Best of Artemis, week ending 16th September 2018

Here are the ten most popular news articles, week ending 16th 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 16th September 2018:

1. Don’t kill the Golden Goose: Frank Majors, Nephila Capital
   Insurance and reinsurance firms should not take it for granted that capital will flow into the industry in the aftermath of another major loss, thinks Frank Majors, co-founder and principal of Nephila Capital.

2. Florence could tie up retro collateral: Luca Albertini, Leadenhall
   As Hurricane Florence bears down on the US East Coast as a category 4 storm, Luca Albertini, CEO and founding partner of Leadenhall Capital Partners warned that regardless of whether it is a market-changing loss, it could trap collateral in retro programmes.

3. Survival – it’s all about the value you bring to the chain
   At this time of year, as peak-conference season begins, the market tends to reflect on conditions and the drivers setting up dynamics for year-end and beyond.

4. Model mean projects $3bn to $3.5bn wind loss from Florence
   The leading catastrophe risk modellers have been furnishing their clients with projections for the potential impacts to the industry from hurricane Florence and according to various data sources the mean for wind insured losses appears to sit in the $3 billion to $3.5 billion range.

5. Great reload was death knell for traditional reinsurance cycle: John Seo
   Fermat Capital Management’s John Seo explains to Artemis why the “great reload” of 2018 sounded the final death knell of the traditional reinsurance cycle.

6. Florence is first major ILS market threat of year, fund impact estimates vary
   While it’s still too early to estimate insurance and reinsurance industry losses from hurricane Florence, some insurance-linked securities (ILS) funds have been providing investors with an idea of their potential portfolio exposure, based on scenario loss totals.

7. ILS in the hands of a risk originator: Brian Duperreault, AIG
   Brian Duperreault, the CEO of insurance giant AIG, discussed the state of his company, the progress he is making in his mission to turn it around and the market forces seen today, in a speech in Monte Carlo yesterday.

8. Munich Re calls for capital markets support on cyber accumulation risks
   Munich Re, the largest reinsurance company in the world, has said it would welcome capital markets support in providing capacity for cyber accumulations risks.

9. ILS an established force, but may be in unsustainable territory: Swiss Re CEO Christian Mumenthaler
   The insurance-linked securities (ILS) market has become “an established force” in the natural catastrophe underwriting markets, but Christian Mumenthaler, the CEO of reinsurance firm Swiss Re, questions whether ILS markets are operating in sustainable territory.

10. Break-even year may push ILS investors to call for better returns
    For insurance-linked securities (ILS) fund investors who faced their heaviest losses ever in 2017 (said up to $18bn this morning), another loss impacted year, even if breakeven, could be sufficient to cause them to call for better returns.

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 34 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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