Best of Artemis, week ending 19th January 2014

Here are the ten most popular news articles, week ending 19th January 2014, on catastrophe bonds, reinsurance capital and related risk transfer topics, from the last seven days on Artemis. To ensure you never miss a thing  subscribe to the weekly Artemis email newsletter updates.

Top ten most viewed articles on Artemis.bm, week ending 19th January 2014:

1. New Ocean Capital launches two reinsurance investment strategies
   Bermuda based insurance-linked securities (ILS) and reinsurance-linked asset manager New Ocean Capital Management Limited has announced the successful launch of two new reinsurance investment strategies.
2. 2013 a ground-breaking 12 months for ILS: Aon Benfield
   Aon Benfield Securities, the capital market, catastrophe bond and insurance-linked securities (ILS) arm of reinsurance broker Aon saw 2013 as a ground-breaking year for the ILS market, as demand from investors helped the market grow to record size.
3. Florida Cat Fund looks to cat bonds & collateralized reinsurance
   At an insurance summit held last week in Orlando, Jack Nicholson the COO of the Florida Hurricane Catastrophe Fund said that it is seeking approval to buy up to $1.5 billion of private reinsurance, and favors using catastrophe bonds and collateralized reinsurance.
4. Plenum launches leveraged cat bond strategy, new share classes
   Zurich based catastrophe bond investment manager Plenum Investments is expanding its reach with the launch of a higher return leveraged cat bond investment strategy as well as new institutional and trailer fee clean retail share classes for the Plenum Cat Bond Fund.
5. New reinsurance capital, a challenge to Lloyd’s or an opportunity?
   John Nelson, Chairman of the Lloyd’s insurance and reinsurance market in London, said in an interview that the changing reinsurance market dynamic, caused by capital from new sources flowing into the sector, is a major challenge to Lloyd’s.
6. Retrocessional reinsurance rates down by 5% to 25% at renewal
   According to leading reinsurance brokers, the market for retrocessional reinsurance coverage saw pricing declines of as much as 25% at the recent January reinsurance renewals.
7. Twelve Capital to issue Dodeka I, a $25m private cat bond
   Specialist Swiss-based insurance-linked securities (ILS) and reinsurance-linked investment manager Twelve Capital is issuing its first private catastrophe bond, named Dodeka I, as a way to acquire transformed risk for its more liquid investment strategies.
8. ILS investment allows Centrum to decouple from the interest rate cycle
   Centrum Bank, a private bank headquartered in Liechtenstein, owned and operated by a foundation set up by the Marxer family, appreciates the diversification properties of its investments in insurance-linked securities (ILS).
9. CATCo writes above target, lower risk, better protected 2014 portfolio
   Reinsurance and retrocessional reinsurance investment manager CATCo Investment Management has successfully allocated capital to a 2014 portfolio which could generate returns significantly above target, but with lower risk and better protection.
10. Catastrophe bond spread payments outstrip losses by 12-1
    Zurich headquartered global reinsurance firm Swiss Re recently shared some interesting data on the ratio between catastrophe bond spread payments earned by investors and total losses to the investor base from cat bonds triggered by natural catastrophes.

This is by no means every article published on Artemis during the last week, just the most popular, some of which were published more than a week ago. There were 23 new articles published in the last week. To ensure you always stay up to date with Artemis and never miss a story subscribe to our weekly email newsletter which is delivered every Wednesday.

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