Best of Artemis, week ending 25th August 2013

Here are the top ten articles as viewed by our readers week ending 25th 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 25th August 2013:

1. Nakama Re Ltd. cat bond comes to market for Zenkyoren
   Zenkyoren, the Japanese National Mutual Insurance Federation of Agricultural Cooperatives, is once again returning to the catastrophe bond market to expand its reinsurance protection for Japanese earthquake risks, with a new cat bond called Nakama Re Ltd. (Series 2013-1).
2. Catastrophe bonds outperform corporate debt again in 2013
   Once again an investment made in catastrophe bonds would be outperforming one made in corporate debt. Almost a year ago to the day, Bloomberg covered the cat bond market and focused on the impressive returns that the asset class was making when compared to corporate debt. A year later the cat bond market continues to outperform.
3. Cazenove buy sees Schroders up interest in reinsurance-linked investments
   Recently, independent asset management group Schroders plc acquired another asset management firm Cazenove Capital Holdings Limited. The acquisition completed in July and with it Schroders expanded its interest in reinsurance-linked investments.
4. Amlin appreciates increasing synergies with Leadenhall Capital
   Amlin plc, the non-life insurance and reinsurance group, has felt the more intense competition in the traditional reinsurance market, created by increased penetration of capital markets players, but the same trend has increased synergies realised from its stake in ILS investment specialist Leadenhall Capital Partners.
5. Catlin will look to third-party capital if profitable opportunities exist
   Catlin, the global specialty property and casualty insurance and reinsurance firm with a strong base at the Lloyd’s market in London, will look to take on more third-party capital to manage if profitable growth opportunities are available, said the firms chief executive Stephen Catlin recently.
6. As catastrophe bond risk premiums plummeted, expected losses fell too
   Every few months we like to take a closer look at two key metrics which help to better demonstrate recent trends in the catastrophe bond primary issuance market. These two metrics help to demonstrate where insurance-linked securities investors risk appetite lies when it comes to cat bond and how pricing has moved recently.
7. BMS planning capital markets broker-dealer, BMS Capital Advisory
   BMS Group, a leading independent insurance and reinsurance intermediary and broker, is planning to launch a unit dedicated to taking advantage of the growing opportunities in the insurance-linked securities (ILS) space. The unit will be named BMS Capital Advisory and will offer a full range of capital market ILS products.
8. Equilibrium between capital markets and reinsurance will be reached
   While much of the news and analysis on the global reinsurance market is focused on an increasingly influential third-party capital and insurance-linked securities (ILS) market and the impact it is having on traditional reinsurance rates and pricing, Charles Philipps, Chief Executive of Amlin expects the capital market and reinsurance to find equilibrium.
9. Atlas IX Capital extreme mortality bond launched for SCOR
   The first extreme mortality insurance-linked security transaction of 2013 is coming to market, a deal which will be welcomed by many investors seeking diversification. Atlas IX Capital Limited (Series 2013-1) is being launched for sponsoring French reinsurer SCOR and will provide it with retrocessional protection.
10. Sigma: H1 2013 global insured catastrophe losses $20 billion plus
    Reinsurance firm Swiss Re’s sigma unit, which analyses and quantifies economic and insured losses from natural and man-made catastrophe events in its reports, has put an estimate on global catastrophe losses from the first-half of 2013 at $56 billion of economic losses and over $20 billion of insured losses.

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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