Best of Artemis, week ending 12th April 2015

Here are the ten most popular news articles, week ending 12th April 2015, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. 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 12th April 2015:

1. RE:bound to apply catastrophe bond tech to project financing
   A new initiative called RE.bound has been launched which will leverage catastrophe bond technology to design and structure new risk transfer solutions that provide a mechanism for resilient infrastructure project financing.

2. Swiss Re and HWind Scientific collaborate on parametric re/insurance
   Swiss Re, one of the world’s largest reinsurance firms, is partnering with HWind Scientific, LLC, a provider of real-time, objective, observation-based hurricane data, in an initiative to develop a new category of parametric re/insurance products.

3. Alternative reinsurance capital on track to hit $150B by 2018: Aon Benfield
   The alternative reinsurance capital growth rate experienced in 2014 suggests that the insurance-linked securities (ILS), collateralized reinsurance and catastrophe bond space will hit $150 billion of capital by 2018, according to Aon Benfield.

4. Re/insurance M&A generally positive, but won’t solve issues: Moody’s
   Moody’s Investor Services has predicted a wave of further merger and acquisition (M&A) activity during 2015, driven by the increasing deterioration of the global reinsurance space.

5. Alternative capital not the main source of re/insurance competition: Survey
   Competition in insurance and reinsurance has been on the rise. In the reinsurance market in particular, aggressive competition has been cited at recent reinsurance renewals, as players seek to put capacity to work and new capital keeps entering in the form of ILS.

6. Structurally lower cost of reinsurance capital an opportunity: Credit Suisse
   The structurally lower cost of reinsurance capital presents an opportunity to property & casualty insurers, as innovations in structures and business models prompt a rethink of insurers risk profiles and their role in the value chain, according to analysts at Credit Suisse.

7. AXA Global Life launches Benu Capital mortality catastrophe bond
   AXA Global Life is seeking a source of fully-collateralized reinsurance coverage for excess mortality events from a catastrophe bond structure with a newly launched €250m transaction named Benu Capital Limited.

8. No immunity for ILS funds as reinsurance reshaping continues: Willis
   As the relentless pace of rate reductions continues across the global reinsurance market, while macro conditions and the inflows of alternative reinsurance capital reshape the reinsurance landscape, ILS funds can no longer be thought of as immune to these challenges.

9. European windstorm Niklas losses €1B to €1.9B: AIR Worldwide
   Risk modelling firm AIR Worldwide estimates that the insurance industry loss from recent European windstorm (or extratropical cyclone) Niklas will range between €1 billion to €1.9 billion.

10. Cranberry Re 2015-1 cat bond launched for Massachusetts MPIUA
    The Massachusetts Property Insurance Underwriting Association (MPIUA) is returning to the catastrophe bond market with a $200m deal named Cranberry Re Ltd. (Series 2015-1), which is being sponsored on the MPIUA’s behalf by Hannover Rück SE.

This is by no means every article published on Artemis during the last week, just the most popular, some of which were published over a week ago. There were 22 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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Artemis’ Q1 2015 Catastrophe Bond & ILS Market Report – The biggest first quarter ever

We’ve now published our Q1 2015 catastrophe bond & ILS market report.

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