Best of Artemis, week ending 6th September 2020

Here are the ten most popular news articles, week ending 6th September 2020, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish.

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Ten most read articles on Artemis.bm, week ending 6th September 2020:

1. Swiss Re’s alternative capital assets managed near $2.5bn: Rüede
   Swiss Re wants to become the “leading franchise for Nat Cat risks” and alternative reinsurance capital is set to be a key driver of this ambition at the major global re/insurer, according to Philipp Rüede, Head of the firms Alternative Capital Partners unit.
2. Covid-19 business interruption losses begin for some ILS funds
   A number of insurance-linked securities (ILS) funds reported small losses related to business interruption claims from the Covid-19 pandemic in July, with quota shares the main source.
3. Prospectus 2021 – a new annual conference from Artemis & Reinsurance News
   We’re delighted to announce the launch and opening of registration for Prospectus 2021 – a new annual reinsurance and insurance-linked securities (ILS) conference brought to you by Artemis in collaboration with sister title Reinsurance News.
4. Hurricane Laura ILS fund hit not significant, income to offset loss for some
   At current industry loss estimate levels, the impacts to insurance-linked securities (ILS) funds from hurricane Laura is not expected to be significant, with some funds even able to offset the hit with the income their reinsurance and retrocession positions earned them in August.
5. Brendan Plessis departs AXA XL for Sompo International
   Sompo International, the Bermuda headquartered specialty property and casualty insurance and reinsurance provider, has made a high-profile hire in Brendan Plessis, a well known market executive who has had a focus on issues in emerging markets and on the problem of under-insurance for much of his career.
6. Bain Capital to channel funds into Lloyd’s via Beat Capital’s Syndicate 4242
   Leading global credit investment specialist Bain Capital Credit, L.P, which has around $40 billion in assets under management, is partnering with Beat Capital Partners Ltd., the long duration investor specialising in the insurance and reinsurance industry, to access returns from the Lloyd’s marketplace.
7. Ruoff takes on Head of Schroder Secquaero role, as Lohmann becomes Chairman
   Global asset management group Schroders has announced leadership changes at its specialist insurance-linked securities (ILS) unit Schroder Secquaero, as Stephan Ruoff takes on the Head Of role as planned and Dirk Lohmann moves into the newly created position of Chairman.
8. Laura losses to hit reinsurers & ILS, but primary insurers to retain majority: Fitch
   Industry losses from hurricane Laura are expected to largely fall to primary insurance carriers, but rating agency Fitch says that traditional reinsurance carriers and insurance-linked securities (ILS) players will take a share.
9. Catastrophe bond market may surpass records in 2020: A.M. Best
   Issuance of new catastrophe bonds could exceed the record set in 2017 if it continues at the pace set in the first-half of the year, as capital markets risk transfer continues to gain acceptance with cedants and investor appetite continues to grow.
10. ILS funds demonstrate improving returns in best June & July since 2011
    Insurance-linked securities (ILS) funds have just had their best June and July performance since 2011, on average, as the improving returns in catastrophe bonds and other reinsurance linked investments start to become evident in manager’s results.

This is not every article published on Artemis during the last week, just the most popular, some of which were published over a week ago. There were 30 new articles published in the last week. To ensure you always stay up to date with Artemis and never miss a story subscribe to our weekly email newsletter which is delivered every Wednesday.

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