Best of Artemis, week ending 29th November 2015

Here are the ten most popular news articles, week ending 29th November 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 29th November 2015:

1. Munich Re to renew Eden Re II reinsurance sidecar for 2016
   Global reinsurance firm Munich Re is seeking investor support for a renewal of its Eden Re II Ltd. fully-collateralized reinsurance sidecar, Artemis understands. Last year Munich Re raised $290 million through the sidecar, but for 2016 the firm is seeking up to $430 million.

2. Is ‘basis risk’ the right question when considering parametric triggers?
   Parametric triggers have been in use in catastrophe insurance and reinsurance for decades now, but still some cedents, underwriters and even ILS investors continue to feel the need to match the trigger to an insurable interest.

3. Lloyd’s to pool $400m catastrophe capacity for developing economies
   Eight Lloyd’s of London syndicates are teaming up to provide their specialist underwriting skills and $400 million of natural catastrophe insurance and reinsurance capacity to help developing economies build resilience to disaster, climate or weather risks.

4. No one better to manage world’s risks than re/insurers: UN’s Figueres
   There is “no one better able to help the world manage its risks” than the insurance and reinsurance industry (and we would venture the ILS market), according to Christiana Figueres, Executive Secretary of the United Nations Framework Convention on Climate Change.

5. Barbican to manage Credit Suisse ILS team’s Arcus Syndicate 1856
   Barbican Managing Agency Limited, part of Barbican Insurance Group, has now received full approval from the Lloyd’s Franchise Board to manage Arcus Syndicate 1856 (Arcus 1856), the £90 million Lloyd’s Syndicate launched by the Credit Suisse ILS team recently.

6. Climate change catastrophes to hit sovereign ratings, risk transfer key: S&P
   The impact of climate change is set to exacerbate the negative effect on sovereign ratings from major natural catastrophe events by 20%, according to Standard & Poor’s, as the loss and damage caused by these events increases due to warmer temperatures.

7. Securis and Novae in Lloyd’s E&S focused special purpose syndicate
   London headquartered specialist insurance linked securities (ILS) and reinsurance investments manager Securis Investment Partners has teamed up with specialist Lloyd’s of London insurer Novae Group plc to launch a new special purpose syndicate focused on U.S. E&S property business.

8. Leadenhall takes new investment from U.S. university pension fund
   Specialist insurance and reinsurance linked investment manager Leadenhall Capital Partners LLP has raised a new injection of capital for one of its funds from an unnamed U.S. university pension fund.

9. Zenkyoren returns with Nakama Re 2015-1 Japan quake cat bond
   Zenkyoren, or the Japanese National Mutual Insurance Federation of Agricultural Cooperatives, is back in the capital markets looking for at least $200 million of reinsurance protection from a Japanese earthquake catastrophe bond issue, Nakama Re Ltd. (Series 2015-1).

10. Alternative capital can help re/insurers better serve society: Loh
    In order to better serve the needs of societies in emerging markets insurers and reinsurers require the structures and capacity of alternative reinsurance and ILS, according to the Deputy Managing Director of the Monetary Authority of Singapore (MAS), Jacqueline Loh.

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 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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Artemis’ Q3 2015 Catastrophe Bond & ILS Market Report – A market making steady progress

We’ve now published our Q3 2015 catastrophe bond & ILS market report.

This report reviews the catastrophe bond and insurance-linked securities (ILS) market at the end of the third-quarter of 2015, looking at the $1.093 billion of new risk capital issued and the composition of the cat bond & ILS transactions completed during Q3 2015.

Download your copy here.