Reinsurance News

Artemis

Reinsurance market capital rose 3-4% in 2021

21st January 2022

The reinsurance market is well capitalised and able to absorb demand for its coverage, according to data from Fitch Ratings. Despite catastrophe losses of more than $100 billion 2021, Fitch reports that traditional and alternative reinsurance capital increased together by around 3-4%. As a result of this growth, the ratings agency feels ... Read the full article

2021 marks a record year for catastrophe bond issuance: Report

6th January 2022

Catastrophe bond and related insurance-linked securities (ILS) issuance reached a huge $14 billion in 2021, representing year-on-year growth of 15%, reports Artemis. The latest quarterly report on the catastrophe bond and related ILS market, which examines issuance in the fourth-quarter and full-year 2021, is now ... Read the full article

Climate models are becoming increasingly critical: Aeolus

23rd November 2021

Insurance and reinsurance companies are naturally at the forefront of understanding climate change risk, and as the climate and resilience debate intensifies around the world, climate models are becoming more important, according to Aeolus Capital Management Ltd. Artemis, our insurance-linked securities (ILS) focused sister site, recently hosted a live ... Read the full article

Reinsurance tech adoption a mixed bag, but opportunity is huge: Webcast

5th November 2021

As the push for efficiency, digitalisation and innovation continues to gain traction in the global reinsurance industry, leaders and executives from across the risk transfer and technology sectors are optimistic about the future. Yesterday, we hosted a live webcast alongside sister publication Artemis, and in association with ... Read the full article

Ransomware is the largest cyber reinsurance market issue: PCS’ Johansmeyer

25th October 2021

In a recent video interview with our sister publication Artemis, Tom Johansmeyer, Head of PCS, discussed the subject of cyber risk, current cyber risk trends and how the insurance-linked securities (ILS) market can play a role in provision of reinsurance and retrocession capacity. During the interview Johansmeyer discussed ... Read the full article

Catastrophe bonds & related ILS to break records in 2021: Report

5th October 2021

Catastrophe bond and related insurance-linked securities (ILS) issuance was strong in the third-quarter of 2021, setting a new quarterly record at more than $2.6 billion, according to the latest report and data from ILS-focused sister site, Artemis. Artemis' latest quarterly report on the catastrophe ... Read the full article

Innovative approaches to insurance-linked investments: Register for live webcast

2nd September 2021

Artemis, our insurance-linked securities (ILS) focused sister site, has partnered with Vesttoo to bring you another live webcast. This time, the discussion will focus on opportunities to access high frequency, low severity Life and Property & Casualty (P&C) insurance asset classes. Register online here to secure your place ... Read the full article

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