ILS

Reinsurers are diverging in their approaches to third-party capital platforms, with a mix of expansion and cutbacks occurring across companies.

The $100mn MultiCat Mexico class C notes look to be in line for a $50mn payout as a result of Hurri-cane Patricia, which struck Mexico last October, sister publication Trading Risk reported last week

German reinsurance giant Hannover Re has disclosed that returns from its catastrophe excess-of-loss portfolio are no longer expected to cover its cost of capital

Insurance-linked securities (ILS) brokers are expecting about $7bn of new volumes on the cat bond market in 2016, sister publication Trading Risk reported.

The Catco Reinsurance Opportunities Fund delivered an 11.58 percent gain for 2015, as it recorded a 1.75 percent impact from reserves for UK flooding and US tornadoes.

Flood Re, the UK's government-backed reinsurance scheme, has secured the final tranche of its retrocession cover, taking its reinsurance limit to £2.1bn ($3bn).

The recent wave of debt-driven broker consolidation could stall in the US, as sell-offs in the high-yield debt market impair private equity firms' ability to sufficiently leverage potential acquisitions

XL Catlin has defied the negative sentiment on total return reinsurance vehicles to press ahead with the creation of Alloy Re, The Insurance Insider can reveal.

Flood Re, the UK's government-backed reinsurance scheme, has secured the final tranche of retrocession to take its backing to £2.1bn ($3bn)

The fourth quarter of 2015 saw the lowest catastrophe bond issuance volume for the period since 2009 and the second-lowest since 2005, according to a report from GC Securities.

The top 10 ILS funds have grown their assets under management (AuM) to $44bn - up by 4 percent from six months earlier and 7 percent from January 2015, according to the latest Trading Risk investor survey.

XL managed to trim 50 basis points (bps) off the targeted insurance-linked premium on its new $300mn Galileo Re cat bond, sister publication Trading Risk reported last week.