Reinsurance News

alternative risk transfer

New sponsors account for over 13% of record cat bond issuance: Report

8th January 2021

Inaugural full catastrophe bond issuances from insurers and reinsurers in 2020, combined with maiden deals from the largest municipal utility in the U.S. and Google's parent, Alphabet, Inc., contributed to a record year for the catastrophe bond and related insurance-linked securities (ILS) market. The Artemis Deal Directory ... Read the full article

MS Amlin launches Singapore SPRV Phoenix 1 Re

5th January 2021

MS Amlin Asia Pacific Pte. Ltd, the Singapore-based operation of Lloyd's re/insurer MS Amlin Underwriting Limited, has launched Phoenix 1 Re Pte. Ltd., a landmark special purpose reinsurance vehicle (SPRV) in Singapore. Phoenix 1 Re is the first locally issued insurance-linked securities (ILS) structure designed to provide capacity to a local ... Read the full article

Pure property catastrophe bonds push market to record high in 2020: Report

4th January 2021

More than $11 billion of pure property catastrophe bond issuance, alongside another active year for mortgage insurance-linked securities (ILS) deals, helped the catastrophe bond and related ILS marketplace break records in 2020, according to Artemis. The recently published Q4 2020 catastrophe bond and ILS market report from our sister ... Read the full article

Prospectus 2021 – a new conference for the traditional & alternative markets

2nd September 2020

We're excited to announce the launch of our first conference brought to you by both Artemis and Reinsurance News, Prospectus 2021 - a new annual reinsurance and insurance-linked securities (ILS) event held from November 12th to the 18th 2020. By bringing together both of our titles, Prospectus 2021 ... Read the full article

Alternative capital is here to stay, so leverage it, say industry execs

20th November 2019

Panellists at the 2019 S&P Global Ratings Bermuda Reinsurance Conference, held in early November, agreed that despite a recent pull-back and an expectation of lower returns going forward, alternative reinsurance capital is here to stay. After experiencing record levels of growth, the impacts of 2017 and 2018 catastrophe losses resulted in ... Read the full article

Allianz (AGCS) makes senior appointments to alternative risk transfer unit

9th May 2019

Allianz Global Corporate & Specialty SE (AGCS) has announced that Grant Maxwell, current Head of Alternative Risk Transfer (ART) for its Regional Unit London (RUL), is to move into a newly created global role as Head of Underwriting and Portfolio Management. Additionally, Dan Tomlinson, currently a senior ART underwriter in London, ... Read the full article

Allianz (AGCS) expands alternative risk transfer line to Asia Pacific

26th October 2018

Allianz Global Corporate & Specialty SE (AGCS), Allianz Group’s specialist carrier for corporate insurance business, is expanding its alternative risk transfer (ART) line of business to the Asia Pacific region. Richard Green has been appointed to lead the new unit as Regional Head of ART, Asia Pacific, with effect from 15 ... Read the full article