Capital markets

All three of the top Japanese insurers are set to be active in the ILS advisory sector, as Mitsui Sumitomo and Sompo's asset management subsidiaries prepare to follow their peer Tokio Marine into the business

Axis has paired up with alternative investment powerhouse Blackstone to build a "hedge fund reinsurer" being likened to Arch-Highbridge joint venture Watford Re, The Insurance Insider understands

PwC insurance partners Bryan Joseph and James McPherson will join their former colleague Quentin Moore in launching a new advisory firm that will capitalise on the growing interest of long-term capital market investors in insurance risk

Everest Re has launched a Kilimanjaro Re quake-only cat bond, marking its return to the ILS market following its debut $450mn issuance in April.

Reinsurance buyers are looking for long-term capacity in a backlash against the alternative market ahead of the 1 January renewals, Scor CEO Denis Kessler told The Insurance Insider.

As reinsurers and buyers gather in Arizona for PCI, the message from their European counterparts in Baden-Baden last week was clear: prepare for tough negotiations and embrace alternative capital.

Amlin has completed its previously announced agreement to increase its stake in insurance-linked securities (ILS) fund manager Leadenhall Capital Partners from 40 percent to 75 percent.

Some $3.8bn of cat bonds will come off-risk in the next two quarters in an unprecedented volume of maturities within the market, Munich Re noted in its latest quarterly insurance-linked securities (ILS) report.

Amlin has signed a definitive agreement to lift its stake in insurance-linked securities fund manager Leadenhall Capital Partners (LCP) from 40 percent to 75 percent, the Lloyd's carrier announced today (24 October)

The £500mn subordinated bond being placed by the Corporation of Lloyd's has attracted £1bn of orders from institutional investors, driving pricing down, according to a press release from lead bank Citigroup.

The influx of third party capital is disrupting the traditional value chain of the insurance industry, according to the European head of Tokio Millennium Re.

The blurred boundaries between the traditional roles of carriers, reinsurers and brokers should be embraced as an opportunity by reinsurers rather than being seen as a threat, according to Brian Duperreault