Best of Artemis, week ending August 21st 2022

Here are the ten most popular news articles, week ending August 21st 2022, 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 read articles on Artemis.bm, week ending August 21st 2022:

1. Is catastrophe risk going through a de-commoditisation?
   Given the hardening of pricing across natural catastrophe reinsurance markets and renewals, the analysts at RBC Capital Markets have asked whether a de-commoditisation of nat cat risk is currently underway?
2. Top reinsurance companies grow premiums 10% on rate firming: AM Best
   Munich Re continues to top a list of the world’s largest reinsurance companies, while the top 50 global reinsurance groups according to rating agency AM Best grew their premiums nearly 10% across the last year on the back of firming rates and price increases.
3. Property cat prices likely to rise in 2023, with “true” hardening possible: AM Best
   Prices for property catastrophe reinsurance are likely to continue to rise into 2023, especially as concerns over inflation and the global economic environment persist, rating agency AM Best has said.
4. IRB Brasil Re blows through top of retro tower on drought loss
   Brazilian reinsurance firm IRB Brasil Re has blown through the top of its retrocession tower due to an escalating claims burden from drought and agricultural losses in the country this year.
5. Casualty ILS market size can be multiples of property cat: Fleming
   Fleming Insurance Holdings and Altamont Capital Partners expect cedents to embrace their flexible, proprietary Planned Loss Portfolio Transfer (LPT) solution as it looks to capitalise on the big opportunity that is the casualty insurance-linked securities (ILS) market.
6. Deutsche Bank hires Kremer for ILS, insurance and credit structuring
   Multinational investment bank and financial services company Deutsche Bank has hired Philippe Kremer, an experienced insurance-linked securities (ILS) and structured reinsurance expert, who has previously worked at Citi and Swiss Re.
7. AXIS targets third-party capital non-cat expansion: Benchimol
   AXIS Capital, the Bermuda headquartered specialty insurance and reinsurance underwriter, is aiming to grow out its non-catastrophe activities with third-party capital partners, which should replace an anticipated dip in fee income from catastrophe risks it was sharing, the firm’s CEO has said.
8. Artemis London: Full conference agenda now published
   We’ve published the full agenda for first insurance-linked securities (ILS) market conference held in the UK. Tickets are still on-sale for Artemis London 2022, which is taking place on September 6th 2022.
9. Visualising higher catastrophe bond pricing, multiples & spreads
   In recent months, if you’re interested in insurance-linked securities (ILS) or active in the ILS marketplace, you could not have missed the widely discussed issues of spread widening seen in catastrophe bonds, or the hardening of reinsurance pricing and how that spills over to ILS rates and returns.
10. ILS industry has tools to tame inflation: Lohmann, Schroders Capital ILS
    While the insurance-linked securities (ILS) industry cannot avoid inflationary effects completely, the structures utilised have some tools embedded that allow ILS managers to tame the effects of inflation on their portfolios, according to Dirk Lohmann, Chairman, Schroders Capital ILS.

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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