Archive for May, 2019

The insurance-linked securities (ILS) sector can play a greater and more meaningful role in Asia, but to drive success, the market needs to develop solutions for Asia that are less U.S. shaped, according to Chris Kershaw, Managing Director of Global Markets, at reinsurer Peak Re.

Catastrophe risk modelling specialist RMS has announced the launch of a new strategic risk modelling and risk management platform named Risk Intelligence, as it also announced that it would be sunsetting its beleaguered RMS(One) product.

It appears that Florida and southern U.S. primary insurer Safepoint is going to expand its use of efficient and collateralized reinsurance capital, with Pompano Re Ltd., a new special purpose insurer (SPI), having been registered by the firm.

Tremor Technologies, Inc., the programmatic reinsurance risk placement marketplace provider, has announced the hiring of a team consisting of some of the world’s leading market design experts.

Hawaii based climate and weather modeling, forecasting and risk management firm AbsoluteClimo has forecast an above average number of Atlantic hurricanes and west-Pacific typhoons will form during the 2019 seasons.

TigerRisk Partners, LLC, the reinsurance brokerage, risk and capital advisory, has announced that Rob Bredahl has joined the company as President, Chief Operating Officer and a member of its board.

Markel Corporation has hired Nick Lazarus from Hiscox who will take on a role leading U.S. property reinsurance underwriting in London for the re/insurer.

The Bermuda Monetary Authority (BMA) has authorised the first licence for its insurance regulatory sandbox, giving it to Akinova, the start-up aiming to launch a marketplace for the transfer and trading of insurance or reinsurance risks.

Artemis is 20 years old this week. On the 12th of May 1999 Artemis was launched to an audience of reinsurance and capital market investment executives in Bermuda.

As the longevity risk transfer market continues down its impressive growth path, Amy Kessler, Head of the Longevity Risk Transfer at Prudential Financial, Inc. of the U.S., believes there is room for capital markets solutions to play a role.