A.M.BestTV: Investors Interest Are Driving The Demand for Catastrophe Bonds

OLDWICK, N.J.--()--In this A.M.BestTV episode, Henning Ludolphs, managing director of retrocessions and capital markets at Hannover Re, talks about how catastrophe (cat) bonds have historically performed and the current state of the market. Ludolphs also participated in a panel discussion on reinsurance at the recent A.M. Best “Insurance Marketing Briefing – Europe.”

“They are really doing quite well as the cat bond market has had fairly low volatility,” said Ludolphs. “When the financial crisis took place, all financial markets were down, but the cat bond market kept quite stable.”

Ludolphs also discusses where the market could be headed.

“There’s a lot of money coming into this market, and I’m sure if more cat bonds were issued they would be purchased,” said Ludolphs. “Additionally, for about one and half years cat bonds were more expensive than traditional reinsurance; however, this has reversed, since today cat bonds are cheaper than reinsurance when they are compared like to like.”

Click here to view the entire Ludolphs interview: http://www.ambest.com/v.asp?v=ludolphs1114.

Leading A.M. Best rating analysts and industry experts at A.M. Best’s annual “Insurance Marketing Briefing – Europe” discussed the impact of current economic conditions and rating trends for insurers and reinsurers in key segments of the European insurance sector, as well as the London market.

To see coverage of the briefing, please visit http://www.ambest.com/v.asp?v=lmb11014.

Also from A.M. Best’s briefing:

  • Swiss Re Group CEO Michel Liès: Great Opportunities in Catastrophe Casualty Coverage: Michel Liès, group chief executive officer at Swiss Reinsurance Company and keynote speaker, explores industry trends: http://www.ambest.com/v.asp?v=lies1014.

A.M.BestTV covers exclusive A.M. Best information and reports, targeted topics and key developments in the (re)insurance industry every Monday, Wednesday and Friday. Sign up for alerts of episodes at http://www.ambest.com/multimedia/ambtvsignup.html. View A.M.BestTV episodes at http://www.ambest.tv.

A.M. Best Company is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2014 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.

Contacts

A.M. Best Company
Lee McDonald, 908-439-2200, ext. 5561
Group Vice President, Publication and News Services
lee.mcdonald@ambest.com

Contacts

A.M. Best Company
Lee McDonald, 908-439-2200, ext. 5561
Group Vice President, Publication and News Services
lee.mcdonald@ambest.com