Archive for September, 2019

A newly launched Coalition for Climate Resilient Investment is set to bring together significant investment and risk industry expertise, with goals including to properly price climate risk, align investment flows with resilience initiatives and to introduce resilience bonds.

Leadenhall Capital Partners LLP, the London headquartered insurance and reinsurance linked investment manager, has become the fifth specialist ILS fund manager to join the Standards Board for Alternative Investments (SBAI) as a signatory.

Following the impacts of Typhoon Faxai on Japan, Property Claim Services (PCS) told us that it has designated Faxai as the first new catastrophe loss event it will track and report on under its PCS Japan service.

Lloyd’s has developed a new parametric insurance policy for the hotel industry with a trigger that does not require a named peril to have occurred, rather paying out based on a decline in revenues being recorded.

Hudson Structured Capital Management Ltd., the insurance-linked securities (ILS), reinsurance and transportation focused investment manager that undertakes its insurance investment business as HSCM Bermuda, has raised new capital from two U.S. state retirement system pension funds in recent months.

Experienced insurance-linked securities (ILS), insurtech and reinsurance convergence focused executive and lawyer Michael Halsband has moved firm to join McDermott Will & Emery as a Partner in its New York practice.

Beverage giant The Coca Cola Company’s allocation to insurance-linked securities (ILS) investments from its pension fund shrank by just under 30% in 2018, which is likely due to losses suffered in the sector after major catastrophe events.

Bangladesh could benefit from the use of insurance and reinsurance structures including catastrophe bonds as a way to secure much needed capacity enabling it to better respond to natural disasters and climate related risks, according to the International Monetary Fund (IMF).

Members of the Insurance Development Forum (IDF) have committed to provide up to US $5 billion of risk capacity to support delivery of the InsuResilience Vision 2025 goals, while the United Nations and other sovereign actors have committed to extending climate and disaster insurance to 500 million.

Here are the ten most popular news articles, week ending 22nd September 2019, 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 or get our email alerts for every article we publish.