Here are the ten most popular news posts, week ending 11th April 2021, covering disaster bonds, ILS, reinsurance capital and related risk transfer subjects. To ensure you never ever miss a thing sign up for the weekly Artemis email newsletter updates or get our e-mail informs for every short article we publish.Ten most read posts on Artemis.bm, week ending 11th April 2021:
2021 Atlantic hurricane season forecast for 8 cyclones, 4 major: CSUTropical storm and hurricane research meteorologists at Colorado State University have actually provided a forecast requiring 8 hurricanes, 4 of them major, throughout the 2021 Atlantic typhoon season, while likewise forecasting an above-average possibility of major hurricane landfalls occurring.
Sapnar signs up with Stone Ridges NYDIG to lead bitcoin services for insuranceMike Sapnar, the former CEO of international reinsurance company TransRe has now appeared as Global Head of Insurance Solutions for the Stone Ridge owned NYDIG, entrusted with leading the firms creation of bitcoin-powered services and products for the worldwide re/insurance industry.
COVID-19 insured loss reports increase 21% in last quarter, near $38bnLosses and IBNR reserves associated with the COVID-19 coronavirus pandemic reported by significant insurance coverage and reinsurance business have risen substantially throughout the first-quarter of 2021, with the overall pandemic loss reported now nearing $38 billion, having risen by 21% throughout reporting for the final-quarter results of 2020.
Aon– Willis Towers Watson merger assessed by Singapore competition authorityThe merger of insurance coverage and reinsurance broking and consultancy giants Aon and Willis Towers Watson (WTW) continues to be looked at by watchdogs, with the Competition and Consumer Commission of Singapore the latest to evaluate the offer.
Florida set for a few of the steepest NFIP flood insurance coverage rate risesFlorida is set to experience some of the steepest increases in rates and rates of flood insurance protection under the National Flood Insurance Program (NFIP) after the release of FEMAs brand-new Risk Rating 2.0 system comes into result over the next year.
Disaster bond & & related ILS market struck new high at end of Q1The impressive market size of disaster bonds and associated insurance-linked securities (ILS) continued to grow in the first-quarter of 2021, reaching brand-new highs of $34.34 billion, based upon residential or commercial property cat, life, specialty and health or other industry feline bonds.
State Farm sponsors $350m New Madrid quake Merna Re II cat bond for 2021US main insurance giant State Farm has actually once again returned to the 144A catastrophe bond market for another piece of New Madrid earthquake reinsurance security to sponsor its latest capital markets deal, a $350 million Merna Re II Ltd. (Series 2021-1) issuance.
Basis danger of unmodelled losses requires prices in: Conduits EckertIn reinsurance, the impacts of unmodelled losses make up a kind of basis danger and after the last couple of years this needs to begin getting priced in, according to Conduit Holdings Executive Chairman Neil Eckert.
Many ILS funds report unfavorable February returns on winter season storm impactsThe bulk of insurance-linked securities (ILS) funds have actually reported an unfavorable return for February 2021 after the impacts of the US winter season storm and Texas freeze, according to the most recent report from the Eurekahedge ILS Advisers Index.
Aeolus hires Lancashires Andy Richardson as a Portfolio ManagerAeolus Capital Management Ltd., the Bermuda based reinsurance and insurance-linked securities (ILS) focused investment fund manager, has actually revealed a senior home treaty reinsurance hire in Lancashires Andy Richardson.
This is not every short article published on Artemis throughout the last week, just the most popular amongst our readers over the last seven days. There were 30 brand-new posts released in the last week. To ensure you always remain up to date with Artemis and never miss out on a story subscribe to our weekly email newsletter which is provided every Wednesday.
This is not every article published on Artemis throughout the recently, just the most popular amongst our readers over the last seven days. There were 30 brand-new articles published in the last week. To guarantee you always remain up to date with Artemis and never ever miss out on a story sign up for our weekly e-mail newsletter which is provided every Wednesday.
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