ILS

The latest bout of flooding in south eastern Australia as prompted industry body the Insurance Council of Australia (ICA) to declare widespread areas of New South Wales (NSW) as catastrophe zones.

The Insurance Insider's new regular feature on asset management in the P&C (re)insurance sector…

Capital market investors have directed $3bn-$4bn of new funds into the insurance-linked securities (ILS) sector this year with a strong focus on the liquid cat bond side of the market

Cat bond issuance has reached nearly $1.3bn for 2012 - far ahead of the $915mn market volume recorded this time last year.

Capital market solutions feature in Florida last-resort insurer's proposed $1bn private reinsurance package...

Two Asian advisory and research firms have launched a new index to track returns from hedge funds specialising in insurance-linked assets.

A piece of draft legislation that includes an amendment to cut the size of the Florida Hurricane Catastrophe Fund (FHCF) from $17bn to $15bn has been passed with a unanimous vote by the state's Senate Budget Committee.

The Cayman Islands Stock Exchange (CSX) has reached its 100th cat bond programme and series listing, with a total face value of around $8.5bn

Deutsche Bank has completed the largest longevity swap to date via a huge risk transfer deal with insurer Aegon covering EUR12bn in annuity liabilities.

US insurer Chubb has dropped earthquake risk from its latest cat bond offer and will instead add tornado risk to the US hurricane cover it is seeking from the new East Lane Re V issuance.

Florida's Citizens Property Insurance Corporation is looking to buy a minimum of $1bn of private reinsurance cover that will include a $250mn cat bond underwritten by Goldman Sachs, The Insurance Insider can reveal.

Bermudian short-tail specialist Lancashire said it is gearing up to take on more Japanese exposure at 1 April as it looks to take advantage of an improved supply-demand equation