Here are the ten most popular news posts, week ending 23rd May 2021, covering catastrophe bonds, ILS, reinsurance capital and related threat transfer subjects. To guarantee you never miss out on a thing register for the weekly Artemis email newsletter updates or get our e-mail notifies for each article we publish.Register now for our live webcast on Hedging the next pandemic.
10 most check out posts on Artemis.bm, week ending 23rd May 2021:
This is not every short article published on Artemis throughout the last week, simply the most popular among our readers over the last seven days. There were 36 new articles published in the recently. To ensure you always stay up to date with Artemis and never miss a story subscribe to our weekly email newsletter which is provided every Wednesday.
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Aon/ WTW: Willis Re sale supported, as industry wants broker choiceIt appears that the provider side of the industry is largely extremely encouraging of the sale of Willis Re as part of the preparations for Aons acquisition of competing Willis Towers Watson (WTW), as it maintains choice in the reinsurance broking market.
TWIA will not seek extra $1bn reinsurance in 2021, however cat bond may upsizeThe Texas Windstorm Insurance Association (TWIA) remains concentrated on securing the prepared just over $1.9 billion of reinsurance protection at its renewal this year and its Alamo Re cat bond did upsize as anticipated, doubling to $500m.
Florida reinsurance renewal terms essential, as rate expectations falterThe upcoming June 1st reinsurance renewals in Florida are still anticipated to see broad rate increases of between 5% to 15%, according to our sources, however this is lower than where expectations had actually been sitting a few months earlier.
Hamilton hires Howie as CFO. Ursano to leave & & set-up advisory businessHamilton, the Bermuda based insurance and reinsurance holding business, has actually announced the hiring of Craig Howie from Everest Re as its new Group CFO, due to the fact that incumbent Tony Ursano is set to leave to develop an insurance coverage and insurtech advisory company.
$250m Aquarelle deal might be biggest private cat bond everA new issuance of privately positioned catastrophe bond notes, named after their segregated account as Aquarelle, is likely to be, at $250 million in size, the largest private feline bond or insurance-linked securities (ILS) positioning ever released.
Industry-loss service warranty (ILW) market softens YoY as capability risesFollowing discussions with a variety of market sources, it appears that the marketplace for industry-loss warranty (ILW) protection has actually softened year-on-year, following on the heels of the catastrophe bond market as capability turns its attention to ILWs in the added to the renewals.
RenRe raises $132m of new capital for Medici ILS and feline bond fundRenaissanceRe, the worldwide reinsurer and third-party reinsurance capital manager, had raised $132 countless new capital for its largely catastrophe bond focused insurance-linked securities (ILS) fund Medici through April 1st this year.
ILS Asia 2021– Registration open for our yearly ILS conference for AsiaYou can now register for the 6th instalment of our annual insurance-linked securities (ILS) conference for and about the Asia region.
Citizens protects $950m of feline bond cover with Everglades Re 2021Floridas Citizens Property Insurance Corporation has now protected its upsized $950 million target for its newest Everglades Re II Ltd. (Series 2021-1 & & 2021-2) disaster bonds, making them the insurance providers second biggest piece of reinsurance from the capital markets on record.
Fidelis set to triple brand-new Herbie Re cat bond to $150m in sizeSpecialty insurance and reinsurance company Fidelis Insurance Holdings Limited has tripled its target for its newest disaster bond.
This is not every short article published on Artemis during the last week, simply the most popular among our readers over the last seven days. There were 36 new short articles released in the last week. To ensure you constantly stay up to date with Artemis and never miss out on a story subscribe to our weekly email newsletter which is provided every Wednesday.