Economic volatility & tariff turmoil will elevate pension funds desire to diversify
In an increasingly volatile and uncertain financial world where the investment landscape has been exposed to unpredictable shocks, pension funds have been among the most affected by equity market declines and this is expected to further heighten the desire to diversify their asset portfolios. Stock market indices across major economies have fallen in the wake […]
At a macro level, the need for re/insurance is increasing: Aon CEO Case
Regardless of the turbulent macroeconomic environment, the long-term trends, in terms of levels of risk, is on the rise, and as the need for solutions increases, there will be implications for demand and pricing of re/insurance, according to Greg Case, Chief Executive Officer (CEO) of global broking group Aon. Earlier today, insurance and reinsurance broker Aon […]
The level of cat bond and parametric work we’re doing is exceptional: Aon CEO
Having reported another quarter of double-digit revenue growth for its catastrophe bond and insurance-linked securities (ILS) related activities, Greg Case the CEO of broking giant Aon also highlighted parametric risk transfer as another area he sees activity levels as exceptional in. Reporting its first-quarter results today, Aon disclosed 4% organic revenue growth in its Reinsurance […]
Catastrophe bond issuance already on-track to surpass record for first five months
Even with a few days to run of the fourth month of the year, catastrophe bond market issuance in 2025 is already on-track to set a new record for issuance through May, as the pipeline of new cat bond deals continues to build. With new catastrophe bond issuances that have completed and settled this week, […]
Terrorism risk could gain further traction in the cat bond market: Man Group
As the catastrophe bond market continues to evolve, the inclusion of non-natural catastrophe risks like terrorism could become increasingly appealing to insurance-linked securities (ILS) investors seeking to optimise their portfolios, according to Man Group. In a recent commentary, global independent alternative and active investment management firm Man Group highlighted how the cat bond market is […]
Peak Re secures second Black Kite Re catastrophe bond at targeted $50m size
Peak Re has now successfully priced its second catastrophe bond with the Black Kite Re Limited (Series 2025-1) issuance set to provide the targeted $50 million of retrocession across Japanese typhoon and earthquake risks on an industry-loss basis, as well as China and India earthquakes using a parametric trigger. The Hong Kong headquartered global reinsurance company returned to […]
Zenkyoren’s new catastrophe bond the first ever to use ADB note as collateral asset
The recent $100 million Nakama Re Pte. Ltd. (Series 2025-1) catastrophe bond sponsored by Zenkyoren, the Japanese National Mutual Insurance Federation of Agricultural Cooperatives, was the first ever cat bond issuance to utilise bonds issued by the Asian Development Bank (ADB) as collateral assets. Being a fully-collateralized reinsurance arrangement to provide Zenkyoren with multi-year protection against earthquakes […]
Reinsurance returns still strong, growth a rational view: J.P. Morgan
Returns in the reinsurance market are still strong despite softening at recent renewals and this is driving some reinsurers to seek out growth while the opportunity remains, which analysts at J.P. Morgan call a rational view. Traditional reinsurance firms have been building their reserve buffers through the hard market for just such an eventuality, a […]
Parametric regional risk pools get Global Shield support to deepen collaboration
The main four parametric disaster insurance risk pools have signed a grant agreement with the Global Shield Solutions Platform (GSSP) to help them accelerate and deepen their collaboration, something which could have implications for how they transfer risk to reinsurance and potentially capital markets. Back in 2023, the African Risk Capacity Limited (ARC), Caribbean Catastrophe […]
Hannover Re fronted more collateralised reinsurance participations for investors in 2024
Hannover Re’s insurance-linked securities (ILS) market facilitation activities continued to expand in 2024, with the number of collateralised reinsurance participations fronted for investors rising, while its catastrophe bond fronting also grew to a new record level. Hannover Re has been active in the insurance-linked securities (ILS) market for many years, as sponsor of securitized risk […]