ILS

The new capital lured by the relatively high returns of the catastrophe reinsurance sector could be around longer than some market watchers expect, according to Guy Carpenter's head of global business intelligence David Flandro.

Private equity heavyweight Apollo is not convinced that the reinsurance pricing cycle has been altered by the rise of the alternative market and has questioned whether now is the right time to move into the insurance-linked securities (ILS) management sector, according to sources.

Four new cat bond offerings have been launched in the past 10 days as sponsors continue to take advantage of the strong appetite among investors for securitised catastrophe reinsurance risk. We look at all the bonds in the pipeline, together with 2013 issuance to date...

We analyse all the major capacity changes on the Citizens' 1.6 programme...

Tokio Solution Management and GC Securities have launched a new platform designed to help smaller insurers source capital markets reinsurance capacity by issuing streamlined private cat bonds.

Bermudian (re)insurer Axis Capital is set to start buying retro after having previously been a net writer, the firm said.

The new capital lured by the relatively high returns of the catastrophe reinsurance sector could be around longer than some market watchers expect, according to Guy Carpenter's head of global business intelligence David Flandro.

RenaissanceRe CFO Jeff Kelly has told investors that the reinsurer's optimal position is to deploy both shareholder and third-party capital, although balancing the two comes with a trade-off

Steven Cohen's hedge fund SAC Capital could face investor withdrawals of up to $3.5bn, or more than half the $6.75bn third-party capital it manages, according to recent reports.

Gen Re chairman and CEO Tad Montross said insurance linked securities (ILS) investors should question the idea that the asset class provides non-correlating returns, speaking at a Standard & Poor's insurance conference in New York last week.

Deutsche Bank is set to enter the insurance-linked securities (ILS) management sphere with a $100mn fund that will be led by managing director Michael Amor

With Axis Capital and Lancashire both adding to their capital market teams last week, The Insurance Insider traces all the major moves by P&C (re)insurers to build alternative reinsurance operations