September 25th, 2015

Week’s Top Stories: September 19 - 25, 2015

Posted at 7:00 AM ET

Disruptive Forces to M&A Activity: Alternative Capital Directly Supporting Increased Market Competition: The flow of alternative capital into the reinsurance markets has been sustained and substantial. The growth of this capital, coming from a number of sources, including fund managers and sidecars, has been a staggering 22 percent - compounding since 2008 and accelerating to 34 percent during the period 2012 to 2014. There was a consequent rate softening, mostly felt within the reinsurance landscape, particularly in short tail lines. The softening then trickled down into the specialty insurance classes.

Read the article>>

 

Chart: Private Cat Bond Market, First Half, 2015: Chart shows the private catastrophe bond market with USD 753.1 million of limit placed in rule 4(2) private placement format via fifteen transactions in the first six months of 2015. The 2015 year-to-date volume exceeded total full-year issuance in 2014 of USD 561.5 million.

Read the article>>

 

Guy Carpenter Examines Emerging Risks Impacting the (Re)insurance Industry: Guy Carpenter published a new report, A Clearer View of Emerging Risks, which examines four key areas where risks continue to emerge or are largely unknown.

Read the article>>

 

GC Capital Ideas Recent CAT-i Stories: Here are recent CAT-i stories from the period July to mid-September of 2015.

Read the article>>

 

Solvency II Horizon: Challenges and Strategic Impact: After a long period of discussion and many delays, the new European insurance regulatory regime, Solvency II, will commence in January 2016. The rules will be compulsory for all insurance and reinsurance companies and groups in the European Economic Area. The Solvency II rules were developed over a period of more than 15 years, and there are many reasons for the long delay. Two notable reasons are differing business models from country to country and pressure on long-term guarantee products in the private pension system created by the low interest rate environment.

Read the article>>

 

And, You May Have Missed…

PA/MGA Program Size: The average size of programs targeted by carriers has changed to reflect economic, rate adequacy and expense factors. Carriers remain more flexible with their program minimum premium requirements, their willingness to consider startup programs, their willingness to front and the territorial scope in which they are willing to write business.

Read the article>>  

 

Click here to register to receive e-mail updates>>

 

Securities or investments, as applicable, are offered in the United States through GC Securities, a division of MMC Securities Corp., a US registered broker-dealer and member FINRA/NFA/SIPC. Main Office: 1166 Avenue of the Americas, New York, NY 10036. Phone: (212) 345-5000. Securities or investments, as applicable, are offered in the European Union by GC Securities, a division of MMC Securities (Europe) Ltd. (MMCSEL), which is authorized and regulated by the Financial Conduct Authority, main office 25 The North Colonnade, Canary Wharf, London E14 5HS. Reinsurance products are placed through qualified affiliates of Guy Carpenter & Company, LLC. MMC Securities Corp., MMC Securities (Europe) Ltd. and Guy Carpenter & Company, LLC are affiliates owned by Marsh & McLennan Companies. This communication is not intended as an offer to sell or a solicitation of any offer to buy any security, financial instrument, reinsurance or insurance product. **GC Analytics is a registered mark with the U.S. Patent and Trademark Office.

AddThis Feed Button
Bookmark and Share


Related Posts