Best of Artemis, week ending February 20th 2022

Here are the ten most popular news articles, week ending February 20th 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 20th 2022:

1. Re/insurance – an industry destroying value (or shifting it to brokers)
   The global insurance and reinsurance industry has moved from one that is “moderately value-creating” to one that “destroys value”, according to a new report from consultants at McKinsey.
2. Aon blurring lines. Case points to Marilla & Client Treaty as growth drivers
   Broking giant Aon will continue blurring the lines between broking and underwriting capital provider as it looks to replicate the success of initiatives such as its Client Treaty at Lloyd’s and the Marilla catastrophe reinsurance facility.
3. Reinsurance rates may rise faster than primary for two years: Goldman
   Analysts from Goldman Sachs imply that the reinsurance market has room to catch-up further towards the stage of the cycle primary lines of business have attained.
4. Florida P&C claims litigation concerning, as cases soar: CaseGlide CEO Todd
   CaseGlide said that data from Florida’s largest P&C insurers shows the number of new litigated claims increased 37% from the prior month.
5. Parametric specialist New Paradigm hires Mark Groenheide
   Groenheide joins New Paradigm from his most recent position as President of CGA Insurance Services, a managing general underwriter (MGU) subsidiary of GuideOne Insurance.
6. Clarien launches Global Voyager ILS fund-of-funds
   Clarien Investments Limited (CIL) has launched its first insurance-linked securities (ILS) fund and is tapping the expertise of established ILS managers by making it a fund-of-funds strategy.
7. Investors more curious after 2021 catastrophe losses: Leadenhall’s Volpi
   Compared to the “great reload”, investors have been more curious about what insurance-linked securities (ILS) managers are doing in response, according to Lorenzo Volpi, Managing Partner at Leadenhall Capital Partners.
8. Climate change influence on ILS returns uneven: SIGLO
   The influence of climate change on returns in the insurance-linked securities (ILS) market is uneven and ILS investment managers have access to the tools necessary to adapt to advancing climate risks.
9. AIG’s AlphaCat lifts ILS assets under management to $3.6bn
   While many managers saw their AuM’s shrink at the end of last year, American International Group’s (AIG) ILS and collateralized reinsurance investment manager entity, AlphaCat Managers, grew its AuM slightly to $3.6 billion.
10. Florida renewals may present retro opportunity: Everest Re’s Williamson
    Williamson said meaningful dislocation in the retro market is likely to play through into the Florida renewals.

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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