Best of Artemis, week ending 8th August 2021

Here are the ten most popular news articles, week ending 8th August 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 8th August 2021:

1. RMS being sold to Moody’s for US $2 billion
   Moody’s Corporation has agreed to acquire one of the insurance and reinsurance market’s leading catastrophe risk modelling firms, RMS, for a reported price of US $2 billion, in a deal expected to close later this year.
2. Where are the margin improvements? A question worth asking…
   As we approach the mid-point of the quarterly reporting season, a number of analyst firms are asking a very pertinent question. Where are the margin improvements in reinsurance, given the much improved rate environment?
3. WTW CEO Haley confirms options for Willis Re’s future being explored
   Willis Towers Watson (WTW) continues to consider strategic options for the future of its reinsurance broking business Willis Re, the firm’s CEO John Haley explained.
4. New Nephila offerings planned, retro to transition to Lodgepine: Markel’s Whitt
   New opportunities for Nephila Capital to grow its insurance-linked securities (ILS) business are expected to come to fruition over the next year through bespoke offerings and ESG portfolios, while Lodgepine’s first retrocession ILS fund launch is just the start, according to Markel Corporation Co-CEO Richie Whitt.
5. ESG credentials of ILS attracting new investors & issuers: John Seo, Fermat
   The environmental, social and governance (ESG) credentials of the insurance-linked securities (ILS) market have become a key driver for issuance activity, according to John Seo of Fermat Capital Management, LLC.
6. Athene uses ACRA sidecar in $4.9bn pension risk transfer, fees rise
   Athene Holding Ltd., the life and retirement reinsurance company majority owned by investor and private equity specialist Apollo Global, put third-party capital from its Athene Co-Invest Reinsurance Affiliate (ACRA) sidecar to work in a huge $4.9 billion pension risk transfer deal.
7. Generali to tap reinsurance for June storms and July flood losses
   Global insurer Generali revealed that it has tapped into its reinsurance arrangements to help pay for natural catastrophe claims from the first-half of the year and that it expects to do so again for its share of the European flood losses from July.
8. More ILS capital likely to reallocate to cat bonds: Aon Securities
   After a record-setting quarter for the catastrophe bond market in Q2 2021, the market is on record-breaking pace and issuance is expected to continue to be supported by capital inflows and also an expectation that more capital will be reallocated to cat bonds from other areas of insurance-linked securities (ILS), according to Aon Securities.
9. ILS fund side pocket strategies evolving for the better: Horseshoe’s Desmond
   The insurance-linked securities (ILS) market and its fund managers are adapting their strategies following several years of heavy catastrophe losses, with their experiences in dealing with trapped ILS collateral driving them to evolve the way ILS fund side pockets are set and dealt with, Brian Desmond of Horseshoe told Artemis.
10. Hurricane forecasts reduced by both Colorado State & Tropical Storm Risk
    In what may be taken as a positive sign of what’s to come for the insurance, reinsurance and insurance-linked securities (ILS) community, two of the main Atlantic hurricane forecast teams have reduced their seasonal forecast numbers.

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 35 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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