ILS

Two US state-sponsored reinsurance buyers were among the major winners at the fourth annual Trading Risk awards, which took place last week at a black tie ceremony held in London.

German insurer Talanx was the latest insurer to defer its IPO last week as the euro crisis troubled the markets.

Bermudian (re)insurer Alterra Capital holds about a 35 percent stake in its latest New Point retro sidecar, according to a filing made by the company.

The winners of the 2012 Trading Risk Awards were revealed at a ceremony hosted in London last night by our sister publication

Uncertainty in the capital markets and depressed investment income are focusing the wider (re)insurance industry on the value that legacy solutions can create, a panel of senior legacy professionals has said

Bermudian (re)insurer Alterra Capital has launched another incarnation of its New Point sidecar, the company announced today (20 June)

Insurance-linked securities (ILS) premiums rose 8.47 percent on a risk-adjusted basis from the end of the first quarter to the end of May, according to Willis Capital Markets & Advisory data.

Industry loss warranty (ILW) prices for peak US wind covers dropped about 10 percent in June with very little trading in the contracts after a smooth renewal on the traditional market, sister publication Trading Risk reported last week.

US insurer Assurant Inc has bulked up limits on its property cat reinsurance programme by more than 15 percent to keep in line with its growing catastrophe exposures.

Bermudian (re)insurer Alterra is still working on a renewal of its retro-focused $200mn+ sidecar New Point Re IV, although it did not deploy New Point capacity in the June renewal, sister publication Trading Risk has reported.

Cat rate increases for Florida renewals disappoint, despite hard market expectations

Lancashire Group is trimming its book by some 10 percent by exiting the property direct and facultative (D&F) and onshore energy markets