Best of Artemis, week ending 5th May 2019

Here are the ten most popular news articles, week ending 5th May 2019, 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.

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Ten most viewed articles on Artemis.bm, week ending 5th May 2019:

1. Convex Group raises $1.8bn for launch. Stephen Catlin’s startup gets A- rating
   Convex Group is set for launch, as Stephen Catlin’s awaited insurance and reinsurance start-up has raised $1.8 billion from investors and now secured an A- rating for its underwriting vehicles Convex UK and Convex Re.
2. Lloyd’s promises capital flexible access to risk in new strategy
   Lloyd’s of London, the world’s oldest and most traditional marketplace for insurance and reinsurance underwriting, has promised six key changes in its new strategic direction, one of which is allowing flexible capital access to a diverse set of risks written in the market.
3. Nephila Capital revenues drive ILS income higher at Markel in Q1
   Revenues earned through the operations of Nephila Capital added significantly to Markel Corporations income from its insurance-linked securities (ILS) operations during the first-quarter of the year.
4. Voussoir Re sidecar SPI in $74m Arch or Premia linked issuance
   Voussoir Re Ltd. is a new collateralized reinsurance sidecar style vehicle which we understand to have been established by either Arch Capital itself, or the joint-venture run-off company it backs, Premia Holdings.
5. Chubb CEO Greenberg says P&C prices now cover loss cost trends
   Property and casualty rates and pricing is finally back to covering loss cost trends, CEO of insurance giant Chubb Evan Greenberg said today during his firms earnings call.
6. Lloyd’s envisions digital access to ILS investment opportunities
   Lloyd’s of London has published a vision of insurance-linked securities (ILS) investments being made available through a digital system where investors can specify their own risk, return and other requirements.
7. Market missed typhoon Jebi BI, industry loss now up to $13bn: Grandisson, Arch
   Bermudian insurance and reinsurance group Arch Capital believes the industry loss from typhoon Jebi could now be as high as $13 billion and its CEO Marc Grandisson said that the market missed the business interruption and contingent BI exposures.
8. Evidence re/insurance is going through a transition: Lancashire CEO Maloney
   There is evidence that the insurance and reinsurance market is going through a transition right now, according to Lancashire Holdings CEO Alex Maloney.
9. Still “up in the air” when Markel can raise new CATCo funds: Whitt, Co-CEO
   Markel Corporation is still unsure when it will be able to begin raising new funds for future investment strategies operated by its Markel CATCo asset management unit, according to the firms Co-CEO Richard Whitt III.
10. Capital market cessions rise among leading reinsurers tracked by Aon
    Cessions of premiums to capital markets investors and specialist insurance-linked securities (ILS) funds rose among the Aon Reinsurance Aggregate group of companies tracked by the broker.

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 28 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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