest Friday wrap-up of key news from the week.
Another new cat bond is in the market this week, as SafePoint returns with a Nature Coast Re deal seeking its broadest coverage yet from the market.
It emerged this week that PICC P&C's new Great Wall Re ILS issuance as actually the first sidecar in Hong Kong.
Pillar Capital Management has a new high-profile backer as SageSure has made a strategic investment in the ILS investment manager.
The World Bank confirmed the signing of a mandate agreement to move forwards with a project to design an earthquake cat bond for Nepal.
As major hurricane Simon’s path shifted west it did not hit the trigger parameters for Mexico's Pacific named storm cat bond.
Reinsurance CEO's at the Convergence ILS conference in Bermuda said there is still profit runway in property cat, but noted some worrying signs about the pace of price softening.
Tickets are selling fast for ILS NYC 2027!
In other stories this week, estimates came in for the industry loss from recent hurricane Isaias, with all seen so far being in the low signle digit billions of dollars.
At the Convergence event, Bob Smith, President & Co-CIO of Sage Advisory, explained that he sees insurance-linked securities as an asset class that can expand the horizon of impact investing.
Philippe Trahan of Calidris Investment Partners said at the same event that in casualty ILS motivations are key, while timelines must be realistic.
Leadenhall Capital Partners LLP is monitoring investor appetite for different ILS products, while leveraging AI to increase productivity and improve its risk analysis, CEO Luca Albertini told us in an interview.
The CCRIF is set to make a $17.4m payout to the government of Panama after the recent M7.7 earthquake triggered the country's parametric insurance.
Investment specialists at the Convergence ILS event in Bermuda said the ILS asset class has a strong narrative to tell, when it comes to proving its diversification benefits.
Finally, if you haven't seen them, Artemis has a wealth of data and analytics on the catastrophe bond and broader ILS market. View our charts and Deal Directory.
Catch up on our video interviews with ILS market leaders here.
If you prefer to listen, subscribe to our podcast series for audio interviews & additional special episodes.
We'll be back next week with more regular coverage.
We hope you have a safe & relaxing weekend.
No comments:
Post a Comment