Best of Artemis, week ending February 13th 2022

Here are the ten most popular news articles, week ending February 13th 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.

Ten most read articles on Artemis.bm, week ending February 13th 2022:

1. Should reinsurers always make hay while the sun shines?
   Analysts at investment bank Jefferies have questioned the diverging strategies of two of the largest reinsurance companies, Hannover Re and SCOR, pointing out that the former is retaining more catastrophe risk, while the latter is reducing, but the analysts suggest that, in a hardening market, it’s time to make hay.
2. Zurich renews aggregate catastrophe reinsurance at tighter terms
   Global insurance and reinsurance giant Zurich has revealed its new reinsurance program for 2022 and it appears that tighter terms and a tougher market for placing aggregate limit has resulted in a higher attachment point, adjusted deductible and a larger co-participation being taken.
3. Leadenhall hires Jones from SEI for business development expansion
   Leadenhall Capital Partners LLP, the London headquartered specialist insurance linked securities (ILS) and reinsurance related investments manager, has announced a new business development and fundraising focused hire, adding Alistair Jones from SEI Investments.
4. Broad-based reinsurance price increases expected in 2022: Moody’s
   Analysts from Moody’s Investors Service explained that the just completed January renewals, alongside market conditions and forces, confirm its expectation that prices will rise further in 2022.
5. Aon Securities London MD Rhodri Lane to depart firm
   Rhodri Lane is to depart from his employer Aon Securities, leaving his London-based role at the firm as Managing Director, International Capital Markets, Artemis has learned.
6. Elementum Advisors promotes three across operations & investor relations
   Elementum Advisors, LLC, the insurance-linked securities (ILS) fund management and collateralised reinsurance underwriter, has made three promotions as it continues to strengthen its institutional quality ILS management platform.
7. Vesttoo & Corinthian Re launch VESCOR non-cat investment-grade notes
   Vesttoo, the insurtech that uses proprietary artificial intelligence and machine learning to help companies assess and transfer risks to the capital markets, has partnered with non-catastrophe specialty P&C reinsurance firm Corinthian Re, to launch a new non-cat P&C investment opportunity called VESCOR.
8. Hudson Structured hires Saints as VP Re/Insurance, HSCM Bermuda
   Hudson Structured Capital Management (HSCM), the reinsurance, insurtech, insurance-linked securities (ILS) and transportation focused investment manager, has hired Jason Saints from Arch Capital as a Vice President, Re/Insurance of its HSCM Bermuda branch.
9. Vantage gets $200m more in private equity backing
   Vantage Risk, a Class of 2021 insurance and reinsurance start-up launched by industry veterans Greg Hendrick and Dinos Iordanou, has gained a significant vote of confidence in securing another commitment of up to $200 million in private equity funding.
10. Beazley’s Smart Tracker “significantly oversubscribed by third party capital”
    Demonstrating that the returns of Lloyd’s insurance and reinsurance market business remains very attractive to investors, Beazley said this morning that its Smart Tracker special purpose arrangement (SPA) syndicate 5623 is now “significantly oversubscribed by third party capital”.

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 33 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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