Reinsurance News

Artemis

Cat bond & related ILS issuance sets new record in Q2 2021 at $8.5bn: Report

1st July 2021

Catastrophe bond and related insurance-linked securities (ILS) issuance reached a record $8.5 billion in the second quarter of 2021, of which almost $6 billion or more than 70% covered property catastrophe risks, according to the Artemis Q2 2021 market report. The latest Artemis cat bond and ILS market report, ... Read the full article

Hurricane-exposed cat bond issuance robust in 2021, says Fitch

9th June 2021

The demand for hurricane-exposed catastrophe bonds has continued at a steady pace for the first half of this year, say analysts at Fitch Ratings. According to the Artemis Deal Directory, so far this year sixteen catastrophe bonds have been issued or are expected to be issued under SEC rule 144A, ... Read the full article

Hurricane risk landscape is becoming more complex: RMS

3rd June 2021

RMS' latest update to its North Atlantic hurricane model continues to evolve the science of hurricane risk modelling, as the changing climate, growing exposures and changing market conditions drive an increasingly complex risk landscape, according to Jeff Waters and Ben Brookes. The latest in our sister publication Artemis' series ... Read the full article

Hedging the next pandemic: Register for live webcast

19th May 2021

Our insurance-linked securities (ILS) focused sister site, Artemis, has partnered with Vesttoo to explore opportunities to hedge the next global pandemic via the use of parametric risk transfer, enabled by advanced data and technology. Register online here to secure your place at this free live webcast event. Following ... Read the full article

Technology drives the parametric risk transfer market: Artemis Live

13th May 2021

Undoubtedly, technology continues to be the driver of growth in the parametric risk transfer sector, said David Whitehead, Co-CEO of Speedwell Weather in a recent webcast with sister publication, Artemis. Last week, the Artemis Live series of interviews and webcasts with leaders and experts from across the re/insurance and insurance-linked securities ... Read the full article

Trigger certainty & rapid payout give parametrics a competitive edge: Artemis Live

5th May 2021

Speed of payment, trigger certainty and the potential for much lower basis risk than the traditional insurance product, are three of the main competitive advantages of parametric insurance, according to industry experts. Last week, the Artemis Live series of interviews and webcasts with leaders and experts from across the re/insurance and ... Read the full article

Live webcast: The Power of Parametric Solutions for Climate Resilience

26th April 2021

The Weather Risk Management Association (WRMA) and sister publication Artemis have partnered to host a live webcast on April 29th 2021 to discuss the role of parametric solutions in supporting climate resilience. Register online here to secure your place at this free live webcast ... Read the full article

Industry ‘responded very well’ to severe U.S. winter weather event: Fulton, Xactware

15th April 2021

In a recent video interview for our sister publication Artemis a discussion took place between Xactware President Mike Fulton and PCS Head Tom Johansmeyer on the recent US winter storm and Texas freeze loss event. The severe winter weather and deep freeze event that affected a significant proportion of ... Read the full article

First-quarter catastrophe bond & ILS issuance robust again at $4.63bn: Report

1st April 2021

Data from Artemis' Q1 2020 catastrophe bond and insurance-linked securities (ILS) market report shows that issuance hit a huge $4.63 billion in the period, making it the second most active first quarter in the market's history. The latest quarterly report on the catastrophe bond and related ILS market, 'Upsizing ... Read the full article

World Bank has ‘only scratched the surface’ on what it can do: Bennett, ILS NYC 2021

18th February 2021

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 ... Read the full article

Importance of alternative reinsurance capital growing for Swiss Re: ILS NYC 2021

16th February 2021

At Swiss Re, alternative, or third-party reinsurance capital has become an increasing part of the reinsurance giant's capital management strategy, and as the insurance-linked securities (ILS) asset class looks to longer-tail classes, the firm is focused on finding ways to transfer risk efficiently. This is according to Judy Klugman, Global ... Read the full article

Record Q4 drives annual ILS issuance to $16.4bn

19th January 2021

In each quarter of 2020, although most notably in Q1 and Q4, catastrophe bond and ILS issuance remained above average. Combined with the previous three quarters, the record-breaking level of both transactions and issuance in Q4 drove annual issuance to $16.4 billion, which, as shown by the Artemis Deal Directory, is ... Read the full article

New sponsors account for over 13% of record cat bond issuance: Report

8th January 2021

Inaugural full catastrophe bond issuances from insurers and reinsurers in 2020, combined with maiden deals from the largest municipal utility in the U.S. and Google's parent, Alphabet, Inc., contributed to a record year for the catastrophe bond and related insurance-linked securities (ILS) market. The Artemis Deal Directory ... Read the full article

Pure property catastrophe bonds push market to record high in 2020: Report

4th January 2021

More than $11 billion of pure property catastrophe bond issuance, alongside another active year for mortgage insurance-linked securities (ILS) deals, helped the catastrophe bond and related ILS marketplace break records in 2020, according to Artemis. The recently published Q4 2020 catastrophe bond and ILS market report from our sister ... Read the full article

Prospectus 2021 – a new conference for the traditional & alternative markets

2nd September 2020

We're excited to announce the launch of our first conference brought to you by both Artemis and Reinsurance News, Prospectus 2021 - a new annual reinsurance and insurance-linked securities (ILS) event held from November 12th to the 18th 2020. By bringing together both of our titles, Prospectus 2021 ... Read the full article