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Whether you’re part of the 1% or the 99%, a home is likely the single biggest purchase you’ll ever make. Unfortunately, plenty of people make dumb mistakes when buying a home — mistakes that can cost tens of thousands of dollars in extra interest or, worse, saddle you with a home you can’t afford and…
Read MoreCCR Re, the French state-owned reinsurance firm, has renewed its 157 Re collateralised reinsurance sidecar vehicle for 2021 at an unspecified size. It’s the third annual issuance of the 157 Re reinsurance sidecar from CCR Re, which remains the first and only insurance-linked securities (ILS) vehicle to be governed by French law. For the first…
Read MoreAfter Friday’s ruling from the UK Supreme Court found largely in favour of insurance policyholders in the Financial Conduct Authority’s (FCA)’s business interruption insurance test case appeals, insurance carriers RSA Group and QBE, have said that at least a portion of the increase in gross pandemic losses due to the ruling are likely to be…
Read MoreGlobal reinsurance company Hannover Re has facilitated more private catastrophe bond transactions around this Janaury 2021 renewals, with the firms Kaith Re transformer having issued $76.4 million of Seaside Re cat bond lite notes, across seven transactions. These are the first Seaside Re private cat bond issuances to come to light in a year and…
Read MorePeak Reinsurance Company Limited (Peak Re), the Hong Kong headquartered global reinsurer that is majority backed by Fosun International, has renewed its collateralised reinsurance sidecar vehicle Lion Rock Re Ltd. for the third year in succession. At this stage, we’re not sure about the total size of Peak Re’s reinsurance sidecar renewal for 2021, but…
Read MoreHere are the ten most popular news articles, week ending 17th January 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 More“It has been over a month since I started this new hobby. I told my middle-school-aged daughter tonight, ‘I am going to write a post about how ocean plastic picking has made me a better pediatrician.’ She replied, ‘You mean better than other pediatricians?’ ‘No, I mean a better pediatrician than I was before,’ I…
Read MoreIt was Friday night, and after a long day of grossing, I was ready to leave the hospital when the department’s door opened, and the nurse shouted, “we have a frozen for an emergency liver transplant.” Without hesitation, I took the specimen and called the attending on call. After a few minutes, the surgeon arrived…
Read MoreMy first clinical rotation as a third-year medical student was in orthopedics. I remember the excitement of being scrubbed into the OR, with the gloried task of suctioning while the fellows did the real work. About 30 minutes into the surgery, when things were getting underway, a male physician scrubbed in and took the tool…
Read MoreIntensifying rainfall fueled by climate change over the past 30 years has caused nearly $75 billion in flood damage in the United States, according to a study by Stanford University researchers. The findings, published in the journal Proceedings of the National Academy of Sciences, shed light on the growing costs of flooding and the heightened risk…
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