Best of Artemis, week ending 18th August 2013

Here are the top ten articles as viewed by our readers week ending 18th August 2013. As always, you can read every market news story and article here on the Artemis news blog, subscribe to our weekly email newsletter updates and for your convenience here are the ten most popular news articles from the last seven days on Artemis.

Top ten most viewed articles on Artemis.bm, week ending 18th August 2013:

1. Mix of rated and third-party reinsurance capital is optimal structure: RenRe
   RenaissanceRe, the Bermudian reinsurance firm, has a long history of bringing third-party capital from institutional investors and joint-venture partners into its underwriting business. The reinsurer believes that its ability to play between a rated balance sheet and third-party capital is the optimal structure for most scenarios.
2. Kane launches private cat bond platform, issues first series of notes
   Kane, the global independent insurance manager, has launched a private catastrophe bond issuance platform and a first series of notes has been issued.
3. Leadenhall Capital Partners expands with non-life underwriter hire
   Leadenhall Capital Partners LLP, the London-based non-life and life insurance-linked securities and collateralized reinsurance asset manager, has expanded its reinsurance-linked investments team with the hire of an experienced property reinsurance underwriter.
4. AIR Multiple Peril Crop Insurance (MPCI) model gains traction in ILS
   The insurance-linked security (ILS) and reinsurance-linked investment market increasingly shows an interest in adopting the use of crop insurance risk models, as the sector looks to find new avenues to deploy capital into for premium income return.
5. PCS: Will expand industry loss reporting coverage if market requires it
   Property Claim Services (PCS), a division of Verisk and the leading source of data on insured property losses from catastrophes in the U.S. and Canada, has a desire to expand its industry loss data reporting services.
6. Credit Suisse offloads cat bonds, takes advantage of better priced ILW’s
   Investment manager Credit Suisse has continued to offload positions in certain catastrophe bonds on the secondary market to take advantage of mark-to-market price gains during the month of June.
7. Third Point Reinsurance IPO raises $276m at low end of pricing
   Bermuda headquartered reinsurance firm Third Point Reinsurance Ltd. has priced its initial public offering of shares and raised slightly less than expected at approximately $276m.
8. Swiss Re: Capital market and ILS pricing has stabilised
   The influx of third-party capital into the global reinsurance market via instruments like catastrophe bonds, insurance-linked securities, funds and other vehicles is affecting reinsurance pricing, but ILS pricing is now stabilising, according to comments made by senior Swiss Re executives.
9. First private cat bond on Kane platform features U.S. wind risk from TWIA
   Yesterday we wrote about the launch of a new private catastrophe bond issuance platform by global independent insurance manager Kane and the issuance of the first series of private cat bond notes on it. The first series of just over $9.5m of notes feature underlying risk ceded from the Texas Windstorm Insurance Association (TWIA).
10. ATLANTICLUX in novel Salam III Sukuk life insurance-linked securitization
    ATLANTICLUX, the Luxembourg based life insurer which is an affiliate of the Munich based FWU Group, has brought to market another novel securitization of in-force life insurance policies and this time it’s wrapping the life insurance-linked securities within an Islamic bond, or Sukuk, called Salam III Limited.

This is by no means every article published on Artemis during the last week, just the most popular among our readers. To ensure you always stay up to date with Artemis subscribe to our weekly email newsletter update.

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