-
Despite a move away from non-official indices, global ILW trading is still sometimes relying on a patchwork of triggers. -
The 2020 start-up raised $115mn from the Montoya Re bond.
-
The feeder fund to Neuberger Berman ILS strategies took a defensive stance ahead of 2021 Atlantic hurricane season.
-
Reciprocal carriers could become more popular, but while this could better serve capital providers it does nothing to address underlying problems.
-
It will offer components for buyers looking for indemnity, parametric or blended coverage.
-
The reinsurer said it was anticipating increased volume for catastrophe bonds and collateralised reinsurance this year.
-
Greater participation of cat bond investors in the retro market has some advantages alongside the risks.
-
There is a lack of capacity for aggregate deals, and moves towards more named peril coverage.
-
Retro renewals have made major progress in early January, but programme gaps remain at some levels, with reinsurers left carrying more risk net.
-
The ILW-focused fund has continued expanding after generating 6.4% returns last year.
-
As the renewal is expected to spill over into 2022, the two-speed market will put pressure on retro-reliant carriers.
-
The listed mutual fund will be overseen by new recruit Niall MacGillivray.
