Best of Artemis, week ending 4th April 2021

Here are the ten most popular news articles, week ending 4th April 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 4th April 2021:

1. Nephila to name Maria Rapin sole CEO of Nephila Climate unit
   Nephila Climate, the weather and climate risk and reinsurance focused unit of the largest insurance-linked securities (ILS) fund manager Nephila Capital, has named Maria Rapin as its sole CEO.
2. Catastrophe bond & related ILS issuance hit $4.63bn in Q1 2021: Report
   Issuance of new catastrophe bonds and related insurance-linked securities (ILS) continued apace in the first-quarter of 2021, with the period seeing $4.63 billion of new risk capital come to market, according to the latest report and data from Artemis.
3. Swiss Re warns of USD 250-300bn insured catastrophe loss year potential
   The influence of climate change is becoming more visible in the increasingly frequent occurrences of so-called secondary peril events, according to Swiss Re’s Group Chief Economist, who also warns of the potential for peak perils to follow a similar trend of rising loss costs.
4. Healthcare of Ontario Pension Plan (HOOPP) doubled ILS allocation in 2020
   The Healthcare of Ontario Pension Plan (HOOPP), a large Canadian institutional retirement fund, has more than doubled its investments in the insurance-linked securities (ILS) asset class over the last year.
5. Artemis Live: The US winter storm & Texas freeze claims situation
   For our latest Artemis Live video interview we spoke with two senior Verisk Analytics execs with years of experience on the claims-side of the market, Mike Fulton, President of Xactware and Tom Johansmeyer, Head of PCS, about the recent winter storm and Texas freeze loss event.
6. Ledger Investing adds Hancock (ex-AIG CEO) to Board, hires Rajiv Punja as CIO
   Ledger Investing, the insurance technology (insurtech) and insurance-linked securities (ILS) focused venture-backed company, has appointed former AIG CEO Peter Hancock to its Board of Directors and also hired ILS executive Rajiv Punja as its Chief Investment Officer.
7. Property lines suffered at Lloyd’s in 2020, but rate momentum expected to persist
   Property insurance and reinsurance lines of business suffered at Lloyd’s in 2020, with elevated combined ratios reported partly due to the frequency of attritional catastrophe losses, as well as business interruption impacts from COVID-19.
8. Live webcast: The Power of Parametric Solutions for Climate Resilience
   The Weather Risk Management Association (WRMA) and Artemis have partnered to host a live webcast on April 29th 2021 to discuss the role of parametric solutions in supporting climate resilience. The event will feature senior leaders from across the weather risk management and re/insurance space.
9. PGGM ILS mandate scope for Nephila, PartnerRe & Swiss Re upsized
   PGGM, the Dutch pension fund administrator and investment manager and the largest single source of assets in the insurance-linked securities (ILS) market, has significantly increased its mandated allocation allowances for some of its leading invetsment partners in the ILS and reinsurance sector.
10. James Slaughter joins Apollo Syndicate Management as CUO
    James Slaughter, formerly of Liberty Mutual and recently linked with a start-up named Lavant, has been appointed Chief Underwriting Officer (CUO) of specialist Lloyd’s re/insurer Apollo Syndicate Management.

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 30 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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