Brokers/Consultants EMERGING TRENDS ILS & Capital Markets Reinsurance Markets REINSURANCE/ILS (Re)insurers seeking growth are running to emerging risks…rather than away – Aon Benfield’s Head of Strategy With losses from Hurricane Mathew and other catastrophe losses, 2016 has seen the highest loss activity in three years. Even so, according to Andrew Marcell, Global Head of Strategy at Aon Benfield, the impact on rates in property reinsurance will be fairly minimal. There are numerous emerging risks from new technologies and the sharing economy. For instance, Aon reports a … Read More
WRIN.tv Newswire Catastrophe Insurance Market to Grow at 5.49% CAGR to 2020 PUNE, India, October 13, 2016 /PRNewswire/ –2016 global catastrophe insurance market research says one of the key trends for market growth will be improvements in capital management leading to greater performance of different investments. Many insurance vendors are working to achieve market leading investment performance. Such efforts may help the vendors to develop and sustain a huge asset base to … Read More
ILS & Capital Markets Markets Recent Stories In a world “Awash in Capital”, investors turn to reinsurance in search for yield A report published by the Insurance Information Institute (III), suggests the world is “Awash in Capital.” III President Robert Hartwig joins WRIN.tv to discuss the impact of capital that has turned to the insurance and reinsurance sector in a search for yield. Dr. Hartwig says the report looked at cash holdings of companies worldwide and found that “the world is … Read More
Recent Stories Reinsurance Markets Bermuda Stock Exchange had over 50% of all Cat Bond issues WRIN.tv caught up with Greg Wojciechowski, President of the Bermuda Stock Exchange (BSX), at the SIFMA IRLS Conference. He gives his perspective on the growth in the Cat Bond market and its impact on the Bermuda market, which is the leading global domicile for ILS with about $16 billion listed on the BSX. There were about 115 listed securities on … Read More
ILS & Capital Markets Recent Stories Cat Bond Lite securities reduce frictional costs…show signs of growth – AVP at ISO. It was a record year for Insurance Linked Securities in 2014, and new approaches to alternative capital are have emerged. Here Tom Johansmeyer, AVP Reinsurance Services at ISO, speaks with WRIN.tv about Cat Bond Lite at the recent IRLS Conference in New York. According to Mr. Johansmeyer, Cat Bond Lite “is a streamlined way to transfer risk in a securitized format.” It … Read More
Brokers/Consultants ILS & Capital Markets Recent Stories Brokers must add value to keep capital from “jumping the chain” – Aon Benfield Securities President World Risk and Insurance News speaks with Paul Schultz, President of AonBenfield Securities, about current trends in the insurance linked securities and Cat Bond market, as well as the evolving role of the reinsurance broker in executing these deals. According to Mr. Schultz, “2014 was a big year for Cat bonds and collateralized reinsurance.” There were a couple of very large … Read More
ILS & Capital Markets Markets Recent Stories More capital and comfort with modeling spurring growth in ILS – S&P WRIN.tv reports from SIFMA’s Insurance and Risk Linked Securities (IRLS) Conference in New York, where the discussion centered on the record-setting insurance linked securities (ILS) and catastrophe bond markets. Here, Standard and Poor’s Director Gary Martucci discusses the drivers of growth in alternative capital and if it will continue. According to Mr. Martucci, he does expect 2015 to be an … Read More
Reinsurance Markets “Disruptive” alternative capital a concern for reinsurers Former Connecticut Insurance Commissioner Tom Leonardi speaks with WRIN.tv about the alternative capital that has come into the (re)insurance industry. Mr. Leonardi joined the investment banking firm of Evercore Partners in January. He mentioned a survey that said the influx of capital into the property-casualty market, through CAT Bonds or ILS, was one of the top disruptive forces in the … Read More
FEATURED INDUSTRY NEWS Legislation/Regulation Former CT Commissioner Leonardi on capital standards, alternative capital, ACA challenges, and more. Late last year, Tom Leonardi left his post as the Connecticut Insurance Commissioner to join Evercore Partners, the investment banking firm. WRIN.tv spoke with Tom about the capital standards, the influx of capital in the industry, the new Congress, the Affordable Care Act, M&A and more. Mr. Leonardi reviews efforts to establish capital standards at the U.S. and international level, … Read More