Here are the top ten articles as viewed by our readers week ending 11th August 2013. As always, you can read every market news story and article here on the Artemis news blog, subscribe to our weekly email newsletter updates and for your convenience here are the ten most popular news articles from the last seven days on Artemis.
Top ten most viewed articles on Artemis.bm, week ending 11th August 2013:
- Lancashire to acquire Cathedral Capital, add Lloyd’s access to platform
Lancashire Holdings, global provider of specialty insurance and reinsurance products and a third-party reinsurance capital management firm through its new Kinesis Capital Management division, is now seeking to add access to the Lloyd’s of London re/insurance market to its platform with an acquisition of Cathedral Capital.
- Munich Re: New capacity restricted to natural catastrophe for the foreseeable
The world’s largest reinsurance company Munich Re made some comments related to the impact of third-party capital backed capacity on recent reinsurance renewals. Munich Re feels the impact of third-party capital but believes this capacity is restricted for the moment.
- Cartesian and Aspen to part ways on reinsurance asset management
Cartesian Re, a New York and Bermuda based reinsurance-linked asset management firm formerly known as Cartesian Iris, is to part ways with its ILS venture partner, Aspen Insurance Holdings.
- MyLotto24 expands Hoplon coverage, investors coupon increased
The novel Hoplon Insurance Ltd. transaction, an insurance-linked securities (ILS) structure combined with collateralized reinsurance, has been expanded by sponsor MyLotto24.
- Goldman Sachs to offload majority share in pension insurer Rothesay Life
Goldman Sachs is seeking to sell a majority share in its leading UK pension risk transfer specialist life insurer, Rothesay Life. A specialist in insuring the risks associated with pension schemes, and as a result involved in transferring longevity risks, Rothesay Life will follow the same route as Goldman’s reinsurer, which it sold a majority stake in April.
- PCS identifies five considerations for indemnity cat bond investors
Property Claims Services (PCS), a division of Verisk and the leading source of data on insured property losses from catastrophes in the U.S., has published an interesting report on indemnity catastrophe bonds.
- Forecasters reduce hurricane season predictions, slightly
Two of the forecasters we follow for their updates on the Atlantic tropical storm and hurricane season have reduced their predictions for the number of storms that will intensify to hurricane or severe hurricane status. Both of the forecasters continue to predict an above average 2013 Atlantic Hurricane Season.
- AXIS Capital takes advantage of pricing to hedge reinsurance portfolio
Bermuda based global specialty insurance and reinsurance firm, AXIS Capital Holdings, has taken advantage of recent reductions in pricing of reinsurance and retrocessional protection with selected, largely non-traditional, opportunities which help it to hedge its own reinsurance portfolio.
- Third Point Reinsurance announces launch details of IPO offering
Bermuda domiciled reinsurance firm Third Point Reinsurance Ltd., backed by Third Point LLC hedge fund owner Dan Loeb, has announced the details of its initial public offering (IPO).
- Allied World Assurance “love the relationship” with Aeolus on ILS
In its recent second-quarter earnings call the CEO of insurance, reinsurance and financial services group Allied World Assurance Company Holdings, AG, Scott Carmilani, said that the firm “love the relationship” it has built with reinsurance-linked asset manager Aeolus Capital Management Ltd.
This is by no means every article published on Artemis during the last week, just the most popular among our readers. To ensure you always stay up to date with Artemis subscribe to our weekly email newsletter update.
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