ILS

Industry loss warranty (ILW) buyers are returning to the market after a very quiet trading season, seeking cheap stopgap cover for the remainder of 2009, according to broker-dealers.

As the full impact of the credit crisis hit last autumn, one of the few markets to celebrate was the Asian surety bond market...

(Excess) capital is back. Should the industry follow Munich Re’s lead?

Former Swiss Re trader Al Selius has joined London-based Securis Investment Partners to start a New York office for the firm.

Swiss Re has launched a three-year $250mn Mexican wind and earthquake cat bond, as first predicted by our sister publication Trading Risk.

Swiss Re is scaling back its exposure on the giant 2010 reinsurance programme placed by the California Earthquake Authority (CEA) by more than a third.

Hartford hires new CEO; restocks after Arch raid; Glaser's wait doubles; MMC up 33 percent in 3 months; Contingent capital comeback...

Deutsche Bank is developing an equity-based insurance-linked instrument that would provide (re)insurers with an alternative to cat bonds and sidecar vehicles, The Insurance Insider understands.

The Bermuda Monetary Authority (BMA) is enhancing insurance regulation in a push to become the ILS jurisdiction of choice.

Global reinsurance giant Munich Re is resuming the share buyback programme it cancelled seven months ago at the nadir of the global financial crisis, citing a "stabilised economic environment" and "unneeded capital".

Swiss Re has launched a three-year $250mn Mexican wind and earthquake cat bond, as first predicted by The Insurance Insider's sister publication, Trading Risk.

Hannover Re has successfully repurchased a third of Merlin - its EUR95mn 2007 reinsurance recoverable securitisation - in the secondary market, our sister publication Trading Risk revealed.