Best of Artemis, week ending 28th October 2018

Here are the ten most popular news articles, week ending 28th October 2018, 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.

Early Bird tickets are still on sale for our next New York conference!

Ten most viewed articles on Artemis.bm, week ending 28th October 2018:

1. Nephila investment roughly tripled in value for KKR
   Private equity, buyout and investments giant KKR & Co. L.P. (or Kohlberg Kravis Roberts) said today that its 2013 investment in the largest insurance-linked securities (ILS) and reinsurance linked investment manager Nephila Capital has generated a significant profit for the firm.

2. Consolidation & controlling the value chain seen as key in Baden-Baden
   As the reinsurance industry meets in Baden-Baden this week two factors are seen as key developments, the wave of consolidation and the urge to be bigger to enhance relevance, as well as having control of the value chain, from customer to capital.

3. Securis to exit from direct Lloyd’s business as returns fall below targets
   Securis Investment Partners, the London-headquartered insurance and reinsurance linked investment manager, is exiting from the Lloyd’s marketplace as its platforms no longer deliver the returns required by its investor mandates.

4. RKH hires Saxton from Steadfast, adds more ILS/treaty broking expertise
   RKH Reinsurance Brokers (RKH RB), part of the global Hyperion Insurance Group, has hired Dave Saxton from Steadfast Re to its London operations, we have learned, a move which brings additional treaty, ILS and collateralised market broking expertise to the firm.

5. OppenheimerFunds acquired by Invesco, creates $1.2 trillion asset manager
   OppenheimerFunds, Inc, the investment manager that operates a catastrophe bond strategy and is in the process of launching an insurance-linked securities (ILS) interval mutual fund, is being acquired by investment giant Invesco, with the combined entity set to be a $1.2 trillion powerhouse in asset management.

6. Leadenhall raises over $600m for life ILS strategies
   Leadenhall Capital Partners LLP, the London headquartered specialist insurance-linked securities (ILS) and reinsurance linked investment manager, has significantly increased the size of its life insurance-linked securities (ILS) strategies this year, raising more than $600 million for them in the second-half of 2018.

7. COIN Re launches to lower the cost of reinsurance, partners with Beach
   COIN Reinsurance has been launched as a new Florida based property reinsurance broker, with a goal to disrupt the standard market practice way of doing business and reduce the costs of reinsurance as a result.

8. Diversification drives ILS investor allocations more than returns
   Investor allocations to the insurance-linked securities (ILS) and reinsurance linked investments space are driven more by the diversification and relative lack of correlation than by the absolute returns achievable, according to a survey.

9. Famine Action Mechanism launched to link early warnings with financing
   A new partnership aims to put the powers of technology, big data and financing together to help prevent future famines, by bringing together science and technology to create forecast based financing models that can distribute capital when it is needed, in advance of famine breaking out.

10. Chubb cedes 34% of Q3 catastrophe losses to reinsurance
    U.S. domiciled global insurance and reinsurance group Chubb demonstrated the effectiveness of its reinsurance program in the third-quarter, as its results reveal the firm ceded roughly 34% of its catastrophe losses to reinsurance capital.

This is not every article published on Artemis during the last week, just the most popular, some of which were published over a week ago. There were 35 new articles published in the last week. To ensure you always stay up to date with Artemis and never miss a story subscribe to our weekly email newsletter which is delivered every Wednesday.

Get listed in our MarketView directory of professionals.

View the current breakdown of the ILS market in our range of charts, allowing you to analyse cat bond issuance.

Check out the growing assets under management of the ILS fund market with our investment manager directory.