ILS News
Aon CATstream Expedites Cat Bond Coverage for Cedents
Aon Benfield Securities, the investment banking division of Aon Benfield, announced Wednesday that it has launched a new client facility that offers cedents faster and more efficient access to ...
Buffett Warning Unheeded as Cat Bonds Surge
Bond buyers are betting more than ever on the mercy of Mother Nature as they seek to boost yields being suppressed by central banks. Demand for notes linked to insurance against hurricanes and other ...
Market Pressures Require Reinsurer Response
The reinsurance industry is facing considerable headwinds in the current competitive market environment, with conditions unlikely to improve in the near term. Reinsurers, for their part, have not ...
A Conversation with Fermat Capital’s John Seo: The Evolution of Cat Bonds
John Seo, a pioneer in the catastrophe bond space, uses advanced technical models to assess the risk that investors will take on through portfolios of insurance-linked securities. But even simple ...
Pension Fund Stake in Reinsurance Could Soar to $900B, New JLT Re Exec Flandro Says
JLT Towers Re announced the appointment of David Flandro, a former Guy Carpenter executive, as Global Head of Strategic Advisory on Tuesday—days after he gave a talk on the value of buying ...
Cat Bond Yields Attract Inexperienced Buyers, Warns Swiss Re CFO
Swiss Re Ltd.'s new chief financial officer, David Cole, said high yields for insurance-linked securities such as catastrophe bonds may lure inexperienced buyers not guarded for the risks they carry. ...
Are Bermuda Reinsurers Doomed to Be Middlemen?
In a report on the Bermuda reinsurance market released Tuesday, Standard & Poor's Rating Services raised the prospect the Bermuda reinsurers could ultimately become middlemen between companies ...
Some ILS Money Irrational; Trad’l Re Mkts Adding Terror to Cat Cover: CEO
The once responsible insurance-linked securities market is showing signs of being overheated and irrational, the chief executive of the holding company for a Bermuda-based reinsurer said on Friday. ...