Applied Filters
Why the development of a secondary market will transform ILS
The ILS market has become an increasingly important feature in the risk transfer landscape in recent years, and is growing increasingly diverse, encompassing not only catastrophe risks but cyber and other forms of coverage. What it needs now to take it to the next level is a liquid secondary market. Bermuda:Re+ILS reports.
Greater than the sum of their parts
In October 2019, Artex Risk Solutions acquired Horseshoe Group in a deal that created the world’s largest ILS service provider. Paul Eaton of Horseshoe, the go-forward brand name for the combined ILS business, speaks to Bermuda:Re+ILS about what this means for clients and the future of the business.
Making an opportunity out of a crisis
COVID-19 is first and foremost a human tragedy. But, like other crises, it is pushing investors towards simple, liquid assets that offer underlying cash flows and that are not correlated with other asset classes, as AkinovA’s Henri Winand told Bermuda:Re+ILS.
ILS and the effects of the COVID-19 crisis
The impact of the COVID-19 virus on the global economy has been profound. Greg Wojciechowski of the Bermuda Stock Exchange and the ILS Bermuda Thought Leadership team share their thoughts about the impact it has had, and is likely to have going forward, on the ILS business.
Resilience and sustainability goals drive interest in ILS
Collaboration between insurance and capital markets will promote innovative solutions for today’s big challenges, including that of climate change, says Greg Wojciechowski of the Bermuda Stock Exchange.
A decade of deadly weather
2019 brought to an end a decade of costly events for the insurance industry, according to a new report by Aon. Bermuda:Re+ILS investigates.
Protecting the Belt & Road
China’s Belt and Road Initiative, the economic project which aims to recreate the ancient Silk Road that linked Europe to Asia, needs protecting. ILS could provide the perfect solution, as Kirill K. Savrassov, chief executive of Phoenix CRetro Reinsurance Company, tells Bermuda:Re+ILS.
Buyers bemoan ILS need for models
While the ILS sector continues to grow and innovate, investors’ insistence on the use of tried and tested risk models, combined with a wariness of new risks, is holding the market’s development back, some cedants claim. Bermuda:Re+ILS investigates.
Cyber reinsurers need ILS, ILS needs cyber reinsurers
As reinsurers grapple with the opportunities and challenges presented by cyber risk, ILS could provide at least some of the solutions. Tom Johansmeyer, head of PCS, reviews the prospects that cyber opens up.
The lure of rated paper
A year ago, there were rumours that some ILS funds were mulling launching rated carriers. Now, a number are openly discussing how this would work with regulators and investors. Bermuda:Re+ILS examines the drivers behind what appears to be a potential game-changer for the ILS sector—and why Bermuda could take centre-stage.
