Best of Artemis, week ending 13th June 2021

Here are the ten most popular news articles, week ending 13th June 2021, 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.

Ten most read articles on Artemis.bm, week ending 13th June 2021:

1. More & better “catastrophe-triggered” instruments needed: UN Sec-Gen Guterres
   United Nations (UN) Secretary General António Guterres has again said that the world needs more catastrophe-triggered financing and better instruments to support the delivery of climate financing, to enhance disaster resilience, fund adaptation measures and finance climate risk.
2. Swiss Re forecasts rate hardening in re/insurance through 2022
   Global reinsurance giant Swiss Re has forecasted continued rate hardening for the insurance and reinsurance market right the way through 2022, with re/insurers reduced risk appetites due to numerous factors the main driver of rising prices.
3. ILS Asia 2021 – First keynotes and speakers revealed
   The speaker roster is now coming together for our annual insurance-linked securities (ILS) conference for and about the Asia region, so reserve your place at our ILS Asia 2021 event today.
4. EC may approve Aon – Willis Towers Watson merger before July: Report
   According to a report from Reuters, the European Commission (EC) may approve Aon’s $30 billion acquisition of and merger with Willis Towers Watson (WTW) before the end of this month, which would be in advance of the EC’s own deadline.
5. Tremor clients seek over $700m of reinsurance capacity in May alone
   Tremor Technologies, the insurtech with a technology-based programmatic insurance and reinsurance risk transfer marketplace, has experienced strong demand in the run-up to the renewals, with more than $700 million of reinsurance capacity sought from its platform by clients in May 2021 alone.
6. Blackstone captive seeks $50m parametric quake cat bond Wrigley Re
   Gryphon Mutual Insurance Company, a real estate captive insurer which we understand to be owned by investment giant Blackstone, is entering the catastrophe bond market with the help of global reinsurance firm Hannover Re, with the company seeking $50 million of parametric California earthquake protection from a Wrigley Re Ltd. (Series 2021-1) transaction.
7. Generali targets EUR200m Lion III Re “green cat bond”
   Italian and global insurance giant Assicurazioni Generali S.p.A. is back in the catastrophe bond market with its fourth issuance, a EUR 200 million Lion III Re DAC cat bond through which it is seeking collateralized catastrophe reinsurance while adding “green” features to a cat bond issue.
8. Cat bond & related ILS to break Q2 and first-half issuance records
   After a flurry of catastrophe bonds launched in recent days, it is now clear that issuance of new catastrophe bonds and other related insurance-linked securities (ILS) tracked here at Artemis will break the record for the second-quarter and also the first-half of 2021.
9. Frontline & First Protective seek $100m+ Astro Re named storm cat bond
   U.S. primary insurance group Frontline Insurance is back for its second catastrophe bond issuance, with the carrier seeking a $100 million or greater source of named storm reinsurance protection for itself and subsidiary First Protective from this Astro Re Pte. Ltd. (Series 2021-1) deal.
10. Artemis Live interview: Inflationary pressures & catastrophe claims. What to expect
    For our latest Artemis Live video interview we wanted to explore inflationary trends and their potential to impact on the catastrophe claims process, as well as throw up some unexpected results when losses happen. So we were joined by Mike Fulton, President of Xactware and Tom Johansmeyer, Head of PCS, to discuss inflationary pressures.

This is not every article published on Artemis during the last week, just the most popular among our readers over the last seven days. There were 38 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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