Cat bonds: Structurally diversifying & primed for growth, says Neuberger Berman
ARTEMIS: Catastrophe bonds and insurance-linked securities are one of the “very few genuinely, structurally diversifying asset classes,” according to the Neuberger Berman Insurance-Linked Strategies team, who give the asset class a positive outlook for 2021. Writing in a white paper, the Insurance-Linked Strategies team of global asset manager Neuberger Berman explain that they also believe […]
World Bank has ‘only scratched the surface’ on what it can do: Bennett, ILS NYC 2021
ARTEMIS: The World Bank has “only scratched the surface” on what it can do with member governments that are looking to transfer some of their disaster risk to the reinsurance sector and the capital markets, according to Michael Bennett, Head of Derivatives & Structured Finance, World Bank Treasury. The World Bank is an international organisation […]
Catastrophe protection gap needs capital market support: Bernardino, EIOPA
Gabriel Bernardino, the soon to retire Chairman of the European Insurance and Occupational Pensions Authority (EIOPA), has highlighted the capital markets role in delivering catastrophe insurance that has fewer protection gaps. In an interview with Brink News, Bernardino explained the need for multi-peril catastrophe insurance and reinsurance coverage that protects against the uncovered portion of […]
Peak Re: Bridging the protection gap in emerging markets
Large and getting larger: Emerging Asia’s protection gaps The prevalence of under-insurance and non-insurance in emerging markets is well-documented.[1] The proverbial protection gap persists across different risks, from property to health and mortality, variously also extending to include longevity and liability. There are many reasons underpinning the large protection gap and low insurance penetration in emerging […]
