Best of Artemis, week ending 9th September 2018

Here are the ten most popular news articles, week ending 9th September 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 9th September 2018:

1. Global reinsurance market survey results now available to view
   Reinsurance & ILS demand is expected to rise, but price is key, we found in our first global market survey. Reinsurance News and Artemis have teamed up to take the temperature of the global reinsurance market at what is a key time for the industry.

2. Nephila gives Markel strategic benefits & predominant ILS role: Rating agencies
   The acquisition of Nephila Capital by Markel Corporation that was announced last Friday will give the re/insurer a “predominant role in the ILS market” and bring “strategic benefits” according to the main rating agencies.

3. New reinsurance normal wins out, optimism diminished: A.M. Best
   The new normal in reinsurance markets has won out, as pricing optimism following last years major catastrophe losses fizzles out, while the march and influence of alternative capital continues to impact reinsurers ability to earn back their losses.

4. SCOR creates P&C Partners unit with third-party capital & retro remit
   SCOR, the French global reinsurance giant, has reorganised its SCOR Global P&C division and added a new unit named P&C Partners which will have a remit including third-party capital and retrocession activities, as well as alternative solutions, InsurTech investing and other partnerships.

5. Tremor: “A new approach to issuing risk” – Interview with CEO Sean Bourgeois
   Artemis spoke with Sean Bourgeois, Founder and CEO of insurance technology (InsurTech) start-up Tremor Technologies, Inc., to discuss its mission to create an open, technology-driven, programmatic marketplace for reinsurance risk placement.

6. Reinsurance rates likely to disappoint again at January 2019: Rating agencies
   The main rating agencies for the reinsurance industry are largely lacking in optimism when it comes to prospects for reinsurance pricing at the key January 2019 renewal season.

7. Duperreault sees “huge potential in ILS at AIG: Report
   Brian Duperreault, the CEO of insurance giant American International Group (AIG), said yesterday that he sees “huge potential” for using the insurance-linked securities (ILS) market more at the firm.

8. PCS adds cyber catastrophes to index product, as Petya loss hits $3bn
   Property Claim Services (PCS) has expanded its industry loss index and estimates service for the cyber insurance and reinsurance space by adding cyber catastrophe events, covering losses that involve multiple insureds across affirmative and silent cyber with industry-wide insured losses of at least $250 million.

9. Reinsurers need to offer more than just capacity, ILS can help: S&P
   Aside from the very largest of global reinsurance firms, the rest of the pack need to understand that they need to do more than just provide reinsurance capacity, as that can be more simply and less expensively delivered through the capital markets, according to S&P.

10. Alternative capital vehicles provide “competitive advantage” – Moody’s
    Alternative capital vehicles operated by traditional reinsurance firms are increasingly an area of competitive advantage for the sector, according to rating agency Moody’s Investors Service, something that may accelerate the shift towards re/insurer managed ILS assets.

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 39 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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