ILS

Private market Floridian insurers' incremental demand could help to foster more stable rates at the 1 June renewals, according to Everest Re reinsurance CEO John Doucette

The final regulations for London's insurance-linked securities (ILS) hub have been delayed until after the UK general election on 8 June

Spreads for American Integrity Insurance Company's debut cat bond Integrity Re 2017-1 settled at the lower end of revised guidance, according to sources

The Resilience Re club cat bond platform run by Willis Towers Watson Securities has completed its third deal this year with a $173mn insurance-linked securities (ILS) issuance, according to a Bermuda Stock Exchange announcement

The standalone cyber (re)insurance market is resilient enough to withstand a major cyber catastrophe and offer a sustainable long-term coverage proposition, JLT Re has claimed

UK Prime Minster Theresa May's decision to call a snap election has caused the forthcoming London insurance-linked securities (ILS) regulations to be delayed.

Marsh and its Schinnerer underwriting management arm have launched the first alternative capital-backed retail property-insurance vehicle for American companies.

Nationwide Mutual Insurance Company is seeking to raise $300mn from a new Caelus Re cat bond, according to sources.

Attractive prices drew sponsors to the cat bond market in the first three months of 2017, resulting in a record volume of insurance-linked securities (ILS) issuance for an opening quarter.

Florida's state-backed insurer Citizens looks set to buy only three layers of reinsurance for its coastal account this year, purchasing little more than half the $2.46bn of limit it did in 2016, The Insurance Insider can reveal.

Florida Citizens Property Insurance is targeting $250mn for its new Everglades Re II cat bond, according to sources.

Louisiana Citizens Property Insurance Corporation is on track to close its new Pelican Re cat bond for an insurance premium of 225 basis points (bps) - the lowest ever for a US wind deal.