Archive for March, 2015

As the world met in Sendai, Japan last week to discuss increasing global economic resilience against natural disasters, a new set of Economic Exposure Datasets (EEDs) was released by RMS, providing a more detailed view of potential global risks.

Elementum Advisors, an independent insurance-linked securities (ILS) and reinsurance-linked investment manager, has announced the hire of Adam Maloney to the firm’s marketing and investor relations function.

Once again the market is showing its position on price, as Florida takeout insurer Safepoint Insurance Company’s first catastrophe bond Manatee Re Ltd. (Series 2015-1) prices at the top end of guidance at an increased size of $100m.

The Florida Hurricane Catastrophe Fund (FHCF), the state’s backstop reinsurance fund for private insurers, is once again seeking approval from the Cabinet to tap the private reinsurance markets for up to $2.2 billion of protection.

Global investment-management firm AQR Capital Management told Artemis today that it has decided to exit the reinsurance business and wind-down its AQR Re unit.

Entropics Asset Management AB, the first Swedish insurance-linked securities (ILS) and catastrophe bond fund manager, has signed a distribution agreement for its catastrophe bond fund’s retail share class with Avanza Bank.

Lately the press is awash with stories about cyber risk, cyber insurance and the threat posed to companies by hackers, malware and exploits. The need for cyber insurance and reinsurance protection is clear, but with some suggesting $1 billion policies are required would the capacity be available?

Global insurance and reinsurance broker Willis Group has hired Marc Paasch as its new Global Head of ART Solutions, strengthening the broker’s position in the market for alternative risk transfer (ART) and tailored risk solutions.

For the first two months of 2015 insurance and reinsurance company registrations in Bermuda have been dominated by insurance-linked securities (ILS) focused vehicles and hedge fund reinsurance operations.

Here are the ten most popular news articles, week ending 22nd March 2015, 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.