Paul Schultz, Chief Executive Officer (CEO) of Aon Securities, expects to see different types of sponsors increasingly enter the insurance-linked securities (ILS) marketplace in Asia and also around the globe.

In an extensive and insightful keynote at the virtually held Artemis ILS Asia 2020 conference (now available on-demand), Head of PCS, Tom Johansmeyer discussed a number of Covid-19 loss scenarios, including the potential combined impacts of the virus and strike riot, civil commotion (SRCC) in the U.S.

The trend of insured against uninsured losses across the Asia Pacific region is not sustainable, and the insurance-linked securities (ILS) market will need to play an integral role in addressing the issue, according to Paul Schultz, Chief Executive Officer (CEO) of Aon Securities.

There’s still a very real need for greater education and awareness, but risk managers across Asia are becoming increasingly comfortable with the idea of parametric structures, according to industry experts.

The securities division of reinsurance broker Willis Re, Willis Towers Watson Securities (WTW Securities), which acted as the lead structuring agent and bookrunner for the recently completed €45 million Atmos Re DAC catastrophe bond transaction, has said that the deal provides its sponsor with innovative earnings protection. As shown by the Artemis Deal Directory, Atmos […]

Albert Benchimol, the President and Chief Executive Officer (CEO) of Bermudian insurer and reinsurer AXIS Capital Holdings Limited, has said that the firm should be proud of the fact it was able to increase its use of third-party reinsurance capital support at the January 1st, 2019 renewals.

The estimated total insurable loss for the recent cyber hack attack and resulting data breach of one of the Marriott hotel chain’s reservation systems will be between $200 million to as much as $600 million, according to AIR.

We’re delighted to announce further additions to the agenda for our next conference, as the World Bank and the International Federation of the Red Cross join the speaking roster of our February 1st 2019 insurance-linked securities (ILS) conference in New York, Artemis ILS NYC 2019.

Catastrophe risk modelling specialist Corelogic has increased its estimate for the wind and storm surge related insurance industry loss from hurricane Michael, adding half a billion to each end of its estimate range, making it $3 billion to $5 billion.

The enhancement of the PCS Global Cyber Index to include cyber catastrophe is in response to client demand, and is another positive step in helping the international risk transfer industry both understand and address the growing cyber threat.