Best of Artemis, week ending 10th November 2019

Here are the ten most popular news articles, week ending 10th November 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 updatesor get our email alerts for every article we publish.

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Ten most read articles on Artemis.bm, week ending 10th November 2019:

1. Global reinsurance market survey results show ILS usage to rise
   Artemis and Reinsurance News have partnered again to conduct our second global reinsurance market survey. The 2019 edition reveals an expectation for more pronounced and more broad price momentum at the key January 1st renewals, while use of insurance-linked securities (ILS) is once again expected to rise.
2. Catastrophe trend frightening, ILS a long-term stable market: Duperreault, AIG
   In a wide-ranging discussion at the S&P Global Ratings 2019 Bermuda Reinsurance Conference yesterday American International Group (AIG) CEO Brian Duperreault explained that recent catastrophe trends are frightening.
3. ILS NYC 2020: Announcing our theme “Building Back Stronger”
   We’re delighted to announce the theme for our next insurance-linked securities (ILS) conference in New York, Artemis ILS NYC 2020, which is “Building Back Stronger.” Please register soon to secure your ticket at the best possible price.
4. Cat bond trading activity to increase as new issuance pipeline grows
   The catastrophe bond new issuance pipeline is growing, according to sources, leading to expectations that the secondary market could face a particularly busy few months, as ILS funds and investors look to accommodate new cat bond deals and rebalance their portfolios.
5. SJNK to launch parametric Japan flood insurance with sensors
   Japanese primary insurance giant Sompo Japan Nipponkoa Insurance (SJNK) sees a significant business opportunity in delivering responsive flood insurance in Japan, using sensors to measure flood events and for parametric triggers to enable rapid payouts.
6. Berkshire Hathaway’s typhoon Faxai & Hagibis losses to surpass Jebi
   Warren Buffett’s reinsurance group Berkshire Hathaway appears to have expanded its book and as a result its exposure in Japan this year, as its losses from 2019’s typhoons look set to eclipse those suffered in 2018 from typhoon Jebi.
7. Hiscox has cyber ILS fund ambitions
   Hiscox is targeting the launch of a new ILS fund focused on cyber risks, as it looks to put its expertise in underwriting cyber insurance and reinsurance together with its Hiscox Re Insurance Linked Strategies ILS management expertise to create what would be a new and unique insurance-linked investment opportunity.
8. CEA targets $400m of reinsurance with first Ursa Re cat bond of 2019
   The California Earthquake Authority, the not-for-profit residential earthquake insurance provider in the state, has returned to the capital markets to sponsor its first catastrophe bond of 2019, targeting around $400 million of quake reinsurance protection with an Ursa Re Ltd. (Series 2019-1) deal.
9. AmWINS hires Kaplan to lead on parametrics, alternative risks & capital
   AmWins Group Inc., the global distributor and servicer of specialty insurance solutions, has hired Alex Kaplan (previously at Swiss Re) to lead developments of new products and capital sources, including a focus on parametric risk transfer solutions.
10. Swiss Re rumoured in two-way talks with China Pacific Insurance
    Global reinsurance giant Swiss Re has been reported to have considered as much as a $2 billion investment from China Pacific Insurance, while also having considered buying into the Chinese insurance giant’s securities.

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 33 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.

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