As forecast we saw the first named storm of the 2013 Atlantic hurricane season last week in tropical storm Andrea. 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 9th June 2013:
- Deutsche Bank reportedly setting up insurance-linked securities fund
Interesting news has emerged via an article in Hedge Fund Alert which reports that Deutsche Bank is in the process of setting up its own insurance-linked securities (ILS) fund.
- Flooding in Central Europe a threat to reinsurers
Flooding across Central Europe reached record levels in many towns and cities after torrential rainfall struck the region in recent days.
- Tropical storm Andrea, first of 2013 season, forms in the Gulf and heads for Florida
The 2013 Atlantic Hurricane Season had its first tropical storm of the season which formed just five days into the six month long tropical season.
- Reinsurance convergence capital puts pressure on renewal pricing at June 1
The continuing influx of so-called convergence capital into the reinsurance sector, non-traditional capital from third-party, alternative, capital market sources, has had a very real impact on the reinsurance markets capital structure resulting in significant pricing pressure at the recent June 1 renewals, according to insight from reinsurance broker Guy Carpenter.
- Soft market forecast, led by reinsurance, third-party capital a factor: Nomura
Nomura forecasts a soft market by early 2014 for U.S. property and casualty (P&C) lines with reinsurance leading the market down with new capital inflows pressuring pricing.
- On the non-correlation, or otherwise, of catastrophe bonds. And drooling
Our thoughts on recent comments and articles regarding the non-correlation, or otherwise, of the cat bond market and whether investors are drooling over cat bond yields.
- As risk premiums fall in the catastrophe bond market, expected losses rise
It’s time for another look at two of the metrics which give an insight into catastrophe bond transactions that have come to market recently and where the cat bond and reinsurance investment market feels its risk appetite lies.
- Lancashire appoints new portfolio manager to Capital Management division
Global provider of specialty insurance and reinsurance products and third-party reinsurance capital firm Lancashire Holdings has announced a new appointment within its third-party capital management brand Lancashire Capital Management.
- AXIS appoints Ben Rubin to head up third-party reinsurance capital activities
Bermuda based global insurance and reinsurance group AXIS Capital Holdings Limited has announced a new appointment to head up its activities in third-party reinsurance capital management.
- AIR: Insured value of coastal U.S. property exceeds $10 trillion
Risk modelling firm AIR Worldwide has just published a very timely update to its ‘The Coastline at Risk‘ report, in which it presents updated estimates for the insured value of residential and commercial U.S. properties in states and counties along the Atlantic eastern seaboard and the Gulf Coast.
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.
Keep up with the 2013 Atlantic Hurricane Season here.
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