Best of Artemis, week ending 1st July 2018

Here are the ten most popular news articles, week ending 1st July 2018, 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 or get our email alerts for every article we publish.

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Ten most viewed articles on Artemis.bm, week ending 1st July 2018:

1. Munich Re refocusing on risk + tech + experience?
   There are signs that the world’s largest reinsurance firm Munich Re is beginning to refocus and reposition itself, intending to concentrate on its core areas of expertise in risk management, risk transfer and risk bearing, alongside a newer developed focus on technology.

2. ILS Asia 2018: Who can you meet on the day?
   There is just over two weeks left until our third annual insurance-linked securities (ILS) conference in Asia. The full agenda for ILS Asia 2018 is now available on the website and we’re down to our final batch of tickets for the event. Here is a glimpse of who you can meet on the day.

3. Liberty Mutual sidecar Limestone Re in $278m issuance
   U.S. primary insurance giant Liberty Mutual has returned to the capital markets to boost its reinsurance at mid-year, with the issuance and sale to investors of a $278 million series of notes from its Bermuda segregated accounts reinsurance sidecar vehicle, Limestone Re Ltd.

4. Next evolution of ILS is to rationalise the distribution chain: Nephila’s Hagood
   Nephila Advisors’ Co-Founder Greg Hagood feels scale is becoming increasingly important for insurance-linked securities (ILS) fund managers, and believes the next evolution of the ILS market is to “rationalise a very inefficient distribution chain.”

5. $300m Acorn Re parametric U.S. quake cat bond renewal launches
   A renewal catastrophe bond transaction has been launched for a novel parametric deal that ultimately provides workers compensation protection to an insured, with a $300 million Acorn Re Ltd. (Series 2018-1) transaction that seeks parametric earthquake cover that will benefit the Kaiser Permanente health group.

6. Shanghai, China looks to trial catastrophe bonds: Regulator
   The city of Shanghai in China is once again targeting catastrophe bonds as a new offering for its local insurance and reinsurance market, as insurance-linked securities (ILS) remain a risk transfer tool target for the regulator in the area.

7. Hard to see reinsurers hit targets without at least stable pricing: Deutsche Bank
   Analysts at Deutsche Bank recently concluded that at least stable pricing, or better, will be required for one of the major reinsurance firms to hit its long-term targets, something which applies to the rest of the industry as well.

8. 2018 hardening offered ILS investors a time to initiate or upsize: Aon
   Insurance and reinsurance industry broker Aon believes the rate rises seen this year made it a good time to initiate or add to an investment in insurance-linked securities (ILS), in light of the potential for firming to be sustained in some catastrophe markets.

9. Sompo offers parametric weather cover for real estate & hospitality sectors
   New parametric and index-based weather risk transfer options tailored for the real estate and hospitality sectors have been launched by units of Sompo International Holdings Ltd., the Bermuda headquartered specialty insurance and reinsurance provider.

10. Munich Re redeems another tranche of Eden Re sidecar notes early
    Reinsurance giant Munich Re has redeemed another tranche of notes from its Eden Re series of collateralized reinsurance sidecar issuances early, which may again be related to the loss activity of 2017’s hurricanes and other catastrophe events.

This is not every article published on Artemis during the last week, just the most popular, some of which were published over a week ago. There were 29 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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