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 »
GC Securities
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 »
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 »
Structured Capital Partnerships: An Evolution of the P&C Reinsurance Business Model
Over the past two decades, alternative capital has grown to represent almost a quarter of the total reinsurance industry capital. Insurance-linked securities (ILS), sidecars and collateralized reinsurance continue to provide valuable capacity to (re)insurers, corporates, and public sector entities to efficiently manage capital and risk alongside traditional market solutions, ... Continue Reading »
Structured Capital Partnerships: An Evolution of the P&C Reinsurance Business Model – GC@MC Commentary
Over the past two decades, alternative capital has grown to represent almost a quarter of the total reinsurance industry capital. Insurance-linked securities (ILS), sidecars and collateralized reinsurance continue to provide valuable capacity to (re)insurers, corporates, and public sector entities to efficiently manage capital and risk alongside traditional market solutions, ... Continue Reading »
Guy Carpenter Selected by CEA on Wildfire Fund Reinsurance and Risk Transfer Program
Guy Carpenter & Company today announced its appointment as the sole reinsurance intermediary for the newly formed California Wildfire Fund, which is currently being administered by the California Earthquake Authority (CEA). Guy Carpenter will provide strategic reinsurance and advisory services to develop a risk transfer and reinsurance strategy for the California ... Continue Reading »
Sidecars: Capitalizing on Market Cycles to Improve Client Solutions
Geoffrey Sweitzer, Managing Director, GC Securities* Following U.S. hurricanes Katrina, Rita and Wilma in 2005 and the ensuing "hard" property catastrophe reinsurance market, reinsurers and investors increasingly started turning to sidecar insurance linked securities to access new and replacement capacity. ... Continue Reading »
First Singapore Catastrophe Bond Sets Stage for ILS Expansion in Asia-Pacific
The first catastrophe bond has been issued out of Singapore. This highlights the potential of the insurance- linked securities (ILS) market in the region, and is aligned with the city-state's efforts to establish itself as a global hub for Asian risk transfer. The bond is sponsored by Insurance Australia Group (IAG) as part of its 2019 catastrophe aggregate reinsurance cover ... Continue Reading »
