HVRRY News and Press, Hannover Rueckversicherung SE ADR From 05/08/19

Despite an overall slower level of issuance of non-life catastrophe bonds in the first quarter of this year, broker Willis Re notes that yields are on the rise as investors and ILS funds demand higher returns after recent losses. There was only just slightly over $1.1 billion of 144a non-lif...

Continued loss creep suppressed the returns of catastrophe bond, insurance-linked securities (ILS) and reinsurance linked investment funds in March 2019, causing the ILS Advisors Index to fall to a negative -0.12% for the month. Loss creep challenges continue for the ILS fund market, as well...

Commercial property insurance rates are broadly firming, with rate increases seen even on loss-free accounts, while catastrophe loss exposed accounts are experiencing increases of 15% and higher. This upwards pressure on commercial lines pricing is expected to persist through 2019, according...

With a bill designed to reform assignment of benefits ((AOB)) having passed the Florida Senate this week, already discussions are turning to how the market impact will be quantified and whether it will reduce reinsurance pricing. SB 122 (once HB 7065) passed the Florida Senate vote by 25 to ...

Alternative reinsurance capital's continued growth through 2018, as well as the slight shrinking of traditional reinsurer capital have been confirmed in a report out today, while at the same time profits at reinsurers are seen to have shrunk again, based on underlying returns on equity (ROEs)....

Even though large catastrophe losses were under the long-term average for the first quarter, there is a chance that insurance and reinsurance firms have their Q1 results dented anyway due to an expectation of higher attritional weather claims, impacts from a number of man-made loss events and ...

The April 1st 2019 treaty reinsurance renewals saw rational responses to the loss impacted years just experienced, with some "substantial" rate increases on loss affected business, while flatter rates were seen across the rest of the market, according to the broker. Reinsurance broker Willis...

Watford Holdings Ltd. (WTRE), the parent company to Arch Capital and Highbridge Principal Strategies backed investment oriented or total-return style reinsurance firm Watford Re, successfully completed its initial public offering ((IPO)) on the Nasdaq. Watford Re is a valuable component of B...

Yesterday, a big change in the way risk is priced under the U.S. National Flood Insurance Program (NFIP) was announced, with a shift to fully risk-based pricing of flood insurance potentially set to be a driver of more flood risk into private reinsurance and risk markets. One piece of the le...

In 2018, when global investors suffered as markets fell and equities in many cases failed to perform, investments in some asset classes that had been promoted as diversifying failed to deliver on their promise, Natixis Investment Managers said. The decline in global equity markets contribute...