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  • Soft reinsurance markets may help to boost ILS sales next year, asset manager Baldwin & Lyons Capital Markets suggests.
  • Hurricane Paula remained offshore as it bypassed Mexico's Yucatan Peninsula last night (13 October, UK time) and is expected to cause minimal insured losses, modelling firm Eqecat says.
  • ILS investment manager Securis Investment Partners says it has delivered a 72.4 percent return on its flagship Securis 1 Fund in the five years it has been running.
  • More than EUR500mn of European wind-exposed cat bonds are anticipated before year-end, broker Aon Benfield Securities said in its third-quarter report on the insurance-linked securities sector.
  • French insurer Axa has launched its first European wind catastrophe bond, as tipped by Trading Risk.
  • Cat bond investors will be exposed to an unhealthy concentration of risk if the conservative policy of using Treasury Money Market (TMM) funds as collateral becomes standard, says Niklaus Hilti, Credit Suisse Asset Management's insurance-linked strategies head.
  • Scor has become the latest (re)insurer to set up its own insurance-linked investment fund, setting aside $100mn of seed capital for a dedicated fund that will be known as Atropos.
  • Swiss-based Plenum Investments has started investing through its new $5mn Cat Bond Fund.
  • Captives manager Kane Group is looking to expand into ILS and industry loss warranties (ILWs) in Qatar after receiving a warrant to set up in the Qatar Financial Centre (QFC), according to reports from Captive Review.
  • The capital markets and reinsurers should collaborate to provide protection against extreme systemic risks beyond the catastrophe markets, Munich Re said at the Monte Carlo Rendez-Vous.