Chart shows 144A P&C catastrophe issuance and capital outstanding for the years 2010 through year-end 2020, based on data from GC Securities’* proprietary database. ... Continue Reading »
catastrophe bonds
Reinsurance Industry Capital at Year-End 2020
Overall, traditional dedicated reinsurance capital for year-end 2020 was estimated at USD 397 billion by Guy Carpenter and A.M. Best, a marginal increase on year-end 2019. Favorable valuations of asset levels and capital initiatives saw capital levels recover from the decline witnessed at mid-year 2020. However, reinsurers struggled to achieve positive returns on equity due to ... Continue Reading »
Catastrophe Bond Activity: Market Hardening
There will continue to be upward momentum of rates in 2021, with particular volatility in the retrocession space, although how long these conditions last is uncertain, according to Des Potter, Managing Director, Insurance-Linked Securities (ILS) Origination and Structuring at GC Securities*. ... Continue Reading »
Catastrophe Bond Activity: Looking Towards 2021
Catastrophe bonds are set to buck the trend elsewhere in the insurance-linked securities (ILS) market, with a strong issuance pipeline for the fourth quarter of 2020 and first quarter of 2021, according to Des Potter, Managing Director, ILS origination and structuring at GC Securities*. ... Continue Reading »
Recent GC Capital Ideas Video Talks On the Current Risk Landscape
GC Capital Ideas highlights recent video talks from our experts, with a focus on COVID-19 developments and climate change. ... Continue Reading »
Video: Catastrophe Bonds in the Post-COVID Environment
Guy Carpenter recently participated in a series of videos with The Insurer, in which experts from throughout Guy Carpenter opine on different aspects of the contemporary risk landscape. ... Continue Reading »
Video: Catastrophe Bonds in the Post-COVID Environment
Guy Carpenter recently participated in a series of videos with The Insurer, in which experts from throughout Guy Carpenter opine on different aspects of the contemporary risk landscape. ... Continue Reading »
Catastrophe Bonds, Disaster Risk Insurance Facilities and Natural Disaster Funds: Protecting our Planet and the Public Purse
Guy Carpenter's recently released report on the public sector response to climate change, Protecting our Planet and the Public Purse, looks beyond the United States' approach to natural catastrophe risk mitigation and investigates the measures taken by countries in Latin America and Asia. ... Continue Reading »
Public-Private Partnerships: Protecting our Planet and the Public Purse
Most catastrophe losses, whether caused by natural perils or other events, represent unbudgeted demands on public finances, according to Guy Carpenter's new report, Protecting our Planet and the Public Purse. Money spent to replace critical infrastructure (for example) inevitably draws money and resources away from other important community initiatives. ... Continue Reading »
Insurance-Linked Securities Market Outlook: Part I
The catastrophe bond market demonstrated critical resiliency during 2019 and delivered ample capacity at a time when it was most needed, according to Shiv Kumar, CEO of MMC Securities. ... Continue Reading »
