World Bank debuts US$150m Jamaica hurricane cat bond in Hong Kong
May 6 2024 by Georgina Lee-
Pricing and capacity ease at 1.7 renewal as underwriting scrutiny persists: brokers
- July 3
Reinsurance buyers experienced a more welcoming market, and loss-free programs saw price easing at July 1 renewals compared to recent years thanks to positive results, Gallagher Re and Guy Carpenter said in their mid-year renewals reports.
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New Zealand EQC secures record US$5.7bn reinsurance cover
- June 6
The country's earthquake commission has increased its total cover by US$620m year-on-year, including the US$135m cat bond placed last year, at the June 1 renewals.
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MS&AD completes US$200m dual-tranche Singapore cat bond for Japan nat cats
- April 2
The bonds will provide Mitsui Sumitomo and Aioi Nissay Dowa with US$100m each of protection for four years.
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Hong Kong reiterates pledge to develop as ILS hub in 2024-25 budget
- February 28
The city's financial secretary repeated its goal of developing insurance-linked securities such as cat bonds, and attracting captives as key to developing its specialty insurance market.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.