Only 5 percent of ILS end investors are attracted to the idea of investing in securitised cyber risk, according to the new Global Insurance-Linked Securities Market Survey Report from Willis Towers Watson. 18 November 2020
Arch Mortgage Insurance Company (Arch MI) has secured nearly $452 million of indemnity reinsurance on a pool representing approximately $31 billion of mortgages from Bellemeade Re 2020-3, a special purpose reinsurer. 4 November 2020
Willis Re Securities and Willis Re have structured and placed $100 million of insurance-linked securities for Minnesota Life, a life insurance subsidiary of Securian Financial Group. 27 October 2020
Radian Guaranty, a wholly owned subsidiary of the Radian Group, has obtained $390 million of fully collateralised excess of loss reinsurance coverage from Eagle Re 2020-2, a Bermuda-based special purpose insurer. 26 October 2020
Swiss Re Capital Markets has structured and placed $775 million of insurance-linked securities (ILS) by Ursa Re II, to be used for the protection of the California Earthquake Authority (CEA). 23 October 2020
Genworth Mortgage Insurance Corporation (Genworth MI) has obtained $349.6 million of fully collateralised excess of loss reinsurance coverage from Triangle Re 2020-1, the Bermuda-based special purpose insurer. 23 October 2020
NMI Holdings has priced a $242 million deal for 10-year mortgage insurance-linked notes, issued by Oaktown Re V, a newly formed Bermuda special-purpose insurer. 21 October 2020
