Hong Kong-based reinsurer Peak Re goes from strength to strength, following the successful renewal of its Lion Rock Re reinsurance sidecar in February 2021. But, as chief Franz Josef Hahn explains, it wasn’t all plain sailing.
For those seeking shelter in times of economic volatility, catastrophe bonds offer plenty of diversification. Twelve Capital’s Florian Steiger discusses how this is leading to a boom in interest in the sector.
In a webinar hosted by Intelligent Insurer’s Re/insurance Lounge, AkinovA CEO Henri Winand and Kirill Savrassov of Phoenix CRetro explored the possibilities for ILS to expand into new geographies and lines of business.
Equity raises are increasing as pandemic pressures bite - but the future winners and losers are far from clear
As the pandemic stress test continues, re/insurers are preparing for what comes next, including expectations of a hardening market. This is driving a growing trend for equity raises, with some building war chests and some taking advantage of new opportunities, while others look to protect their credit rating in a fight for survival. Intelligent Insurer reports.
The insurance industry is growing rapidly in Asia, and more capacity will be needed to keep up with demand. Alternative capital sources such as ILS will be vital to meet that demand, and in acquiring Lutece, Peak Re has positioned itself to lead this trend, says Peak Re’s Franz Josef Hahn.
The ILS market has become an increasingly important feature in the risk transfer landscape in recent years, and is growing increasingly diverse, encompassing not only catastrophe risks but cyber and other forms of coverage. What it needs now to take it to the next level is a liquid secondary market. Intelligent Insurer reports.
Intelligent Insurer looks at some of the most interesting M&A re/insurance deals in the last year to find out how market consolidation will influence future business, as industry professionals tell us there are a lot more deals to come.
The impact of the COVID-19 virus on the global economy has been profound. Greg Wojciechowski of the Bermuda Stock Exchange and the ILS Bermuda Thought Leadership team share their thoughts about the impact it has had, and is likely to have going forward, on the ILS business.
Collaboration between insurance and capital markets will promote innovative solutions for today’s big challenges, including that of climate change, says Greg Wojciechowski of the Bermuda Stock Exchange.
COVID-19 is first and foremost a human tragedy. But, like other crises, it is pushing investors towards simple, liquid assets that offer underlying cash flows and that are not correlated with other asset classes, as AkinovA’s Henri Winand told Solomon Teague.