HVRRY News and Press, Hannover Rueckversicherung SE ADR From 02/13/19

A combination of increased demand and constrained supply bodes well for attractive returns for the insurance-linked securities ((ILS)) sector going forward. And while the market is expected to grow in 2019, it's likely to tread carefully on the back of two heavy catastrophe years, according to...

As much as 20% of the total insurance-linked securities ((ILS)) and third-party reinsurance capital that was deployed for the 2018 underwriting year remains trapped in funds and other structures following the impacts of losses, according to A.M. Best. This is expected to be a key driver for ...

U.S. primary insurance giant Allstate revealed that it made over $700 million of reinsurance recoveries in the fourth-quarter of 2018, as the impacts of losses largely from the California wildfires and Hurricane Michael triggered its protection. Hurricane Michael and the Camp and Woolsey wil...

Specialist insurance-linked securities ((ILS)) and reinsurance investment manager Twelve Capital said that there are "clear signs of momentum" in the ILS market, as pricing responds to the losses of the last two years. Giving its outlook for 2019, Twelve Capital notes that pricing has respon...

Equity analysts believe that the reinsurance price cycle is lifting itself clear of the bottom of the market, thanks to a number of factors related to losses, profitability and excess capital. However, the questions that have to be asked are, how high does the cycle need to lift itself in or...

It's becoming clear that continued loss creep from catastrophe events that occurred in both 2017 and 2018 has soured end of year performance for some insurance-linked securities ((ILS)) funds and collateralized reinsurance vehicles. After another difficult year peppered with mid-sized catast...

Bermudian insurance and reinsurance specialist AXIS Capital Holdings Limited significantly increased its activities with third-party investors in 2018, doubling its premiums ceded through ILS type arrangements to so-called strategic capital partners to nearly $600 million. That doesn't inclu...

Despite the heavy impact of losses during the fourth-quarter of 2018, Blue Capital Reinsurance Holdings Ltd. (BCRH), the stock exchange listed, collateralized reinsurer owned by Sompo International Holdings Ltd., came out of 2018 with a much-improved accident year loss ratio. The team managi...

The much-discussed slowdown in insurance-linked securities ((ILS)) capital and collateralized reinsurance or retrocession capacity growth of recent months is expected to be merely a temporary blip, according to some of the rating agencies. The ILS market has been more cautious about reloadin...

U.S. primary insurance giant Travelers ([[TRV]]) reported its fourth-quarter 2018 results yesterday, revealing a $611 million catastrophe burden pre-tax and after taking into account reinsurance recoveries made. As we explained yesterday , Travelers has bulked up on its reinsurance at the J...