Best of Artemis, week ending 8th December 2013

You can read every market news story and article, week ending 8th December 2013, here on the Artemis news blog. Subscribe to the weekly email newsletter updates and for your convenience here are the ten most popular news articles from the last seven days on Artemis.

Top ten most viewed articles on Artemis.bm, week ending 8th December 2013:

1. European windstorm Xaver brings another reminder of winters threat
   The threat posed to insurers and reinsurers by the peril of European windstorms wass once again front of mind as European windstorm Xaver impacted the continent last week. PERILS AG will be assessing the storms impact to determine whether it has created an insurance industry loss large enough to be reported on. The latest, post-impact, updates from risk modelling firms can be found here.
2. Capsicum Re reinsurance broker coming from AJ Gallagher & Chilton
   Interesting news that reinsurance broking industry veteran Grahame “Chily” Chilton is teaming up with Arthur J. Gallagher (AJG) to launch a new reinsurance broker brand, Capsicum Re.
3. Aegon in €1.4Bn longevity risk transfer to capital markets and reinsurers
   Insurer Aegon announced the completion of its second longevity risk transfer transaction to capital markets investors and reinsurers. The deal sees Aegon transfer €1.4 billion of longevity risk to third-party investors and reinsurers including SCOR.
4. Willis & Endurance team-up on ‘cat-in-a-circle’ Australian weather transaction
   Broker Willis Group Holdings, global risk advisor, insurance and reinsurance broker, and Endurance Global Weather, a division of reinsurer Endurance Specialty Holdings, have completed an extremely innovative weather transaction for an Australian client.
5. Aggregates; what you don’t know can hurt you
   Dmitry Mnushkin president of Treefrog Consulting Ltd, a Bermuda-based risk software firm which specialises in solutions for the reinsurance and ILS industry, writes about the importance of risk portfolio aggregation and how software can help you to make sense of it.
6. Experts forecast a bigger role for ILS in terrorism insurance
   Experts in insurance-linked securities (ILS), catastrophe bonds and traditional reinsurance are increasingly vocal about the ability of these private markets to take on a larger slice of global terrorism risk, reducing the need for governments to finance so much of this risk.
7. Pricing drops again on AIG’s Tradewynd Re 2013-2 cat bond
   Last week, we wrote that AIG’s latest catastrophe bond transaction, Tradewynd Re Ltd. (Series 2013-2), had more than doubled to $400m, while at the same time pricing appeared to have settled at the upper end of the tightened range. Subsequently, price guidance dropped again, demonstrating demand for the notes.
8. Nordic pension funds embrace ILS, but complexity also a deterrent
   Making investments in insurance-linked securities (ILS), catastrophe bonds and other reinsurance-linked investments requires a certain level of sophistication, a fact that a number of Nordic pension funds have embraced but some still find a deterrent.
9. Aspen launches Silverton Re, collateralized quota share sidecar
   Aspen Capital Markets, the third-party capital and insurance-linked securities (ILS) focused division of Aspen Re, has launched its first vehicle, Silverton Re, through which it will give investors access to the returns of its catastrophe reinsurance business.
10. Pine River sees fixed income opportunities in ILS and reinsurance
    Increasing volumes of capital will likely come into the insurance-linked securities (ILS) and reinsurance marketplace from large institutional asset managers and fixed income hedge funds. Pine River Capital Management is one such fund, which shows a growing interest in reinsurance.

This is by no means every article published on Artemis during the last week, just the most popular among our readers. To ensure you always stay up to date with Artemis subscribe to our weekly email newsletter update.

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