Insurance
Hong Kong targets issuance of first ILS or cat bond in 2021: IA
Hong Kong’s proposed insurance-linked securities (ILS) grant scheme, that will pay a share of issuance costs for catastrophe bond sponsors electing to use the domicile once its ILS regulatory regime is ready, is seen as an initiative to enhance the development of the local marketplace and could result in a first transaction being issued this…
Read MoreBest of Artemis, week ending 7th March 2021
Here are the ten most popular news articles, week ending 7th March 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,…
Read MoreEnterprise architecture can advance ILS fund strategy: Roder, Synpulse
For insurance-linked securities (ILS) fund managers, embedding enterprise architecture can ensure innovation and technology are a focal point that serve to advance the business strategy, according to Synpulse Management Consulting. “ILS managers are technology companies that happen to work at the intersection of (re)insurance and capital markets. Such a statement is increasingly adopted by companies…
Read MoreSevere Weather Preparedness Week: Flood
By Scott Holeman, Media Relations Director, Triple-I Floods kill more people than any other thunderstorm-related hazard. Many flood deaths are the result of people driving into water-covered roads. Triple-I has these tips on how to protect your family. Original Article Posted at : https://www.iii.org/insuranceindustryblog/severe-weather-preparedness-week-flood/?utm_source=rss&utm_medium=rss&utm_campaign=severe-weather-preparedness-week-flood
Read MoreElementum lifts ILS assets under management to $4.4bn
Elementum Advisors, LLC, the insurance-linked securities (ILS) fund management and collateralised reinsurance underwriter, saw fund-raising success at the end of last year, helping to lift its ILS assets under management to $4.4 billion. According to the latest data in our Insurance-Linked Securities Investment Managers & Funds Directory, Elementum has added roughly 5% of assets in…
Read MoreCat bond & ILS issuance already above average in first-quarter of 2021
Catastrophe bond and related insurance-linked securities (ILS) issuance has already surpassed the ten-year average for the first-quarter in 2021, with total issuance recorded in the Artemis Deal Directory now at almost $2.5 billion. The ten-year average for first-quarter issuance of cat bonds and related ILS deals tracked within our Deal Directory is just slightly over…
Read MoreILS market development has been positive for investors: Hilti, Credit Suisse
As the insurance-linked securities (ILS) market continues to expand its remit and reach, it’s important to consider the efforts of the fund and investment side of the space as it looks to service a growing investor base. During the opening day of Artemis’ virtually held ILS NYC 2021 conference, Niklaus Hilti, Head of Insurance-linked Strategies…
Read MoreUS winter storm loss creep likely to be prolonged: Aon
The complexities surrounding the development of an ultimate of insurance and reinsurance market losses from the recent US winter storm event are set to be significant, with broker Aon warning to expect a prolonged period of loss creep. Currently, estimates for the insurance and reinsurance market loss range from low double-digit billions up to $20…
Read MoreLockton Re hires ex-CATCo CUO Simon Moore
Lockton Re, the reinsurance business of the privately held independent global broking firm, has hired Simon Moore, the former Chief Underwriting Officer of CATCo, as a Senior Broker within its Non-Marine Retrocession & Property Specialty team in London. Moore had joined collateralized retrocessional reinsurance investment fund manager CATCo back in 2015, after a stint at…
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