The recent rise in the use of indemnity trigger transactions within the ILS market is likely to continue, Michael Madigan, a partner in the insurance practice, and head of the property and casualty alternative risk transfer practice in New York, at law firm Sidley Austin, says. He talks to Bermuda:Re+ILS about what’s driving this trend and warns of the perils of making a snap decision.
Overall, 72 percent of outstanding cat bond principal is exposed to US hurricane risk, and 48 percent to US earthquake risk. But does a large industry loss necessarily translate to large losses for investors? Rhodri Lane and Adil Imani give their view.
In what is a very competitive environment, reinsurers are weighing their options—which include mergers and acquisitions and diversification. Bermuda:Re+ILS invited leaders from a number of Bermuda players to our annual Monte Carlo Reinsurance & ILS Round Table to debate the options available to reinsurers and describe how they see the future.
Choosing, implementing and running risk management software can be an expensive and frustrating task. This pressure can be eased by relying on experienced specialists who can help cut through the complexities and reduce costs, as Dmitry Mnushkin explains.
Cat bond pricing faces continued downward pressure in the face of buoyant investor demand. Here, we explore the pricing dynamics with key players in the ILS market.
CATstream, Aon Benfield Securities’ latest facility focused on the cat bond market, promises to deliver expedited and simplified transactions to clients. Paul Schultz of Aon Benfield Securities talked to Bermuda:Re about its potential.
The convergence market is encouraging some creative thinking in the market. Here, we explore some of the key innovations and their implications for the ILS sector.
Convergence players are behind some of the competitive dynamics facing the industry, but also face many of its headwinds. Here, we address how such markets are differentiating their offering in the current difficult conditions.
We address the changing make-up, focus and expectations of investors in the convergence space as the market broadens and matures.
Catastrophe modelling firms are increasingly sophisticated stakeholders in the ILS space, driving innovation, diversification and a greater understanding of risk transactions.