Trading Risk June 2017
-
A recent flurry of single-state cat bond deals highlighted continuing strong ILS demand as year-to-date issuance surpassed $8bn.
-
The final version of the Insurance Open Protocol has cut back the frequency of reporting it requires from ILS managers in response to feedback received during the consultation period.
-
The main factors in this year's "double-dip" Florida reinsurance renewal were abundant supply, reduced demand from several key buyers and uncertainty over model changes.
-
JLT Re said that "renewed vigour" from ILS markets looking to deploy capital contributed to a step-up in reinsurance rate reductions at this year's 1 June renewal.
-
The CEO of Dutch pension fund PGGM, Else Bos, has resigned after holding the position for five years.