Insurance
Artemis ILS Asia 2020 – post-conference report
Welcome to the Artemis ILS Asia 2020 conference report, which explores some of the discussions that took place during our fifth event focused on the region. Unable to travel to Singapore owing to the impacts of the Covid-19 pandemic, ILS Asia 2020 was our first virtually held conference. Spread over five days in mid-July, the…
Read MoreCatastrophe bonds a win-win for governments & investors, says APEC
The Asia-Pacific Economic Cooperation (APEC) continues to see the development of a regional catastrophe bond market as positive, highlighting at a recent workshop that cat bonds are a win-win relationship for governments and investors. The workshop last week was convened by The World Bank Treasury alongside the APEC Business Advisory Council (ABAC) and Asia-Pacific Financial…
Read MoreCalifornia wildfires flare up again in critical fire weather conditions
Wildfires in California have once again flared up and begun to expand, as critical fire weather conditions set in over the weekend resulting in evacuation orders and warnings. The 2020 wildfire season in California is now the largest on record, with 7,928 fire incidents having already burned some 3.63 million acres in the state. Wildfires…
Read MoreBest of Artemis, week ending 27th September 2020
Here are the ten most popular news articles, week ending 27th 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. Register for our November reinsurance &…
Read MoreScoot Science hires Grant Cavanaugh from Nephila Climate
Scoot Science, a California-based ocean analytics and forecasting company, has announced the hiring of Grant Cavanaugh, who was most recently with Nephila Climate. With a focus on aquaculture, Scoot Science has the interesting mission of supporting new sources of debt, equity and reinsurance related financing to aquaculture operations, by translating ocean dynamics into business outcomes.…
Read MoreNew CDC Numbers Raise Concern for Health, Workers Comp Insurers
Between June and August, the CDC says, COVID-19 was most prevalent in people between the ages of 20 and 29. The Centers for Disease Control and Prevention this week provided new data on the spread of COVID-19 that diverges sharply from past reports and is something health and workers compensation insurance providers will want to…
Read MoreRated paper & ILS may be favoured over collateralized UNL retro at renewals: Aon
Retrocessional reinsurance coverage written by rated carriers, as well as other insurance-linked securities (ILS) products such as industry-loss based instruments, may find themselves in favour over collateralized ultimate net loss retro at the upcoming renewals, Aon executives said recently. Speaking during a media briefing held in place of the Monte Carlo Rendez-vous by the brokers…
Read MoreFed’s Rate Move Portends Long-Term Challenges for P/C Insurers
Dr. Steven N. Weisbart, CLU, Triple-I Senior Vice President and Chief Economist “The FOMC’s action will likely keep longer-term rates exceptionally low for several years more.” The Federal Open Market Committee (FOMC) of the Federal Reserve Board recently spelled out its objectives and strategies for at least the next several years—describing a financial framework they…
Read MoreMarket hardening vital after disappointing catastrophe response: Artemis Live
The long-awaited, significant hardening of the reinsurance market, underpinned by price increases and improving terms and conditions (T&Cs), is vital following the disappointing response to catastrophe events over the past few years, according to experts from across the re/insurance and insurance-linked securities (ILS) space. Artemis, in collaboration with sister publication Reinsurance News and in association…
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