Best of Artemis, week ending September 26th 2021

Here are the ten most popular news articles, week ending September 26th 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 September 26th 2021:

1. Ida reinsurance recoveries significant for some, backup cover likely needed
   Information from sources suggests that some primary insurance carriers are likely to recover significant amounts from their reinsurance arrangements after hurricane Ida, while a number of insurers are likely to exhaust their reinsurance towers completely, and some catastrophe bonds remain exposed.
2. Climate change impact on catastrophe claims is investors biggest fear
   The potential impact from climate change on natural catastrophe P&C insurance and reinsurance claims is the biggest fear of investors in the sector polled by equity analysts at Bank of America.
3. Flight to quality continues as ILS managers get benchmarked: Lohmann & Matter, Schroders
   There is a clear and ongoing ‘flight to quality’ where ILS funds are concerned, according to Dirk Lohmann, Chairman and Flavio Matter, Head of Origination, ILS, at Schroders Capital.
4. Nephila one of the most institutional hedge fund managers
   According to a survey, Markel owned insurance-linked securities (ILS) investment manager Nephila Capital is one of the most institutional hedge fund managers, based on the profile of its end-investors.
5. Ambassador Fund is latest mutual cat bond & ILS fund launch
   A new US mutual investment fund with a focus on catastrophe bonds and insurance-linked securities (ILS) is set to launch, with the Ambassador Fund, as it is named, set to continue a trend of bringing ILS investment opportunities to a wider range of investors.
6. ILS capital takes a faster view on rates than reinsurers: Cory Anger, GC Securities
   When the market is turning and reinsurance rates move in one direction, or another, it tends to be insurance-linked securities (ILS) investors that move first and fastest, according to Cory Anger, Managing Director at GC Securities.
7. Vesttoo hires Stonybrook’s Butzbaugh to lead CAT and ILW transactions
   Vesttoo has hired Daniel Butzbaugh to lead the company’s catastrophe and industry loss warranty (ILW) transactions from its New York office.
8. ILS inflows to continue, even to secondary perils & aggregates: Aon’s Ronda
   While there have been challenges for ILS investors over recent years related to losses from so-called secondary perils and to aggregate structures, the market is expected to continue attracting capital, even to these more recently loss-affected areas, according to Tim Ronda of Aon’s Reinsurance Solutions.
9. Nephila’s Volante MGA gets ‘in-principle’ approval for Lloyd’s syndicate 1699
   Volante Capital Holdings (Bermuda) Ltd. (Volante), a multi-class international MGA platform that counts insurance-linked securities (ILS) specialist Nephila Capital’s holding company as its majority owner, has received ‘in-principle’ approval from Lloyd’s to launch Syndicate 1699.
10. Super’s direct-to-consumer parametric pays in 3 days after Acapulco quake
    The direct to consumer parametric earthquake insurance product offered by Super Seguros Inc. in the Latin American market was triggered by the recent M7.0 quake that struck the Acapulco region of Mexico, its founder told Artemis.

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 31 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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