Capital markets

Analysis

29 May 2024

Life ILS markets feel the heat from high rates

It has been a tough period for the life insurance-linked securities (ILS) market, afflicted by higher interest rates and unexpected losses. But participants are hopeful of a revival, as Christopher Cundy reports
09 May 2024

Cyber risk is systematically priced in the capital markets: evidence from the Target cyber-attack

In the second part of their article on quantifying and pricing cyber risk, Tim Freestone and Malcolm McLelland respond to reader queries and share further proof of their theory
15 November 2023

Cyber risk's fundamental mischaracterisation as an insurance risk

Tim Freestone and Malcolm McLelland argue for a radical overhaul of how cyber risk is quantified and priced. In the first of a two-part article, they explain the classification of cyber as a market risk and propose using modern financial theory to model it
21 March 2023

Insurers caught up in the Swiss roil

The fall of Credit Suisse, hot on the heels of SVB and Signature Bank, has sent insurers scrambling to assess the risks to their portfolios. While the hit seems manageable, Sarfraz Thind asks if there could be worse to come
18 October 2022

Gilts crash: a boon out of a crisis for insurers

Another day, another UK financial market crash. But while it has gone wrong for British politics and pension funds, the current crisis may actually benefit insurers in the long run. Ronan McCaughey and Sarfraz Thind report

News

  • Ageas to acquire Saga's insurance unit alongside long-term UK distribution deal

    11 October 2024

    Belgian insurance group to pay £147.5m cash for both parts of agreement

  • RVS 2024: Cyber ILS issuance totals nearly $600m over past year

    09 September 2024

    Jon Laux, VP of analytics at CyberCube, highlights growing momentum in the cyber ILS market

  • RVS 2024: Hannover Re significantly increases ILS volume to $3.4bn

    09 September 2024

  • Tokio Marine's $100m earthquake bond invests collateral in sustainability bond

    25 March 2024

    Property claims from Noto Peninsula earthquake in January hit JPY 61bn

  • Generali expects green bonds to represent 40% of debt by year end

    09 January 2024

    Italian insurer issues sixth and seventh green bonds

  • Total reinsurance capital expected to bounce back to $561bn

    08 January 2024

    But the increase will not have a material impact on market conditions, AM Best says

  • ILS plays a pivotal role as reinsurance market stabilises at 1.1 renewals

    03 January 2024

    Broking group Howden publishes 1 January renewals analysis

  • Beazley issues $140m cyber cat bond

    02 January 2024

  • More "questions than answers" for cyber ILS development in 2024

    18 December 2023

    CyberCube sets out its 2024 cyber insurance predictions

  • Cat bond issuance reaches record $15bn in 2023

    15 December 2023

    Total capital deployed into cat bonds globally now stands at $41bn, Swiss Re said

  • Vesttoo founders suspended as board seeks to overcome crisis

    03 August 2023

    Yaniv Bertele and Alon Lifshitz on paid leave until board decides on their fate

  • AM Best to review collateral arrangements at fronting insurers

    25 July 2023

    Move follows allegations of fraudulent collateral used at Vesttoo

  • Gallagher Re: "Order restored" at mid-year reinsurance renewals following frustrating 1/1 season

    03 July 2023

    But reinsurance prices climb sharply in Australia and the US

  • RGA eyes pension risk transfer and Asian markets as top growth opportunities

    15 June 2023

    US life and health reinsurer looking to alternative capital to finance growth

  • Covid and lapses create pricing uncertainty in life ILS markets

    24 May 2023

    Market participants optimistic about opportunities despite investor hesitancy

Most Read
  1. Risk and capital modellers share lessons from the LDI crisis, the shift to private assets and board interactions
  2. Eiopa opens consultation on mass-lapse reinsurance
  3. Eiopa chair reveals divisions on extra capital requirements for insurers' fossil fuel assets
  4. New EU financial services commissioner sets tone for insurance regulation
  5. Ex-CRO William Diffey joins BDO UK in director role
  6. Social inflation and PFAS risk named as key threats for US casualty market
  7. California legal ruling could cost state's life insurers $22.4bn
  8. Eiopa recommends additional capital requirements for insurers' fossil fuel assets
  9. Eiopa's paper is a significant step forward for mass lapse reinsurance across Europe
  10. FWU claims to restore minimum capital, but regulator remains concerned