SSREY News Alert Swiss Re Ltd (SSREY) 90.7300 02/15/2015 14:
Post# of 64074
Lancashire Grows Pre-Tax Profits Despite Reinsurance And Retro Pressure
Steve Evans - at Seeking Alpha - Fri Feb 13, 3:00AM CST
Specialty insurance and reinsurance company Lancashire Holdings ( OTCPK:LCSHF ) reported an increase in pre-tax profits this morning and growing contribution from third-party capital at Kinesis despite the "pressures" in reinsurance and...
TPRE: 13.91 (+0.03), GLRE: 31.99 (+0.01)
Why Catastrophe Bonds Are A Positive Bet On Disaster
Steve Evans - Seeking Alpha - Fri Jan 30, 3:44PM CST
Catastrophe bonds, also known as cat bonds for short, are an example of capital market techniques being used to facilitate the transfer of risks from one party to another. In the same way that for hundreds of years insurance contracts have enabled a...
TPRE: 13.91 (+0.03), GLRE: 31.99 (+0.01)
Alternative Capital's Stickiness Signals 'Structurally Lower Returns'
Steve Evans - Seeking Alpha - Wed Jan 28, 7:34PM CST
The expected staying power of ILS, alternative and third-party reinsurance capital signals "structurally lower returns" for reinsurers, but should also eliminate some of the volatility and tail risk in the traditional market, according to...
TPRE: 13.91 (+0.03), GLRE: 31.99 (+0.01)
Growing Sophistication Of ILS And Cat Bonds Ensures Positive Outlook: Aon
Steve Evans - at Seeking Alpha - Sat Jan 17, 12:19PM CST
The greater range of options available to cedants from insurance-linked securities (ILS) and catastrophe bonds, along with increased sophistication of solutions, ensures a positive outlook for the ILS market in 2015, according to Aon Benfield...
TPRE: 13.91 (+0.03), GLRE: 31.99 (+0.01)
Investor Appetite May Lift Cat Bonds To $9 Billion In 2015: Willis
Steve Evans - Seeking Alpha - Fri Jan 16, 1:02PM CST
Continued investor appetite for catastrophe bonds and insurance-linked securities (ILS), alongside growing confidence in their use as an alternative to reinsurance, could see the cat bond market hitting $9 billion of issuance in 2015, according to...
TPRE: 13.91 (+0.03), GLRE: 31.99 (+0.01)
Reinsurance Market Cycle Has Changed, Responds Locally To Losses: Guy Carpenter
Steve Evans - at Seeking Alpha - Wed Jan 14, 8:50PM CST
The reinsurance market cycle has changed, broker Guy Carpenter said at a press briefing last week. The market cycle no longer responds in the same way to loss events, with a reinsurance market that responds locally and regionally to losses expected...
TPRE: 13.91 (+0.03), GLRE: 31.99 (+0.01)
Lloyd's Insurers And Reinsurers Under Pressure Again In 2015
Steve Evans - Seeking Alpha - Tue Jan 13, 8:30AM CST
As the (super)abundance of alternative reinsurance and insurance-linked securities (ILS) capital continues to impact pricing and distort the dynamics of the reinsurance space, Lloyd’s and London players are set for a “tougher...
TPRE: 13.91 (+0.03), GLRE: 31.99 (+0.01)
More Than A Catastrophe Required To Turn Reinsurance Market
Steve Evans - Seeking Alpha - Sat Jan 10, 10:03AM CST
Reinsurance market conditions are similar to that of 1997 as pricing continues to soften, and despite what some experts believe, analysts at Macquarie Research warn that a major catastrophe might not be enough to effectively turn the reinsurance...
IAK: 49.31 (+0.38), KBWP: 43.40 (+0.01), TPRE: 13.91 (+0.03), KIE: 67.42 (+0.13), KBWI: 69.42 (unch), GLRE: 31.99 (+0.01)
European Stocks Rebound From 3-Week Lows as Inflation Declines
at The Street - Wed Jan 07, 5:27AM CST
European stocks rebound from three-week lows on Wednesday.
Collateralized ILS Capacity Gains Share At 1/1 Reinsurance Renewals
Steve Evans - at Seeking Alpha - Mon Jan 05, 12:53AM CST
Fully-collateralized sources of reinsurance and insurance-linked securities (ILS) capacity continued to penetrate the global reinsurance market at the January 1st renewals as cedents increasingly add third-party capital to their reinsurance programs,...
TPRE: 13.91 (+0.03), GLRE: 31.99 (+0.01)
Top And Bottom Line, Secular And Cyclical, Reinsurance Pressure Abounds, Analysts Say
Steve Evans - Seeking Alpha - Fri Dec 19, 1:02PM CST
Pressure on the reinsurance market and its incumbent traditional players comes from all angles, with analysts from Bernstein Research citing top and bottom line margin pressure, along with both secular and cyclical pressures on the market and...
TPRE: 13.91 (+0.03), GLRE: 31.99 (+0.01)
It's Not A Soft Reinsurance Market Yet And May Not Be In 2015: Moody's
Steve Evans - Seeking Alpha - Fri Dec 19, 12:52PM CST
As competition remains plentiful in the reinsurance market and capital remains abundant, reinsurance pricing pressures are widely expected to carry into 2015, but Kevin Lee of Moody’s explains that we’re still some way from a truly soft...
TPRE: 13.91 (+0.03), XL: 35.74 (-0.07), GLRE: 31.99 (+0.01)
Access To Deeper Pools Of Capital Can Add Stability To Reinsurance
Steve Evans - Seeking Alpha - Fri Dec 12, 3:40PM CST
An interesting debate took place at a seminar held in Bermuda last week, as senior executives from traditional insurance, reinsurance and insurance-linked securities (ILS) firms discussed the future of third-party capital in reinsurance. The...
TPRE: 13.91 (+0.03), GLRE: 31.99 (+0.01)
Insurance Buyers Look To Cat Bonds, Collateralized Alternatives: Marsh
Steve Evans - Seeking Alpha - Tue Dec 02, 5:11PM CST
For years we’ve written that insurance companies increasingly look to alternative sources of reinsurance capacity, from insurance-linked securities (ILS) players and the capital markets. But now, according to Marsh, insurance buyers are looking...
TPRE: 13.91 (+0.03), GLRE: 31.99 (+0.01)
Tramline Re II 2014-1 Catastrophe Bond Launched As Renewal By Amlin
Steve Evans - at Seeking Alpha - Fri Nov 21, 2:12PM CST
Non-life insurance and reinsurance group Amlin plc ( OTCPK:APLCY ) has a new catastrophe bond in the market, with the launch yesterday of Tramline Re II Ltd. (Series 2014-1) , as it seeks to renew a soon to mature slice of capital markets cat bond...
TPRE: 13.91 (+0.03), GLRE: 31.99 (+0.01)
Activist Fund Targets Ebix to Boost Board Oversight and Unlock Value
at The Street - Mon Nov 17, 5:10AM CST
Barington Capital sent Ebix a letter to call for improved board oversight. Could this be the catalyst the market needs to realize Ebix's value?
SAFT: 63.44 (-0.68), RF: 9.52 (-0.02), CSGS: 30.35 (-0.03), AON: 100.56 (-0.18), EPIQ: 18.30 (-0.16), LRN: 16.56 (-0.06), DRI: 61.72 (+0.31), DDS: 121.15 (+0.70), LOGM: 52.22 (+4.17), WSH: 47.83 (-0.55), EBIX: 23.80 (+0.30), TRAK: 42.84 (+2.06), SCOR: 53.35 (-1.10), BCOR: 14.20 (-0.45), NAVG: 74.13 (+0.54), UVE: 23.23 (-0.27)
Allstate Hails Best Reinsurance Coverage Ever, Helped By Cat Bonds
Steve Evans - Seeking Alpha - Sat Nov 08, 10:29AM CST
U.S. primary insurer Allstate (NYSE: ALL ) has hailed its current reinsurance program as the best coverage it’s ever had, as the availability of lower-cost ILS and alternative reinsurance capital, plus recent catastrophe bond issuances, help it...
TPRE: 13.91 (+0.03), ALL: 71.46 (-0.11), GLRE: 31.99 (+0.01)
Excess Return Of Outstanding Catastrophe Bonds Shrinks To New Low
Steve Evans - Seeking Alpha - Thu Oct 23, 7:04PM CDT
The expected excess return, or the return available between average expected losses and the average yield spread, of outstanding catastrophe bonds has shrunk to its lowest level since ILS consultancy Lane Financial LLC began tracking the number. ...
TPRE: 13.91 (+0.03), GLRE: 31.99 (+0.01)
Aegon (AEG) Shares Tank on Divesture of Canadian Business - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Oct 17, 3:15PM CDT
AEGON N.V. (AEG) has declared the divesture of its Canadian life business to Bermuda-based reinsurer Wilton Re Holdings for $532 million.
HMN: 31.40 (-0.11), AIG: 53.96 (+1.51), AEG: 7.55 (-0.08)
Platinum Reports Results, Expects More Reinsurance Rate Pressure
Steve Evans - Seeking Alpha - Fri Oct 17, 2:30PM CDT
Platinum Underwriters Holdings (NYSE: PTP ) is the first of the reinsurance firms to announce its third-quarter 2014 earnings and there appears to be little change to its strategy of adapting to soft market conditions by pulling back on all lines of...
TPRE: 13.91 (+0.03), PTP: 76.57 (-0.13), GLRE: 31.99 (+0.01)