Best of Artemis, week ending 11th November 2018

Here are the ten most popular news articles, week ending 11th November 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.

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Ten most viewed articles on Artemis.bm, week ending 11th November 2018:

1. Nephila + CATCo + State National = game-changer: Markel Co-CEO’s
   The acquisition of two of the largest specialist reinsurance, retrocession and insurance-linked securities (ILS) fund managers, as well as program and fronting specialist State National, is a game changer for Markel Corporation, according to the firms two Co-CEO’s.

2. Merck & silent cyber impacts drove Petya industry loss: PCS
   It was the impacts to pharmaceutical giant Merck as well as silent cyber exposure that drove the insurance and reinsurance industry loss from the 2017 Petya / NotPetya cyber attack, according to PCS, providing a further warning of how cyber losses can hit multiple business lines.

3. Commercial insurance & reinsurance to be revolutionised: PwC
   The speed and magnitude of change that is coming over the next five to ten years will completely revolutionise the commercial insurance and reinsurance space, according to partners at PwC.

4. California Camp wildfire destroys over a thousand structures, threatens more
   A northern California wildfire named the Camp Fire has destroyed more than one thousand homes and structures in less than 24 hours, with around 15,000 more threatened and the fire continuing to spread out of control.

5. Hurricane Florence may cost N.C. $17bn, but as little as 27% insured
   According to the state’s Governor Roy Cooper, the economic impact of hurricane Florence on North Carolina could reach as high as $17 billion, which would put the percentage covered by private insurance as low as 27%.

6. Third Point Re targets property cat underwriting again
   Bermuda headquartered, hedge fund backed reinsurance firm Third Point Re is set to return to underwriting property catastrophe reinsurance next year, but this time for its own balance-sheet and as a way to help reduce its combined ratio.

7. ILS trigger indemnity shift continues, non-indemnity still important: Willis Re
   The shift towards indemnity triggers in the insurance-linked securities (ILS) market has accelerated in 2018, but alternatives such as industry loss index triggers and parametric triggers remain important as well, with the potential to have meaningful impact, according to Willis Re’s ILS team.

8. Willis Towers Watson closes Securities M&A advisory unit
   Insurance and reinsurance broking group and advisory Willis Towers Watson (WTW) is closing down its Securities mergers & acquisitions (M&A) advisory unit, as it’s understood that this business as a distinct unit does not fit the strategic direction of the company anymore.

9. ILS vehicle listed for Tullet Prebon insurance-linked note platform
   An insurance-linked securities (ILS) vehicle has been listed on the Bermuda Stock Exchange (BSX) that will ultimately house transactions entered into on the Tullett Prebon owned Insurance Linked Notes issuance and trading platform.

10. ILS will enhance institutional client portfolios: Neuberger Berman
    The addition of insurance-linked securities (ILS) investment expertise, through the recently announced acquisition of the Cartesian Re ILS operations, is expected to “enhance” the institutional client portfolios offered by asset manager Neuberger Berman Group.

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 27 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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