Muni mutual funds inflows top $2B
Municipals were weaker Thursday as the first market slowed and muni mutual funds saw inflows top $2 billion. U.S. Treasuries saw yields rise five years and out and equities ended…
Bonds
Outside of quota shares / sidecars, retrocession to play minor role in wildfire loss support
Based on sources, retrocessional reinsurance arrangements are usually not expected to play a very significant role in supporting reinsurers losses from the Los Angeles, California wildfires, other than support being…
Robust slate of issuance as muni mutual funds see inflows
Municipals were firmer Wednesday as the first market picked up, led by the $2 billion retail pricing from the Regents of the University of California within the negotiated market and…
LA wildfires: Verisk estimates insured losses at between $28bn and $35bn
Verisk’s Extreme Event Solutions division estimates that the insured industry losses to property from each the Palisades and Eaton fires in Los Angeles, will fall between $28 billion and $35…
ILS market growth, attractive allocation opportunities expected in 2025: LGT Capital Partners
LGT Capital Partners believes that 2025 should see continued growth of the insurance-linked securities (ILS) asset class, in addition to attractive allocation opportunities, against a backdrop of rising demand for…
Key Themes for Municipal Bond Investors in 2025
With the beginning of the yr, several asset managers and investment firms are starting to publish their outlooks for the yr ahead for each the equity and fixed-income markets. For…
Rankings agencies keeping eyes on Louisiana’s tax changes
Louisiana Gov. Jeff Landry signed into law a bunch of tax and spending changes that rankings agencies say should address a projected deficit but whose effects bear watching. Bloomberg News…
Mercury says TBC whether LA wildfire losses one event or two under its reinsurance
Mercury General Corporation, one insurance company with meaningful exposure to claims from the Los Angeles, California wildfires, has said today that it has not yet determined whether it should consider…
Munis firmer, calendar stays elevated at $10B
Municipals were firmer ahead of an almost $10 billion new-issue calendar as U.S. Treasury yields rose inside 10 years and equities were up late within the session. For the reason…
Cat bonds & ILS continued to dominate Bermuda re/insurance registrations in 2024
Once more, Bermuda has shown its dominant position as a house to structures used for catastrophe bond and insurance-linked securities (ILS) arrangements in 2024, with firms arrange for this purpose…