Best of Artemis, week ending 14th February 2021

Here are the ten most popular news articles, week ending 14th February 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 14th February 2021:

1. Hudson Structured refinances with Eldridge backing for future growth
   Hudson Structured Capital Management Ltd., the insurance-linked securities (ILS), reinsurance, insurtech and transportation- focused investment manager, has refinanced its initial start-up obligations with diversified investor Eldridge, as it secures backing for future growth.
2. Rated carrier can be smoother for ILS investors: Stahel, ILS NYC 2021
   The utilisation of a rated balance-sheet by an ILS fund manager can help “to smooth out” some elements for insurance-linked securities (ILS) investors, says Michael Stahel, Partner at LGT ILS Partners.
3. Credit Suisse launches UCITS cat bond fund, with Gawron & Brogli hires
   Credit Suisse’s Insurance Linked Strategies team has its first UCITS catastrophe bond fund offering, after hiring the team that ran the Lombard Odier cat bond strategy and merging its fund into a new Credit Suisse fund product.
4. Low correlation of ILS more important than ever: Millette, ILS NYC 2021
   The insurance and reinsurance industry’s relative lack of correlation with broader financial markets is now more important than ever before, Michael Millette explained at our ILS NYC 2021 event.
5. Non-CAT ILS is “well and truly out of the bottle” – MultiStrat
   As pressure on reinsurance rates intensifies, alternative capital seeks yield, and appetite broadens beyond the catastrophe space, the adoption of casualty insurance-linked securities (ILS) is poised to accelerate, according to MultiStrat, the specialist underwriter, and reinsurance investment facilitator.
6. Tremor to “supercharge” reinsurance placement with Panorama launch
   Tremor Technologies, the insurtech offering a technology-based programmatic insurance and reinsurance risk transfer marketplace, has launched a next-generation update to its trading platform software, as it looks to “supercharge” reinsurance placement with the Panorama release.
7. Swiss Re targets ILS business line expansion: Klugman & Johnson, ILS NYC 2021
   Global reinsurance firm Swiss Re is working towards transferring a much broader range of risks to the capital markets in future, as it looks to expand its insurance-linked securities (ILS) activities beyond pure natural catastrophe risks to a more capital management approach, according to Judy Klugman and Ed Johnson, speaking at our ILS NYC 2021 event.
8. Everest Re raises capital for Mt. Logan Re sidecar, takes AuM to $900m
   Everest Re, the global insurance and reinsurance underwriter, has raised new capital for its Mt. Logan Re Ltd. collateralized reinsurance sidecar-like vehicle towards the end of 2020, as the structure reached $900 million of assets under management at January 1st.
9. ESG opportunity can be meaningful for ILS: Nephila’s Schauble, ILS NYC 2021
   Today, there’s a significant amount of capital looking to be deployed in an environmental, social, and governance (ESG) friendly way, which represents a material opportunity for the insurance-linked securities (ILS) asset class, says Barney Schauble, Head of Labs at Nephila Advisors.
10. Swiss Re’s alternative capital assets under management reach $2.8bn
    Global reinsurance firm Swiss Re has increased the alternative reinsurance capital assets under management in a range of insurance-linked securities (ILS) structures to $2.8 billion, with the recently launched 1863 Fund one area of the business to benefit.

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 37 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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