June property cat renewals seen down ~10%. Jan 2026 down more without losses: KBW
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Analysts from KBW have said that reinsurance executives they met with recently are mostly expecting the June 1 renewals to see property catastrophe rates down around 10% on a risk-adjusted basis, but with significant variation by layer and…
Parametric specialist Descartes expands leadership with operations and claims hires
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Descartes Underwriting has strengthened its leadership team with the appointments of Sophie Bassoulet as Head of Operations and Kelly Collet-Jones as Claims Manager, as the company continues its global expansion in corporate parametric insurance. Both hires will report…
Reask adds Williams as Head of Insurance Sales, to drive adoption across re/insurance & ILS
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Reask, the catastrophe modelling and climate analytics specialist, has appointed Jo Williams as Head of Insurance Sales, as the firm looks to accelerate adoption across the reinsurance and insurance-linked securities (ILS) sectors. A well-known sales leader in the…
Siena Capital targets cat bond market with initial plan to launch daily pricing platform
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Siena Capital Group, LLC, a private investment office with a focus on special situations and that counts former Gallagher Securities trading and distribution specialist Jack Stone as a Partner, is targeting the catastrophe bond and insurance-linked securities (ILS)…
Strong cat bond issuance takes some excess cash out, prices a little firmer: K2 Advisors
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Robust catastrophe bond issuance in the first and now second quarter of 2025 seems to have taken some of the excess cash out of the market, leading to a little more firmness in pricing of late, K2 Advisors,…
Everest sees strong property cat demand, expects June renewals to support growth: CEO
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Everest Group CEO Jim Williamson expects the upcoming mid-year reinsurance renewals to present meaningful opportunities for growth, driven by strong demand for property catastrophe coverage and healthy expected returns, with terms expected to hold but some moderation in…
Catastrophe bonds could make-up 70% of Florida Citizens reinsurance in 2025
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. With Florida’s Citizens Property Insurance Corporation now aiming to upsize its new catastrophe bond issuance to between $1.4 billion and a record $1.525 billion in size, while its overall target for reinsurance has fallen slightly to $4.49 billion,…
Allstate lifts Nationwide reinsurance tower to $9.5bn. Agg cat bonds attach at $4bn in 2025
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. US primary insurer Allstate has lifted the top of its main occurrence Nationwide Excess Catastrophe Reinsurance Program to a new high of $9.5 billion at its recent renewal, with catastrophe bond coverage a growing component, while its retention…
Generali seeking to renew its “green cat bond” with EUR200m Lion Re DAC
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Italian and global insurance giant Assicurazioni Generali S.p.A. is looking to renew its soon to mature green catastrophe bond with a new EUR 200 million Lion Re DAC transaction now in the market, that targets European windstorm and…
Cat bond market repriced to lower margin: Arch CEO
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Arch Capital Group CEO Nicolas Papadopoulo says downward repricing in the catastrophe bond market is creating pressure at the top of reinsurance programs, even as structural supply constraints in peak zones like Florida could temper broader softening across…
