Best of Artemis, week ending 16th March 2014

Here are the ten most popular news articles, week ending 16th March 2014, on catastrophe bonds, reinsurance capital and related risk transfer topics, from the last seven days on Artemis. To ensure you never miss a thing  subscribe to the weekly Artemis email newsletter updates.

Top ten most viewed articles on Artemis.bm, week ending 16th March 2014:

1. Florida bill could see $3Bn of risk move to private reinsurance market
   The Florida legislative season is upon us and moves to enable greater private reinsurance market participation and shrink Florida’s reliance on state backed catastrophe insurance and reinsurance facilities continue to make progress.
2. Riverfront Re catastrophe bond marketed for Great American Insurance
   A new catastrophe bond transaction named Riverfront Re Ltd. (Series 2014-1) has been launched to the ILS investment market on behalf of first time cat bond sponsor, U.S. property and casualty insurer Great American Insurance Group.
3. April’s reinsurance renewals to show alternative capitals influence
   The April 1st reinsurance renewals are approaching rapidly and this year it is expected that the key Asia-Pacific region renewals will provide a demonstration of the expanding reach and influence of alternative reinsurance capital and insurance linked securities.
4. ILS investment manager Securis to expand global reach
   London-based insurance-linked securities and reinsurance-linked investments manager Securis Investment Partners will open offices in Bermuda and Australia this year as it positions itself for a new phase of growth.
5. Watford Re, not your typical third-party reinsurance capital play
   Recently announced plans of Bermuda-based insurance and reinsurance group Arch Capital and investment management firm Highbridge Capital to launch a third-party capital backed venture named Watford Re are an interesting take on the trend.
6. AXA IM grows ILS team, reaches $500m ILS AuM, to launch third fund
   The insurance-linked securities investments team at global asset manager AXA Investment Managers is adding two new hires, has grown its ILS assets under management to circa $500m and is set to launch a third insurance linked investment fund.
7. S&P answers investor questions on alternative reinsurance capital
   It’s always informative to read what the leading rating agencies have to say about the continuing convergence of reinsurance and the capital markets. Standard & Poor’s provides some of its thoughts on alternative reinsurance capital in a recent publication
8. P&C CFO’s attribute reinsurance softening to alternative capital & ILS
   A Towers Watson survey of property & casualty (P&C) insurance chief financial officers (CFO’s) shows they attribute the softening property reinsurance market to the growth of insurance-linked securities and other alternative forms of reinsurance capital.
9. Fierce competition a hallmark of reinsurance market: Hannover Re
   Hannover Re, one of the world’s leading reinsurance firms, reports its results this morning in which Chairman Ulrich Wallin acknowledges the increasingly fierce competition which was a hallmark of the non-life reinsurance market in 2013.
10. East Lane Re VI cat bond upsizes to $270m for Chubb, prices at low-end
    The East Lane Re VI Ltd. (Series 2014-1) catastrophe bond, sponsored by U.S. primary insurance group Chubb, has now completed at the increased size of $270m with pricing at the low-end of the previously reduced range.

This is by no means every article published on Artemis during the last week, just the most popular, some of which were published over a week ago. There were 21 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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