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Rating agency A.M. Best said that varying pandemic related impacts are to be expected for the insurance-linked securities (ILS) market, with the most concerning likely the fact that collateral could be trapped for years given the significant uncertainty over potential losses. There have already been a range of impacts seen in the ILS and catastrophe…
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The targeted issuance size for the latest catastrophe bond to be sponsored by the California Earthquake Authority (CEA) has risen again, with the Sutter Re Ltd. (Series 20201- & 2020-2) issuance now aiming for as much as $740 million of reinsurance protection for the sponsor. California’s not-for-profit residential earthquake insurer, the California Earthquake Authority (CEA),…
Read MoreHere are the ten most popular news articles, week ending 10th May 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,…
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I recently discovered an app called TikTok. From what I can tell, it seems to be used primarily by younger people who record themselves performing short music videos, lip-syncing scenes, or absurdities with their unsuspecting family members and pets. Most of my friends and family scoff at the fact that I downloaded the app –…
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“Good news! You have antibodies, so you’re immune to COVID-19.” How relieved would we be to hear that? I could move throughout my place of work, or my grocery store, with added security. I would muse about a vetted cohort of immune providers to care for patients with COVID-19. PPE could be conserved so that…
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If you ask a group of medical students to raise their hands if they are, in fact, racist, I’d venture to guess that not a single hand would shoot up. And I don’t think they would be lying. I am sure that no student believes that he, she, or they are a bigot. Many of…
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COVID-19 has exposed us to a wide variety of different stressors. In the short term, our stress response is useful as it helps us respond quickly and effectively. But when the stress lasts longer, we have to identify and acknowledge the “downside” risks. We should not stress about stress but protect ourselves against it. Intense, prolonged stress…
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Novel coronavirus (COVID-19) has challenged our health care industry in profound and irreversible ways, creating massive pressure that has exposed system-wide inefficiencies and inequalities. It has also fundamentally shifted the way first responders, health care providers, hospitals, health systems, and even the federal government are using digital health technologies. The current pressure test that our…
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Art is a way to find yourself and lose yourself at the same time. When troubled, we experience the monkey mind, thinking of worst outcomes, or replaying past events. A creative pursuit helps stall that process by helping us actively practice mindfulness. There is no wrong brush stroke in art; you simply incorporate that into…
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By the time we started to have a significant number of COVID-19 patients in our hospital, I was working as the attending on the inpatient infectious disease service. Along with the rest of my infectious disease colleagues, we had all been tracking the evolving COVID-19 statistics and mounting predictions that we would eventually become inundated…
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