Published by this author:
-
The pension fund holds 0.6 percent of its assets in ILS.
-
Any lack of retro support could push reinsurers to reduce their gross footprint in the Sunshine State, suggested Validus Re's Chris Silvester.
-
ILS Capital Management is looking at converting its collateralised reinsurance company to a rated balance sheet, the firm’s managing partner Tom Libassi said at the Trading Risk New York conference.
-
LGT ILS Partners is now transacting 70 percent of its reinsurance book on a rated basis through its A rated Lumen Re platform, partner and portfolio manager Michael Stahel has confirmed.
-
Multinational measures have helped to close the insurance protection gap in Asia.
-
California has become the “loss leader” of the homeowners’ insurance market, according to a new Aon study.
-
The discussions are very much at the early stage with any developments likely to be in “phase two or three”, according to Lloyd’s regional director for the APAC region.
-
Aon’s Dominic Christian says a 35 percent cost base for the (re)insurance industry is not sustainable.
-
Scor Global P&C CEO Jean-Paul Conoscente said the reinsurer’s main retro programme is expected to be placed within a fortnight. -
The New Zealand Government Superannuation Fund’s ILS holding has dropped to 5.5 percent of total assets.
-
The carrier retained EUR92mn for Hurricane Dorian and EUR89mn for Typhoon Faxai.
-
Concerns about broader market conditions could be a selling point for the sector, New York conference told.
-
Jeremy Ginter takes on the new role, moving across from Willis Re.
-
Catastrophe losses of $241mn added 3.3 percentage points to the combined ratio of 101.5 percent in Q3.
-
The Texas-based military insurer is offering double-digit premiums across two tranches of its second bond of the year.
-
The ratings agency has predicted a stronger 2019 performance as the group’s combined ratio improved to 99 percent.
-
Early reports suggest no fatalities but buildings and vehicles were damaged and schools closed.
-
The company will pay out another $13mn to shareholders but made a Q3 loss.
-
The sovereign wealth fund’s allocation to its alternatives portfolio fell in percentage terms as the fund grew overall.
-
Tropical storm and storm surge warnings are in effect for the region.
-
The insurer disclosed $46mn of losses for the quarter and $15mn in adverse reserve development from cat events in prior years.
-
The investment manager, which is currently in run-off, is also monitoring the impact of Typhoon Hagibis.
-
The reinsurer calculated that Dorian contributed $160mn of losses with Faxai adding $120mn.
-
Gross cat losses for Japanese insurers this year could top 2018’s 1.6tn yen ($15bn) following Typhoon Hagibis, according to equity analysts Jefferies.
-
Alison Dyer-Fagundo leads the team in Bermuda, while Kendra Foster is managing partner in the Cayman Islands.
-
The typhoon made landfall in central Japan on Saturday causing flooding and mudslides.
-
Hurricane Michael has produced 149,448 claims, according to the Florida Office of Insurance Regulation.
-
The storm is now at Category 4 strength, and tracking to make landfall in Japan at Cat 3.
-
Upon completion, the carrier will have ceded over $4.7bn of mortgage insurance risk.
-
This year is on track to be above average, according to the risk modelling firm.
