ILS

The 10 largest insurance-linked securities (ILS) fund managers now control almost $36bn of assets, a total which rose by 29 percent over the course of 2013, according to an exclusive survey by our sister publication Trading Risk. Normal 0 &

Tokio Marine is seeking earthquake cover from the cat bond market with its latest issuance, Kizuna Re II, sister publication Trading Risk reported.

Catlin can draw on $300mn of third-party capital after creating a non-Lloyd's collateralised quota-share vehicle for 2014 and expanding its special purpose syndicates (SPSs), according to the company's founding CEO Stephen Catlin.

Validus Re has thwarted the US government in a dispute with the Internal Revenue Service (IRS) over a $435,380 tax bill it was forced to pay on retrocession cover. It could have wide-ranging implications

Catlin has established a new sidecar vehicle that provides it with collateralised reinsurance support, the company said as it released its 2013 results

RenaissanceRe almost doubled the limit deployed via its Upsilon Re retrocession sidecar in the January 2014 renewals, the company told sister publication Trading Risk.

Some 15 percent of Montpelier Re's net property catastrophe premiums were written on a collateralised basis in 2013, according to the reinsurer's annual results.

Scor CEO Denis Kessler has questioned the long-term commitment of some insurance-linked securities (ILS) investors, comparing their current enthusiasm for the reinsurance sector to the infatuation generated by a mistress

A fundamental change in reinsurance buying patterns has been a big contributor to the tough market conditions currently faced by reinsurers, according to Willis Re CEO John Cavanagh.

A fundamental change in reinsurance buying patterns has been a big contributor to the tough market conditions currently faced by reinsurers, according to Willis Re CEO John Cavanagh

The news that Nephila Capital has reached $10bn in assets under management highlights the extent to which independent fund managers have become entrenched in the reinsurance market

The Q4 results season - to date at least - only seems to have identified winners, assisted by 2013's relatively benign cat conditions. The law of the jungle tells us this will not continue indefinitely...