ILS News
AM Best: Modest Growth in ILS Capacity, While Cat Bonds Break Record
Insurance-linked securities (ILS) capacity levels continues to grow at a modest pace, aligning with market demand, according to a newly released AM Best report. Meanwhile, AM Best estimates the ...
Reinsurer Appetites for Cat Exposures Return at Midyear: Brokers
Capacity was more readily available during the midyear renewals, which brokers described as "orderly," in comparison to the turbulent January renewals. At the same time, prices saw some moderating ...
Beazley Launches Global Re/Insurance Market’s First Cyber Catastrophe Bond
Specialist insurer Beazley has launched the global insurance market's first cyber catastrophe bond.
The $45 million bond gives Beazley ...
Is ILS Missing the Mark on Cyber?
If fortune favors the brave, trepidation in the insurance-linked securities market may be dampening investor profits.
Recent outlier ...
Lockton Re Launches Capital Markets Arm
Lockton Re announced Sunday that the broker has formed Lockton Re Capital Markets (LRCM), designed to serve clients by accessing broader pools of capital and providing complementary solutions to ...
ILS Investors Could Help Fill Cyber Re/Insurance Protection Gap if Hurdles Are Overcome
The cyber re/insurance protection gap provides an opportunity for insurance-linked securities (ILS) investors, which historically have filled the gaps where traditional capital has either retrenched ...
Where Property Insurance Buyers Are Headed: A Paradigm Shift
Rising commercial property insurance costs have gotten the attention of executives across a broad cross-section of corporate America. Aon, a leading broker of commercial insurance, reports that ...
RenRe Launching Casualty, Specialty Venture for ILS Investors
With institutional investors providing the bulk of the capital, RenaissanceRe Holdings has announced the creation of a new joint venture dedicated to casualty and specialty risks. Launched with $475 ...