Posts Tagged ‘capital’



August 26th, 2015

Mid-Year Report: Executive Summary, Part II

Posted at 1:00 AM ET

The trends outlined in Guy Carpenter’s January 1 renewal report continued through the first six months of 2015. Guy Carpenter’s observation that buyers were purchasing more catastrophe limit to take advantage of lower costs, continued to be borne out and even accelerated. The increased demand for reinsurance and expansion of tailored coverage persisted through the April, June and July renewals.

Continue reading…

August 25th, 2015

Mid-Year Report: Executive Summary, Part I

Posted at 1:00 AM ET

The (re)insurance industry continues to evolve and adapt to a changing market on many fronts. Recent areas of focus include heightened cyber security risk, increased regulation, political and economic uncertainty, low interest rates and slow economic growth. At the same time, (re)insurers are managing new capital inflows, excess capacity and few catastrophe losses.

Continue reading…

July 20th, 2015

Guy Carpenter Launches MetaRisk® Reserve™ 4.5

Posted at 10:45 PM ET

Guy Carpenter today announced the launch of MetaRisk® ReserveTM 4.5. The latest version of this powerful reserve risk modeling solution delivers a faster and more flexible aggregation tool as well as an updated and unique predictive model for calculating Solvency II and ORSA issues.

Continue reading…

July 13th, 2015

Guy Carpenter Mid-Year Review Assesses Key Industry Trends

Posted at 10:30 PM ET

2015-mid_year_web_image-smallGuy Carpenter today released its 2015 Mid-Year Report on the (re)insurance landscape. In addition to providing a brief recap of renewal activity highlighted in their release on July 9, the report assesses key industry trends, including a detailed assessment of mergers and acquisitions activity and highlights other notable themes such as cyber security risk, increased regulation and public-private partnerships.

Continue reading…

July 8th, 2015

Benchmarks for Enterprise Risk Management Disclosures

Posted at 1:00 AM ET

Here we present GC Capital Ideas’ stories on analyses of enterprise risk management disclosures. A 2014 study updated the analysis done in 2009, one of our most popular stories. The full briefings are attached.

Continue reading…

June 29th, 2015

First Time Cat Bond Issuers, Q1 2015

Posted at 1:00 AM ET

In a promising sign for the 144A P&C catastrophe bond market, one new issuer successfully obtained capital markets protection during the first quarter. Safepoint Insurance Company, seeking to establish long-term relationships with alternative capital providers, issued USD100 million of Principal At-Risk Variable Rate Notes via a newly established catastrophe bond shelf program, Manatee Re Ltd. Series 2015-1. As the deal upsized from USD75 million, the insurance-linked securities investor base accommodated the growing Florida insurer, clearly demonstrating investors’ willingness to assume risk from start-up and/or growing insurance companies seeking protection in 144A bond format.

Continue reading…

June 25th, 2015

Repeat Cat Bond Issuers, Q1 2015

Posted at 1:00 AM ET

Six repeat sponsors re-entered the market in the three months ending March 31, each issuing either replacement coverage or additional limit in advance of the North Atlantic wind season. Many of the repeat sponsors sought to continue to take advantage of attractive pricing as demonstrated by Catlin’s Galileo Re Ltd. Series 2015-1 Notes. This particular transaction was Catlin’s second catastrophe bond issuance through the Galileo Re Ltd. catastrophe bond facility and fifth overall 144A catastrophe bond issuance, with the 2015-1 tranche sitting below the outstanding Series 2013-1 layer. The 2015-1 Notes demonstrate that investors continue to show an interest in high risk/higher yielding products as the initial risk interest spread on the Galileo Re Series 2015-1 Notes is 13.50 percent with a modeled annual expected loss of 8.60 percent on a sensitivity basis - based on AIR risk analysis.

Continue reading…

June 24th, 2015

Guy Carpenter Announces MetaRisk® 8

Posted at 10:45 PM ET

Guy Carpenter today announced the release of MetaRisk® 8, the latest version of the firm’s premier risk and capital management decision-making tool.

Continue reading…

June 16th, 2015

Cat Bond Update: Q1 2015 — Issuance Reaches Historic Volume

Posted at 1:00 AM ET

GC Securities’* briefing, “Catastrophe Bond Update: First Quarter 2015″ is now available.

Continue reading…

May 26th, 2015

Benchmarks for Enterprise Risk Management Disclosures

Posted at 1:00 AM ET

Here we present GC Capital Ideas’ stories on analyses of enterprise risk management disclosures. A 2014 study updated the analysis done in 2009, one of our most popular stories. The full briefings are attached.

Continue reading…