Insurance

Nephila Capital, the world’s largest insurance and reinsurance linked investment fund manager, is expanding its activities in the key Lloyd’s of London marketplace with the launch of a new syndicate that will follow selected specialty lines underwriters performance. Syndicate 2358 at Lloyd’s is being launched by Nephila Capital through its dedicated Lloyd’s managing agency Nephila…

We’ve just published our latest video interview which features executives from independent insurance-linked securities (ILS), catastrophe bond and reinsurance investment manager Twelve Capital. All of our Artemis Live video interviews can be accessed directly from our YouTube Channel and we have more interesting discussions with leaders of the ILS and reinsurance industry to come over…

Analysts from investment bank Berenberg have said that they believe global claims for the insurance and reinsurance industry due to the Covid-19 pandemic will be manageable, estimating a range from $50 billion to $70 billion for the total bill. The analysts don’t specify whether this includes both life and non-life insurance claims from the pandemic,…

Research led flood risk model developer Fathom has launched a new U.S. flood model that provides 100% nationwide coverage and incorporates the ability to look at how climate change could impact flooding, as well as how changing hurricane behaviour may affect losses. Fathom’s new U.S. flood catastrophe risk model provides all-encompassing coverage of the country,…

UnipolSai Assicurazioni S.p.A., the Italian primary insurance company, has returned to the catastrophe bond market to sponsor a new European earthquake catastrophe bond, with an Azzurro Re II DAC (Series 2020-1) transaction that targets at least EUR 100 million of reinsurance protection against quake losses for the insurers’ Italian portfolio. This is UnipolSai’s third visit…

Hudson Structured Capital Management Ltd., the insurance-linked securities (ILS), reinsurance- and transportation- focused investment manager, is expected to take majority control of windstorm focused primary insurance group Weston Insurance Holdings Corporation, after a recent capital restructuring and increased investment in the carrier. Hudson Structured, which undertakes insurance and reinsurance investment business as HSCM Bermuda Management…

Throughout the current crisis, the catastrophe bond marketplace has once again shown its resilience and ability to perform differently to the broader capital markets, according to Cory Anger of GC Securities. Artemis recently spoke with Anger, Managing Director of GC Securities, the specialist insurance-linked securities (ILS) division of reinsurance broker Guy Carpenter, as part of…

1347 Property Insurance Holdings, Inc. has appointed Larry Swets as its interim Chief Executive Officer (CEO), to lead the company through its transition towards a strategy focused on reinsurance and investment management. Swets has worked in a number of financial services, insurance and reinsurance organisations at key times in their history, helping to drive strategic…

HSCM Bermuda Management Company, the insurance and reinsurance investment business entity of asset manager Hudson Structured Capital Management Ltd., has recapitalised an auto insurer to support the expansion of ride share and sharing economy focused insurtech Buckle. Buckle is a provider of technology-driven financial products and services to the shared economy, with insurance for ride…