ILS

The new generation of vehicles is driven by a lively legacy market and innovations in structuring deals for long-tail risk.

One of the ongoing trends within the ILS market over past years has been an increasing demand from existing investors to look for something different within their portfolio.

The Zurich-based ILS manager expects to be underwriting some specialty business from 2022.

The convergence of traditional reinsurance and ILS has seen reinsurers’ fee income rocket over the past three years.

The lack of modelling expertise for higher-frequency, secondary ‘all peril’-type losses is putting a rosier tint on catastrophe bonds

Ongoing high claims from risks such as winter storm, wildfire or convective storm are playing into the climate-change debate over whether and to what extent cat reinsurers are mispricing their business.

Schroders Capital ILS chairman Dirk Lohmann said the shift could be due to yield compression in the bond market.

Carriers will not necessarily accept smaller returns in exchange for high ESG scoring vehicles and risks must be properly priced, according to Dirk Lohmann, chairman of Schroders Capital ILS.

The deal covers the reinsurer’s worldwide cat XL book, as Scor plans to ramp up P&C growth.

The former Willis Re vice president and head of European ILS joins as GC’s London ILS leader Des Potter is set to retire.

The broker expects ongoing single-digit growth within the ILS market.

It is not so much the size of the hit, as the regularity of moderate cat events that is worrying risk-takers.