Best of Artemis, week ending 30th June 2013

So we now enter the third-quarter of the year and the catastrophe bond market has seen record levels of issuance in the first half of 2013. As always, you can read every market news story and article here on the Artemis news blog, subscribe to our weekly email newsletter updates and for your convenience here are the ten most popular news articles from the last seven days on Artemis.

Top ten most viewed articles on Artemis.bm, week ending 30th June 2013:

1. Prop-cat reinsurance prices to drop further, third-party capital here to stay
   Property-catastrophe reinsurance pricing is set to drop even further at the next key set of reinsurance market renewals and the influx of third-party capital into the reinsurance space from investors is one of the key reasons for the fall, according to piece of research from analysts at Macquarie.
2. Credit Suisse analyst cites threat of ILS and third-party capital in Validus downgrade
   In a research report published on Friday by Credit Suisse, analyst Michael Zaremski noted the increasing pressure that property catastrophe reinsurers are coming under due to the growth of the third-party reinsurance capital and insurance-linked securities market.
3. Société Générale hopes to kick-start longevity ILS market
   According to a report published by Asian Investor, investment bank Société Générale is planning to launch a new capital markets focused longevity risk transfer product similar to an insurance-linked security or catastrophe bond structure.
4. Mona Lisa Re catastrophe bond comes to market for RenaissanceRe
   Another new catastrophe bond transaction launched yesterday and this time it is a particularly interesting one as the sponsor for this cat bond is Bermuda reinsurer RenaissanceRe.
5. Insurance-linked investment managers say no impact from European floods
   Two investment managers of reinsurance-linked investment funds have announced that while the recent flooding in Europe could become one of the most expensive insured loss events in the region, they do not expect it to have any impact on the performance of their funds, at this time.
6. Hiscox launches Kiskadee Re collateralized reinsurance sidecar SPI
   Hiscox, the Bermuda headquartered international specialist insurance and reinsurance group, has launched what looks like its most direct venture in managing third-party reinsurance capital in recent years, with a recently registered Bermuda special purpose insurance vehicle, Kiskadee Re Ltd.
7. Interview: Joe Louwagie, AVP, Property Claim Services (PCS)
   The latest in our series of interviews with figures from the risk transfer and insurance-linked securities markets saw us speak with Joe Louwagie, assistant vice president at Property Claim Services® (PCS®).
8. New Mythen Re 2013 catastrophe bond from Swiss Re launches
   Reinsurer Swiss Re has launched another catastrophe bond transaction under the Mythen name we understand. Mythen Re Ltd. (Series 2013-1) is the third deal to carry the Mythen name and the second under the Mythen Re vehicle, so-called because of the reinsurers head-office location on Mythenquai in Zurich.
9. Towers Watson closes on third Oak Leaf Re catastrophe bond
   The capital markets and private catastrophe bond specialist arm of professional services firm Towers Watson has announced the completion of its latest privately placed cat bond deal.
10. Amlin pleased with additional protection from latest Tramline Re II cat bond
    Insurance and reinsurance group Amlin Plc is pleased with the additional reinsurance protection provided by its latest, and second, catastrophe bond transaction Tramline Re II Ltd. (Series 2013-1).

This is by no means every article published on Artemis during the last week, just the most popular among our readers. To ensure you always stay up to date with Artemis subscribe to our weekly email newsletter update.

Keep up with the 2013 Atlantic Hurricane Season here.

If you’re looking for details on catastrophe bond and ILS transactions our Deal Directory has more than 280 listed.

Get listed in our MarketView directory of professionals.