Aon Securities has launched a new private catastrophe bond placement platform for transactions above $25mn in issuance size.
AJG’s captive and alternative risk transfer subsidiary, Artex Risk Solutions, has purchased Dallas, Texas-based reinsurance broker EWI Re.
French mutual Covéa Group has competed its sponsorship of a new Eur120mn ($133mn) Hexagon II Reinsurance DAC catastrophe bond which will sit along its traditional 1.1 renewed XoL cat cover.
Arthur J Gallagher subsidiary Artex Risk Solutions has completed its purchase of Bermudian insurance manager and ILS fund administrator Horseshoe Insurance Services Holdings.
Securis Investment Partners has engaged Willis Re to extract the ILS fund manager from its unhappy involvement with the Lloyd’s market, The Insurer can reveal.
ILS fund participation in the cyber market is expected to soar, according to Mike Millette, as Hudson Structured Capital Management (HSCM) looks to cement more deals in the space.
The alternative capital market is in a state of flux, with investors in the sector “fatigued” by consecutive years of trapped capital, AIG’s Brian Duperreault has said.
The ILS sector has reached an “inflection point” as year-to-date non-life capacity issued slipped to $2.75bn in 2019, down from $9.2bn at the end of 2018, according to Willis Re Securities.
As carriers gear up to report the toll taken on Q3 balance sheets after months of substantial losses in both the property and casualty markets, H2 results will be partially offset by strong investment returns and an uptick in rate rise momentum.
Ahead of the reinsurance community descending on Baden-Baden this year, David Flandro, managing director of Hyperion’s technology-driven analytics business – Hyperion X Analytics – sat down with The Insurer to discuss the outlook for the market as 1.1 renewals approach.