Best of Artemis, week ending 30th July 2017

Here are the ten most popular news articles, week ending 30th July 2017, 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.

Ten most viewed articles on Artemis.bm, week ending 30th July 2017:

1. Symbiotic relationship between ILS & reinsurance key for Asia
   In order for insurance-linked securities (ILS) and capital market investors to increase their prominence in Asia education remains a key issue, as too does the ability for the symbiotic relationship between traditional and alternative to be fostered in order to help regional cedents understand the relevance of ILS to their risk transfer needs.

2. Multi-billion dollar electric grid risks need risk transfer: Swiss Re
   Risks to the electric grid due to severe weather, natural catastrophes and climate change can cause losses in the billions of dollars, and while threats make our energy future more uncertain there is a role for risk transfer and potentially the capital markets in helping to stave off economic disruption.

3. Collateralized reinsurance drives alternative capital growth in Q1: Aon
   With alternative capital deployed across insurance and reinsurance markets having grown by 6% to $86 billion from the end of 2016 to the end of Q1 2017, it is clear that around the key reinsurance renewal period of January 1st it was collateralized reinsurance that was king.

4. Mt. Logan Re hits $949m, capital markets help propel Everest Re growth
   The capital markets and fully-collateralized reinsurance capacity have helped reinsurer Everest Re achieve continued growth, by adding to its available capacity to help it underwrite more premiums across the group and at the same time increasing the firms net margins.

5. Swiss Re pioneers parametric typhoon business interruption cover
   Swiss Re Corporate Solutions, the large primary commercial insurance arm of the global reinsurance player, has launched an innovative new parametric insurance product designed to protect Hong Kong businesses against business interruption caused by typhoon warning related shutdown.

6. Markel acquiring program & fronting specialist State National for $919m
   Markel Corporation is set to acquire fronting and program service insurance specialist State National Companies, after the pair just announced an agreement that will see Markel acquiring all of the outstanding shares of State National for a total transaction value of approximately $919 million.

7. Fermat leads €10m private debt deal for Gefion Insurance A/S
   Insurance-linked securities (ILS), catastrophe bond and reinsurance linked investment specialist Fermat Capital Management, LLC has completed a €10 million private subordinated debt placement for Danish non-life insurer Gefion Insurance A/S.

8. Speedwell seeks to automate weather risk transfer pricing
   Automating the pricing process for parametric weather risk transfer or weather hedging contracts is an ambitious goal, but Speedwell Weather feels it has achieved that with the latest release of its now 15-year-old weather derivative pricing and risk management software, which it has connected to its weatherXchange platform.

9. South Korean police pension allocates $30m to LGT ILS fund
   According to reports, the Police Mutual Aid Association, a $2 billion pension fund for South Korean police force members, is allocating $30 million to funds managed by LGT ILS Partners Ltd., its first investment in the insurance-linked securities (ILS) asset class.

10. Bumper cat bond issuance meant reinsurance demand flat: RenRe CEO
    An unprecedented volume of catastrophe bond issuance in the first-half of 2017 resulted in flat demand for traditional reinsurance capital at the mid-year renewals, ultimately fuelling additional reinsurance market pressure, according to President and Chief Executive Officer (CEO) of RenaissanceRe (RenRe), Kevin O’Donnell.

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 26 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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