Financial

Vesttoo, which uses proprietary artificial intelligence and machine learning solutions to help companies assess and transfer risks to the capital markets, has published mortality risk models and forecasts for the U.S. including COVID-19 impacts, and offers the resulting index for mortality risk transfer transactions. Vesttoo aims to help risk bearers better forecast and price long-tail…

Arbol, Inc., the marketplace technology provider that supports parametric risk transfer or weather insurance and utilises smart contracts, has raised a $7 million Series A funding round to help grow its business. Arbol said that the Series A was oversubscribed and completed at much higher valuation from its initial seed funding round. The seed investors,…

Inflows to the insurance-linked securities (ILS) asset class are expected to rise over the coming months, as investor appetite increases, according to Fabrice Rossary, the Chief Investment Officer of SCOR Investment Partners. Alongside this, the ILS fund market has been working to improve the quality of the portfolios of risk it offers to investors, Rossary…

Eclipse Re Ltd., the Horseshoe managed private syndicated collateralised reinsurance note and private catastrophe bond issuance and transformer platform, has brought its first deal to market of 2021, an $80 million Eclipse Re Ltd. (Series 2021-01A) issuance. Last year, the Eclipse Re platform was responsible for almost $107 million of listed private cat bond, or…