Best of Artemis, week ending 24th January 2021

Here are the ten most popular news articles, week ending 24th January 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 24th January 2021:

1. Vantage launches collateralized insurer AdVantage Retro I Ltd. in Bermuda
   Vantage Risk, the insurance and reinsurance start-up launched by industry veterans Greg Hendrick and Dinos Iordanou, has established its first insurance-linked securities (ILS) vehicle in Bermuda, a collateralized insurer class company named AdVantage Retro I Ltd.
2. Aon sets up Marilla Re collateralized insurer in Bermuda
   Insurance and reinsurance broker Aon has established Marilla Reinsurance Ltd. (Marilla Re), a new collateralized insurer class of company in Bermuda, which we understand is likely to support the new catastrophe reinsurance facility of the same name.
3. PartnerRe gets Olympus investment for retro & specialty vehicle Laplace-C
   Bermuda headquartered reinsurance company PartnerRe has set up a new retrocession and specialty reinsurance focused investment vehicle named Laplace-C and secured backing from private equity player Olympus Partners.
4. Integral ILS gets investment from New Holland Capital
   Integral ILS Ltd., the start-up insurance-linked securities (ILS) fund manager launched by industry execs Richard Lowther and Lixin Zeng, has announced a second cornerstone investor for its new catastrophe reinsurance focused strategy, with long-time ILS investor New Holland Capital making a commitment to the firm.
5. Pillar Capital’s ILS assets grow 39% in 2020, reaching $2.4bn
   Pillar Capital Management Limited, a Bermuda headquartered specialist collateralized reinsurance and insurance-linked securities (ILS) investment manager, has continued to have fund raising success through 2020, lifting its ILS assets managed by 39% to reach $2.4 billion as of the start of 2021.
6. Retro market more balanced than first feared at Jan 1: Vickers, Willis Re
   A combination of forces coalesced in the second-half of 2020 which served to reduce demand for retrocession capacity at 1/1, resulting in a less constrained marketplace than initially expected, according to James Vickers, Chair of Willis Re International.
7. Arbol raises $7m Series A for parametric weather risk platform
   Arbol, Inc., the marketplace technology provider that supports parametric risk transfer or weather insurance and utilises smart contracts, has raised a $7 million Series A funding round to help grow its business.
8. Climate change may increase hurricane damage & losses: AIR-led report
   Climate change and the future state of our climate may mean increased damage and ultimately insurance and reinsurance market losses from hurricanes, as more frequent storms and sea-level rise ramp up storm surge impacts in particular.
9. SiriusPoint planning a “sidecar-like” retrocession program
   SiriusPoint, the new international insurance and reinsurance firm that will be launched out of the coming together of Third Point Re and Sirius Group, is planning for its retrocession program to be “sidecar-like”, the company said.
10. Commodity risk insurtech Stable launches collateralized insurer in Bermuda
    Stable, a technology company that provides an index-based platform for commodity hedging, has launched in Bermuda and established a collateralized insurer class of company to support its insurance work and presumably reinsurance needs.

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 33 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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