Best of Artemis, week ending November 7th 2021

Best of Artemis, week ending November 7th 2021

Here are the 10 most popular news articles, week ending November 7th 2021, covering catastrophe bonds, ILS, reinsurance capital and related threat transfer subjects. To guarantee you never ever miss a thing register for the weekly Artemis e-mail newsletter updates or get our email informs for each short article we publish.Ten most check out posts on Artemis.bm, week ending November 7th 2021:

This is not every short article published on Artemis during the last week, simply the most popular amongst our readers over the last seven days. There were 42 brand-new posts published in the last week. To guarantee you constantly stay up to date with Artemis and never miss out on a story sign up for our weekly e-mail newsletter which is delivered every Wednesday.
View the current breakdown of the ILS market in our variety of charts, allowing you to analyse cat bond issuance.
Have a look at the properties under management of the ILS fund market with our ILS investment supervisor directory.
Get noted in our MarketView directory site of experts.

This is not every article published on Artemis throughout the last week, just the most popular among our readers over the last seven days. There were 42 new short articles released in the last week. To guarantee you always remain up to date with Artemis and never ever miss out on a story subscribe to our weekly email newsletter which is provided every Wednesday.

COP26: A chance for re/insurance & & ILS environment leadershipOn Monday November 1st 2021 at the United Nations (UN) Framework Convention on Climate Change Conference of the Parties (COP26) in Glasgow, United Kingdom, it ended up being clear that this is a minute in time where the insurance coverage, reinsurance and insurance-linked securities (ILS) markets have an opportunity to show environment management.
Peak zone issues– more capacity required: Peter Zaffino, AIGThe insurance coverage and reinsurance industry has an issue with peak zones and emerging risks, according to AIG President and CEO Peter Zaffino, who thinks that more capacity is required to make underwriting in peak catastrophe zones sustainable and for covering emerging direct exposures, from environment to cyber risks.
TWIA committee votes to change reinsurance broker to Willis ReThe Texas Windstorm Insurance Association (TWIAs) Actuarial & & Underwriting Committee met to examine propositions for reinsurance broking services and has actually voted to suggest the TWIA Board approve a change to Willis Re, which likewise has implications for the issuance of its disaster bonds.
Address climate danger, have the ability to absorb lossesOne of the clearest examples of a regulators intention to force action on climate-related monetary threats and guarantee entities have the capital resources to absorb their prospective future losses from them, originated from Bank of England Governor Andrew Bailey yesterday.
Nephila AuM decreases $500m to $9.3 bn, but fees rise for MarkelIn the last quarter of record, profits made from its flagship insurance-linked securities (ILS) operation Nephila Capital rose for moms and dad Markel Corporation, however properties under management at Nephila Capital decreased greatly in Q3, dropping by $500 million to $9.3 billion by the end of September.
Pension Insurance Corp states to decline modified Markel CATCo buyout offerPension Insurance Corporation plc (PIC) has explained that it will not accept the updated and improved buyout terms proposed to investors in the Markel CATCo Investment Management retrocessional reinsurance mutual fund, calling the proposal “fundamentally flawed”.
Liberty Mutual exposes $812m net cyclone Ida lossU.S. primary insurance provider and international re/insurer Liberty Mutual reported elevated disaster losses for the third-quarter of 2021, revealing a net $812 million hit from hurricane Ida.
Markel on-track to transfer all feline company to ILS model: Co-CEOsMarkel Corporation intends to continue to cede retrocessional reinsurance organization to its Lodgepine Capital Management start-up retro ILS investment manager and anticipates the complete retro book to transfer to the ILS design in time, Co-CEO Ritchie Whitt said.
Paul Gregory to handle interim CEO function at Lancashire Capital ManagementPaul Gregor, the Group Chief Underwriting Officer of specialized insurance coverage and reinsurance group Lancashire Holdings, is stepping in to become interim CEO of the firms Lancashire Capital Management unit, as Darren Redhead will leave the company in 2022.
AIGs AlphaCat possessions under management fall to $3.5 bnAssets under management at American International Groups (AIG) insurance-linked securities and collateralized reinsurance dedicated ILS financial investment supervisor entity, AlphaCat Managers, have actually been up to $3.5 billion by the end of the third-quarter, with some results from the quarters catastrophes clear in its reporting.

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!