Insurance
ILS to go from strength to strength: Brad Adderley, Appleby
The twin, positive impacts of rising prices and much improved terms means that the hardening market environment isn’t going away anytime soon, suggesting ever-increasing success for the insurance-linked securities (ILS) space, according to Brad Adderley, senior partner in Appleby’s Bermuda office who has been involved in a significant number of ILS transactions. Poised to surpass…
Read MoreTremor exceeds $1bn of limit, completes property cat renewal for W. R. Berkley
Tremor Technologies, the insurtech offering a technology-based programmatic insurance and reinsurance risk transfer marketplace, has now exceed $1 billion of limit placed, after it completed a renewal placement of W. R. Berkley’s property catastrophe reinsurance tower. Tremor has now helped its clients place a significant amount of risk with sources of reinsurance capital over the…
Read More2020 catastrophe bond & related ILS issuance to exceed $16bn this week
The catastrophe bond and related insurance-linked securities (ILS) is set to pass another milestone this week, as Artemis’ data on the cat bond and ILS marketplace will count over $16 billion of annual issuance for the very first time in 2020. Within our Artemis Deal Directory, the most extensive publicly available source of information on…
Read MoreMadagascar takes up new African Risk Capacity parametric cyclone insurance
The African Risk Capacity (ARC), a provider of parametric disaster insurance products to countries and now other entities in Africa, has launched a parametric tropical cyclone insurance product for African nations and Madagascar has become the first to take it up. It’s taken a long time to get to this stage, as a parametric tropical…
Read MoreLongevity risk transfer nears record. 2021 to be busy again despite pandemic: WTW
The market for longevity swaps and longevity risk transfer has hit forecasted volumes in 2020 despite the implications of the global COVID1-9 pandemic and Willis Towers Watson believes another busy year is ahead in 2021. The longevity de-risking market, where pensions transfer their longevity risk to global reinsurance markets, has proven resilient in 2020 and…
Read MoreStart-ups seen to maintain reinsurance industry price discipline: KBW
According to executives from Bermuda-based reinsurance companies and brokers that met virtually with analysts from KBW, the wave of new private equity backed start-ups are so far being seen to maintain the reinsurance industry’s price discipline as the key January renewals approach. Discipline is a key factor in how successful the reinsurance market is in…
Read MoreBest of Artemis, week ending 20th December 2020
Here are the ten most popular news articles, week ending 20th December 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. Ten most read articles on Artemis.bm,…
Read MoreHelping clients get the most from their long-term care insurance
There are still a few things your clients should know and do now, well before they ever need to file a claim. Original Article Posted at : https://www.accountingtoday.com/opinion/helping-clients-get-the-most-from-their-long-term-care-insurance
Read MoreUnsustainable growth makes Florida Citizens the “insurer of first resort”
Florida’s Citizens Property Insurance Corporation has increased its policy count by 28% in just the last 18 months and the insurer expects its growth to continue at an unsustainable rate, which now makes it “the insurer of first resort,” according to its Chairman. Florida Citizens was always supposed to be the insurer of last resort…
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