Investments
Sirius Group formally puts itself up for sale
Property and casualty insurance and reinsurance underwriter Sirius International Insurance Group, Ltd. has launched a formal sales process, after its parent China Minsheng agreed to the sale. Sirius was sold to Chinese investment group China Minsheng Investment Corp., Ltd. in 2015 by its previous owner White Mountains. The sale included the transfer of activities related…
Read MoreCovid-19 volatility & losses could drive reinsurance hardening: S&P
The capital buffers of some of the largest reinsurance companies have been significantly shrunken by the financial market declines seen in the last few weeks because of the Covid-19 coronavirus outbreak, potentially reducing their ability to weather any major catastrophe events that occur. With stock markets around the globe generally down 20% or more over…
Read MoreLoss from Australia’s Feb east coast storms & floods reaches A$677m
Insurance and reinsurance market losses from severe storms and flooding that impacted the eastern coastal region of Australia at the beginning of February are now estimated to have reached A$677 million by the Insurance Council of Australia (ICA). Sydney flooding image from ABC News’ Oscar Coleman. The storms and torrential rains began around February 4th…
Read MoreBest of Artemis, week ending 29th March 2020
Here are the ten most popular news articles, week ending 29th March 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. *** Please answer this survey on…
Read MoreExpected Dividend Increases in April 2020…Hopefully
My oh my. What a difference a month makes. In last month’s article, we were discuss how dividend growth was slowing and there may be an economic slowdown. This month, it is a completely different story. The coronavirus, COVID-19, pandemic has spread and the economic impact has been unlike anything I have ever seen. The…
Read MoreThe 10 Best Retail Stocks For Dividends And High Total Returns
Updated on March 27th, 2020 by Bob Ciura The U.S. retail industry is in a state of change. Consumers are increasingly shopping online, favoring the convenience of delivery rather than taking a trip to a store. Many retailers are struggling to adapt, having relied too heavily on malls for traffic. Some retail bankruptcies have already…
Read MoreCat bond market liquidity slows, as bid list fails to fully trade
Catastrophe bond market liquidity appears to have slowed towards the end of this week, evidenced by one of the latest bid lists of cat bonds available for sale failing to fully trade, suggesting a perhaps growing gap between buyer and seller price targets. As we’ve been explaining in our coverage, the catastrophe bond asset class…
Read MoreAmerican Integrity the most consistent Florida cat bond sponsor: Anger, GC
Primary insurer American Integrity Insurance Company (AIIC) has proven itself the most consistent catastrophe bond sponsor among Floridian carriers since 2017, according to Cory Anger. Having recently sponsored a successful fourth catastrophe bond issuance, American Integrity is the only Florida domestic market insurer to have tapped the capital markets four years in a row. As…
Read MoreSurvey on the re/insurance implications of Covid-19 coronavirus pandemic
Alongside our sister publication Reinsurance News, we’ve launched a new survey for the insurance, reinsurance and insurance-linked securities (ILS) industry, asking for your opinion on the market implications of the Covid-19 coronavirus pandemic. We are witnessing history unfolding as a global industry that is profoundly connected and affected – personally and professionally – by the…
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