Catastrophe bonds and insurance-linked securities news

We’ve written a number of times recently on Artemis about the benefits of investments in reinsurance-linked strategies such as catastrophe bonds, insurance-linked security funds, collateralized reinsurance vehicles and other instruments versus investments in insurance and reinsurance firm equity. Equity investments have seen a reduction in interest, as have most sectors equities, thanks to the financial […]

It’s been another busy week for news in the markets we cover here on Artemis. Discussion of insurance and reinsurance as an investment opportunity increases and news of companies seeking to support investors and sponsors goals becomes more frequent. As always, you can read every news story and article on the Artemis news blog and […]

Independent catastrophe risk management and modelling firm Karen Clark & Company (KCC) has announced the launch of RiskInsight®, an open, global platform for catastrophe risk management. The RiskInsight platform is designed with an open architecture, which KCC say enables insurance and reinsurance companies to efficiently leverage multiple internal and external experts in building their proprietary […]

Ever since the launch of a new U.S. hurricane model by risk modelling firm RMS at the end of February 2011, which increased modelled expected losses across many cat bond covered regions, AIR Worldwide has been the dominant risk modeller used in new property catastrophe bond deals. In 2012, AIR’s risk models have been used […]

Readers of Artemis will know that we often discuss the increasing flow of capital from institutional investors into the non-traditional reinsurance space and the effect capital markets sourced capacity has on the traditional reinsurance market and on reinsurers. One of the effects of this influx of capital is pressure on rates, as availability of capacity […]

The Tohoku, Japan earthquake and tsunami event in March 2011 was so impactful that it has changed scientists views of earthquake risk across Japan. Nobody expected such a huge tsunami to occur and even though Japan is one of the most earthquake exposed countries in the world, the magnitude and location of the quake were […]

RMS have today announced the launch of a new version of their RMS LifeRisks™ modelling platform. The LifeRisks product is a risk modelling platform for the life insurance and pension risk management industry (reinsurers with exposure to those lines of business too, we assume). It is designed to enable them to accurately model the impacts […]

One of the insurance-linked security funds that launched during 2012 was Dexion Capital managed DCG Iris Ltd. The ILS fund, which launched back in June and had its shares listed on the London stock Exchange (LSE), acts as a feeder fund and invests all of its capital assets in Credit Suisse’s CS IRIS Low Volatility […]

Interest in the catastrophe bond market and demand for new issuance is showing no sign of letting up, as investor sources tell us that the latest cat bond deal to come to market has increased in size a little and the price guidance has been reduced a lot. MultiCat Mexico Ltd. Series 2012-1, the 22nd […]

Another U.S. public body pension fund has committed capital to the reinsurance-linked investment space in recent weeks, as interest in the reinsurance space continues to grow from large pension funds. The Ohio School Employees Retirement System, a defined benefit public pension fund that provides pensions and access to health care coverage Ohio’s school employees, has […]