Latest Insurance Linked Securities Headlines

All the headlines from our Insurance Linked Securities Topic Page, ordered by recency.

RMS Opens Office in Sydney to Support Client Growth in Australia, New Zealand

Oct 25 2017 // RMS, the Newark, Calif.-based global risk modeling and analytics firm, has opened a new office in Sydney, Australia, as part of its drive to support clients’ expansion in the Australian and New Zealand markets.The...

Investors Remain Committed to ILS Market Despite Q3 Catastrophes: WTW

Oct 20 2017 // ILS investors are responding to the recent spate of natural disasters by making their payments to ceding companies, while continuing to raise more money and preparing to make new investments, according to Willis Towers...

ILS Issuance in Q2 Breaks New Record at $6.3B: Willis Towers Watson

Jul 28 2017 // Non-life insurance-linked securities (ILS) issuance reached a record-breaking $6.3 billion in Q2 2017, continuing the trend from the first quarter of the year, according to a report by Willis Towers Watson Securities, the...

Validus ILS Unit AlphaCat Names AQR’s Van der Stichele as Portfolio Manager

Jun 5 2017 // AlphaCat Managers Ltd., the Bermuda-based subsidiary of Validus Holdings Ltd., announced the appointment of Bernard Van der Stichele to the position of portfolio manager for AlphaCat.In this new role, Van der Stichele will...

ILS Market Continues Growth Trend in Q1 2017: Willis Towers Watson

Apr 26 2017 // Non-life insurance-linked securities (ILS) capital grew again in Q1 2017, continuing the trend from 2016, according to the latest ILS Market Update from Willis Towers Watson Securities, the investment banking business of...

Experience Is Everything for Krefta, CEO-in-Waiting at Hiscox Re & ILS

Mar 17 2017 // When someone gets to be a CEO at the age of 36, perhaps it’s a good idea to listen to his story about how he got there and some of the lessons he’s learned.From his current position as chief underwriting...

Cat Bond Issuance in 2017 Could Approach Record Levels: Aon Report

Jan 25 2017 // Total catastrophe bond issuance for calendar year 2016 reached US$5.8 billion – a decrease from US$6.9 billion in 2015 – principally due to ongoing competitive re/insurance market conditions, according to an Aon...

Brexit Opportunities, More M&A: Clyde & Co.’s 2017 Predictions, Part 1

Dec 19 2016 // M&A and Brexit will be major factors for the global re/insurance industry over the coming year, according to predictions from the insurance team at the international law firm Clyde & Co.Andrew Holderness, a partner...

Krefta Named CEO of Hiscox Re and ILS, Succeeding Pinchin

Dec 2 2016 // Specialist global insurer Hiscox announced that Michael Krefta has been appointed CEO of Hiscox Re and ILS, and CEO of Hiscox Bermuda, effective Aug. 1, 2017.He will succeed Jeremy Pinchin who, after five years in Bermuda,...

Mitsui Buys 15% Stake in XL’s ILS Firm, New Ocean Capital

Oct 21 2016 // Mitsui & Co., Japan’s second-biggest trading house, agreed to purchase a 15 percent stake in New Ocean Capital, the asset manager that was founded by XL Group Ltd. and Stone Point Capital to make...

Super Typhoon Meranti Batters Taiwan: Risk Modelers AIR, RMS Assess Impact

Sep 15 2016 // Super Typhoon Meranti delivered very strong wind, high storm surge, and flooding precipitation to southern Taiwan as it passed through Luzon Strait near noon local time Wednesday.According to catastrophe modeling firm AIR...

Hiscox Expansion of ILS Activity Includes New Collaterized Capability, Rebranding

Sep 13 2016 // Insurer Hiscox said it is building a collateralized reinsurance insurance linked securities (ILS) capability for launch on January 1, 2017, in addition to expanding its fully-fronted ILS fund structures.The expanded ILS...

Coastal Insurer UPC’s First Catastrophe Bond Provides It with $100M Cover

Jul 25 2016 // Swiss Re Capital Markets said it has structured and placed $100 million of insurance-linked securities (ILS) that cover named storms and earthquakes affecting certain coastal states of the U.S.The bonds have been issued by...

Non-Life Cat Bond Issuance Hits $2.8B During 1H 2016: Willis Towers Watson Report

Jul 12 2016 // Total non-life catastrophe bond market issuance for the first half of 2016 rose to $2.8 billion, according to the latest ILS market update from Willis Capital Markets & Advisory (WCMA), the investment banking business...

Coastal Insurer UPC’s First Catastrophe Bond Provides It with $100M Cover

Jul 8 2016 // Swiss Re Capital Markets said it has structured and placed $100 million of insurance-linked securities (ILS) that cover named storms and earthquakes affecting certain coastal states of the U.S.The bonds have been issued by...

Reinsurance Rates Continued Stabilization Trend at June Renewal; Florida Down Just 3.1%: JLT

Jun 1 2016 // Reinsurance rate declines continued to slow at the June 1 renewal, reaffirming a trend of gradual price stabilization that first emerged during last year’s June renewal season, according to reinsurance brokerage JLT...

Swiss Re Capital Markets Appoints Klugman & Monnier to Lead Global ILS Unit

May 10 2016 // Swiss Re announced that Judy Klugman and Jean-Louis Monnier will co-head its global insurance linked securities (ILS) business.Klugman will remain global head of ILS distribution and lead the ILS team in New York. She has...

TigerRisk Hires Swiss Re’s Kusche as Partner in New York

Apr 19 2016 // TigerRisk Partners LLC, a reinsurance broker and risk/capital management advisory firm, has hired Philipp Kusche as partner and global head of Insurance-Linked Securities(ILS) and Capital Solutions. Based in...

Plenum Launches Diversified ILS Fund, Partnering with Bermuda’s Sequant Re

Apr 11 2016 // Plenum Investments Ltd. has launched an insurance linked securities (ILS) fund, which will invest in collateralized reinsurance transactions, to be sourced and underwritten by Bermuda’s boutique reinsurer Sequant...

Bermuda-Based Artex Buys Hexagon Insurance PCC, to Boost ILS Capability

Mar 30 2016 // Artex Risk Solutions announced it has entered into a definitive agreement to acquire the cores of Guernsey-domiciled Hexagon Insurance PCC Ltd. and its subsidiaries.All regulatory approvals have been received and the deal...