Coca-Cola pension fund ILS allocation grew 5% to $362m in 2020

The insurance-linked securities (ILS) allocation of global beverage and food giant The Coca Cola Company’s pension fund has grown in 2020, ending the year 5% larger at $362 million. Coca-Cola’s corporate pension plan has been invested in insurance-linked securities for a number of years, with as much as 5% of its assets allocated to the…

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Cohen & Co targets $253m with fourth re/insurance SPAC

Fixed income financial services focused investment firm Cohen & Company, LLC is back with another insurance, reinsurance and insurtech focused Special Purpose Acquisition Company, a blank check company or SPAC, with a $253 million target for INSU Acquisition Corp. IV. Once again, the investment manager has an insurance and reinsurance focus for its latest Special…

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USAA aggregate cat bonds in focus on winter storm impacts

Secondary prices have dropped for some catastrophe bonds in the wake of the recent severe winter storm losses in the United States, with aggregate Residential Re cat bonds sponsored by primary military mutual insurer USAA the names in investor focus. We’ve analysed some catastrophe bond broker pricing sheets and it’s clear that investor nerves are…

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UK’s winter 2020 floods & storms cost re/insurers almost US $1.1bn: PERILS

Winter 2020 severe windstorms and flooding events cost insurance and reinsurance interests in the United Kingdom almost US $1.1 billion, according to the latest data from PERILS AG. The Zurich-based provider of estimates for insurance and reinsurance market property losses has updated its estimate of industry losses from the flooding that struck the United Kingdom…

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CEA gets $215m Ursa Re cat bond at 11% reduced pricing

The California Earthquake Authority (CEA) has successfully secured its first catastrophe bond transaction of 2021 at the upsized $215 million target, while the Ursa Re II Ltd. (Series 2021-1)  catastrophe bond has been priced at the low-end of already reduced coupon guidance. The pricing has moved considerably, once again reflecting high levels of investor appetite…

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Best of Artemis, week ending 28th February 2021

Here are the ten most popular news articles, week ending 28th February 2021, 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. Ten most read articles on Artemis.bm,…

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How Supply Chain Analytics Drive Smart Manufacturing

logistics providers

Supply chains are becoming smarter thanks to the rapid adoption of IoT devices and other data collection methods. However, analytics are still lagging in the industry, with many companies using spreadsheets to track patterns and shipments. This leads to product damage and financial losses, as well as reputation and partner network relationship damage.   It’s […]

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