Best of Artemis, week ending 15th August 2021

Here are the ten most popular news articles, week ending 15th August 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 15th August 2021:

1. As ESG transparency factors into renewals, what does that mean for ILS?
   Broking powerhouse Aon has highlighted that environmental, social and governance (ESG) transparency is increasingly a factor in commercial and business insurance renewals, which suggests this will eventually cascade to reinsurance and retrocession renewals as well.
2. AJG acquiring Willis Re treaty reinsurance operations for $3.25bn
   Arthur J. Gallagher & Co. has announced that it has agreed to pay $3.25 billion to acquire the treaty reinsurance brokerage operations of Willis Towers Watson’s Willis Re unit.
3. Credit Suisse’s Operational Re cat bond said at-risk on Archegos & Greensill
   According to Bloomberg news, the Operational Re III Ltd. operational risk catastrophe bond is viewed by investors and holders as potentially at-risk on the challenges faced by the beneficiary of the coverage, investment bank Credit Suisse, due to the Archegos and Greensill Capital issues.
4. Munich Re premiums surge, forecasts firming at January renewals
   Global reinsurance giant Munich Re has reported further growth over the second-quarter and at the July renewal season, where it found prices 2% higher and now looks ahead to the rest of the year with a forecast for additional firming at the January 2022 renewals.
5. Lemonade adds US cat reinsurance treaty, as it dials back quota share
   Lemonade, Inc., perhaps the highest profile insurtech company so far, has been the subject of a lot of discussion over its quota share reinsurance arrangements in recent quarters.
6. Twelve Capital’s ILS assets rise 33% to $2.4bn on cat bond fund growth
   Twelve Capital Management, the Zurich-headquartered insurance-linked securities (ILS) and reinsurance linked investment fund manager, has significantly increased its insurance-linked assets under management this year, thanks to very strong growth of its UCITS catastrophe bond fund strategy.
7. Beazley open to third-party capital via Lloyd’s ILS structure: CEO Cox
   During a recent podcast interview with analysts from investment bank Peel Hunt, Adrian Cox, CEO of specialist insurance and reinsurance firm Beazley explained that he is open to using the new London Bridge Risk PCC insurance-linked securities (ILS) structure, launched by Lloyd’s, as a way to access third-party capital.
8. Nephila-supported Blenheim launches Lloyd’s managing agency
   Blenheim Underwriting, the Lloyd’s focused insurance and reinsurance underwriter that counts insurance-linked securities (ILS) specialist Nephila Capital as a key backer, has now officially launched its own managing agency.
9. US wildfires no longer a secondary peril, says Chaucer
   Specialty insurance and reinsurance group Chaucer, owned by leading Chinese reinsurer China Re, has studied the incidence of wildfires in the United States and concluded that it is time wildfire was considered a primary peril by the industry.
10. Arbol’s Captive+Parametric to help corporations manage climate risk
    Arbol has launched an intriguing new solution named Captive+Parametric, which is designed to help corporations better manage climate risk and climate change exposure, with the help of parametric risk transfer to captive structures.

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 35 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.

Get listed in our MarketView directory of professionals.

View the current breakdown of the ILS market in our range of charts, allowing you to analyse cat bond issuance.

Check out the assets under management of the ILS fund market with our ILS investment manager directory.