Transformational expansion of risk transfer to capital markets needed to finance future crises
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. With a widening crisis protection gap evident around the world there is a need for a transformational expansion in the use of insurance and reinsurance mechanisms to transfer risks to the capital markets, according to a report from…
Competitive ILW pricing drives considerable buyer interest at renewal: Howden Re
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Competitive pricing for industry-loss warranty (ILW) protection has driven “considerable interest from a growing demographic of buyers” at the January 1st 2025 reinsurance renewals, according to broker Howden Re. Industry-loss warranty (ILW) market activity has continued to be…
PERILS with CRESTA CLIX to simplify reporting for cat bond & ILW risk transfer: CEO
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Last year, catastrophe data aggregator and industry loss estimate provider PERILS revealed an extension to its services, with a new methodology that combines its standard data methodology with that of CRESTA CLIX, which the firm’s CEO Christoph Oehy…
Cat bonds have emerged as a socially responsible investment: Man Group
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The stable return profile of catastrophe bonds and their historically low correlation with broader financial markets have traditionally been the main reasons investors considered an allocation of cat bonds into their portfolio, however, more recently, investors have started…
Rising catastrophe losses absorb excess capital in the reinsurance system: Berenberg
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. As losses from natural catastrophe and severe weather continue to rise around the world, analysts at investment bank Berenberg believe this means there is “no excess capital buildup among the traditional reinsurers,” leading them to anticipate a “strong-for-longer”…
Adjusting ILS exposure for July hurricane forecast can deliver excess returns: Euler, TSR study
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Making adjustments to the exposure of insurance-linked securities (ILS) portfolios based on inputs gleaned from the early July hurricane season forecast can drive opportunities to generate excess returns in reinsurance, according to a study from Euler ILS Partners…
COP29 ends with Loss and Damage fund progress, strategic direction set for Global Shield
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. COP 29, the United Nations Climate Change Conference held in Baku, Azerbaijan, has drawn to a close with agreement on certain areas and progress being made on the much-discussed Loss and Damage, as well as the Global Shield,…
With excess capital in the system, property cat rates could trend down at 1/1: Morgan Stanley
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Given the amount of capital in the global reinsurance system, analysts at Morgan Stanley are asking how much lower pricing could decline in the property catastrophe line of business? The equity analyst team that focuses on insurance and…
Schroders Capital invested $817m+ in ILS that help reduce protection gap in 2023
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. During the full-year 2023, the catastrophe bond and insurance-linked securities (ILS) team at private markets focused investment manager Schroders Capital allocated over US $817 million to transactions that specifically help in reducing the insurance protection gap. Schroders Capital…
Parametric insurance can help close US $1.8tn protection gap: Generali and UNDP
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. A joint report published by insurance giant Generali and the United Nations Development Programme (UNDP) highlights parametric risk transfer and insurance as a key solution that can help to close the US $1.8 trillion protection gap. “Parametric insurance…
