Top
Guy Carpenter
GC Capital Ideas
Home / Archives for catastrophe bonds

catastrophe bonds

144a Catastrophe Bonds Represent Growing Share of Alternative Capital Segment

As risks in the reinsurance world have grown more complex and investors are seeking greater yields, the 144a catastrophe bond market is on track for a record issuance year in 2021. In the first six months of the year, USD 7.9 billion in new bond issuance entered the market, via 27 unique transactions for 26 different sponsors. First-time sponsors include reinsurers, Florida ... Continue Reading »

(Re)insurance Industry Continues To Demonstrate Resilience in Challenging Market

The convergence of tangible and intangible challenges facing the (re)insurance industry is creating one of the most dynamic and potentially volatile environments in recent market history, yet (re)insurers continue to demonstrate their resilience through their ability to adapt and respond. This is according to panelists at a recent virtual media briefing, Moving Forward, hosted ... Continue Reading »

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 »