ILS

The issuance was the fourth for the Marsh platform this year.

Modelling firms say their data shows events like Hurricane Ida should be anything but a surprise.

The city’s pension fund recorded a 3% return from its ILS portfolio in 2020.

The Eurekahedge ILS Advisers suffered its steepest August fall on record.

Aon emerged as the structuring agent for the first Hong Kong based ILS issuance.

ILS Capital Management has backed the launch of a new InsurTech incubator, Mltply, which will offer fronting and reinsurance capacity to start-ups as well as venture capital and infrastructure support.

The investor has significantly cut back its allocation over the past few years.

While the cat bond market has avoided losses this year, any move to sell up cat bonds could act as a counterweight on spreads in the run-up to January renewals.

The broker forecast ‘continuing growth momentum’ in the ILS market.

The ILS transaction was the reinsurer’s second after Panda Re.

The manager said last year it wanted to deploy $100mn to $200mn in casualty ILS.

Investors’ growing focus on ESG factors is sparking questions about how this could affect ILS pricing.