capital markets News
Hedging Systemic Risk in Casualty Reserves with Insurance-Linked Securities
Insurance-linked securities are often used to hedge an insurer's exposure to catastrophic property losses, but the casualty insurance market is just beginning to recognize the potential of ILS ...Ex-Flagstone Exec Swayne Joins Nephila Capital Ltd
Nephila Capital announced yesterday that Guy Swayne, formerly of Flagstone Re, will be joining its global management team as a partner at the firm. Nephila is the largest institutional asset manager ...
ILS Issuance Just Short Of Record For Second-Quarter 2013; Is Casualty Next?
Tallies of catastrophe bond issues for the first-half have been coming in from reinsurers and brokers over the last two weeks, with the numbers all suggesting that 2013 could be a record year of ...
Casualty ILS: The Time Has Come
The accelerating convergence of insurance and reinsurance with capital markets and the resulting effect on the traditional insurance and reinsurance business model have topped the insurance news ...
MTA Plans Cat Bond Sale Linked To Storm Surge, S&P Says
The Metropolitan Transportation Authority plans to use bonds designed to help New York City's subway operator guard against storm surge damage after suffering $4.8 billion in wreckage from Hurricane ...
‘Breakaway’ Pricing Seen From Capital Markets Pressuring Traditional Re
With third-party investors putting increased levels of capital into catastrophe bonds, sidecars and collateralized reinsurance, pricing in the capital markets is now, for the first time, "decoupled" ...
U.S. Property Cat Re Prices Down As Much As 25%, Casualty Softening: Willis Re
Reinsurers are taking "robust defensive measures to maintain market positions recently eroded by new capital markets entrants," with prices down 25 percent on some Florida property accounts, Willis ...
Capital Markets Poised To Grow Even Bigger In Cat Re Space
The participation of the capital markets in the property-catastrophe reinsurance industry is poised to explode beyond one-third of the total limits in the market, an industry executive said recently. ...