Third Hong Kong ILS offering “in the pipeline”, says HKIA chairmanDecember 29 2022 by Mithun Varkey
- October 20
ILS, which aims to transfer insurance risk to capital markets, offers attractive spreads for investors relative to their long-term average.
- June 1
The Singapore-domiciled ILS helps the earthquake commission raise its reinsurance tower to a record US$5bn.
- May 19
Souter was hired in 2020 as head of global markets and ILS, and was named director, ANZ and Japan, after CUO Piotr Nowakowski took charge of the P&C business team in August 2022.
- April 21
The Monetary Authority of Singapore's US$11.25m grant will subsidise the cost of issuing catastrophe bonds and the expanded suite of securities that focus on Asia risks.
The consultant is exploring potential acquisitions in Australia and New Zealand, and expanding its footprint in South-East Asia, Korea and Japan.
Managing these daunting risks will require a multi-stakeholder approach to risk identification, financing and mitigation.