Archive for March, 2017

Last year was a testing one for the market in longevity swaps, as both pensions and reinsurance markets reacted to changes in mortality expectations driven by new data, creating market uncertainty, Aon Hewitt said.

Artemis is returning to Singapore on the 13th July 2017 for our second Asian conference, ILS Asia 2017. We’re delighted to invite you our readers, your colleagues and your contacts to the second installment of our annual ILS event for the Asia region.

Australian insurer Suncorp expects that any losses it faces from claims due to the approaching cyclone Debbie, which is anticipated to strike Australia as a Category 4 storm, will cause it to call on its AUS$300 million (US$230mn) aggregate reinsurance layer.

Floridian primary insurance group American Integrity Insurance Company of Florida, Inc. is set to benefit from its first catastrophe bond, as a $178 million Integrity Re Ltd. (Series 2017-1) transaction is launched with Hannover Re acting as ceding reinsurance firm.

Here are the ten most popular news articles, week ending 26th March 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.

Index-based, or parametric structured insurance solutions, while beneficial and expanding across the world, require greater supervision, according to Lead Insurance Specialist at the World Bank, Craig Thorburn.

An optional termination notice was issued by the Everglades Re II Ltd. (Series 2015-1) catastrophe bond vehicle to its investors this week, confirming that Florida’s Citizens Property Insurance Corporation is redeeming the bond early.

Among traditional reinsurance players there still seems to be a tendency to believe that reinsurance pricing will bounce back just as soon as losses normalise, a view held by some of the largest reinsurers. Is this Ostrich syndrome, or wishful thinking?

The Stock Exchange of Thailand (SET) is assessing launching weather futures and perhaps other weather derivatives in order to provide weather risk management tools in an exchange traded environment for farmers.

Primary insurance and reinsurance group Chubb Ltd. dramatically increased its cessions of reinsurance premiums to total-return vehicle ABR Reinsurance Ltd. by 144% in 2016, ceding $288 million during the full-year.