Capital markets Insurance Linked Securities
News
Arch Capital to issue $1bn debt
The raising follows on the heels of major fundraising by rivals
L&G closes RT1 debt raise at £500m
Notes priced higher than other recent issues
L&G to issue RT1 debt
Move comes after UK insurer paid full 2019 dividends to shareholders
Covid-19 decimates Uniqa's investment income
Group also paid higher charges in Q1
UK life insurer faced £500m collateral call in midst of Covid-19 crisis
Situation is now "largely reversed"
Reinsurers face $30bn Covid-19 hit to their capital base
Willis Re report details the pandemic's likely impact on the global reinsurance sector
Covid-19 global recession forecast to be 'sharp but short'
Swiss Re expects real GDP to fall 3% in the US and 4.5% in Europe
Expect a sharp global recession, says Allianz
Global GDP to contract 15% in Q2, says chief economist
Chilean riots show potential for catastrophic SRCC losses
One-third of strike, riot and civil commotion losses incurred by retailers, says PCS report
Generali launches green ILS framework
Italian insurer "wants to consider sustainability in capital management solutions"
Analysis
Views of enterprise risk management in 2030
Chief risk officers who want to participate in the strategy of their organisations will need to develop their vision for the future of the ERM function. Willis Towers Watson executives share their views on how risk management might evolve
Lloyd’s culture risks sabotaging its transformation plan
Lloyd’s “bold new strategy” to transform the 330-year-old insurance market by targeting efficiency and technology innovation could fall flat because of a lack of talent, the timeline for execution and the challenge of appeasing different stakeholders. Ronan McCaughey explains
EU supervisors insist Solvency II risk margin "is not an issue"
Insurers’ calls for a recalibration of the risk margin are being ignored by Eiopa and national supervisors, as evidenced at Insurance Europe's conference in Brussels last week. Aggelos Andreou reports
IFRS 17 earnings recognition: challenges, opportunities and innovations
Luca Tres and Adam Robinson discuss IFRS 17 and its earning recognition criteria from a capital markets and insurance practitioner's perspective, and consider the challenges and the opportunities this presents
Axa's Buberl defends takeover of XL
Axa's share price dropped almost 10% following the announcement of its plan to acquire XL Group. Aggelos Andreou reports on the rationale behind the deal
Finalists announced for InsuranceERM Awards
See which companies, teams and individuals have made the shortlist for this year's awards for risk and capital management