catastrophe

Some traditional reinsurers now see the emerging reinsurance business model of ‘fast capital’, or the flow of capital into the reinsurance market from third-party investor sources, as a direct threat to their existing portfolios, according to the latest renewals report from reinsurance broker Willis Re. The report notes a jump in the amount of capital […]

Third-party investor capitals increasing interest and growing influence in the insurance and reinsurance markets is something that insurers and reinsurers are going to have to get used to as a ‘new normal’, according to the Chairman of ACE European Group, Andrew Kendrick. Kendrick spoke on the topic of ‘Managing the new normal – sustainable underwriting’ […]

The world’s largest reinsurer Munich Re has published some interesting data and insight into just how much growth the insurance and reinsurance markets will see in the Asia-Pacific region in the future. This is a topic we have written about many times, that as regions of the world develop more rapidly the need for re/insurance […]

Globally the risks posed by and impacts created by droughts and heatwaves have been growing in recent years, yet drought itself remains a widely underestimated natural hazard, according to a recent report published by the worlds largest reinsurer Munich Re. According to Munich Re’s report, there have been around ten loss-producing droughts around the world […]

Contingent capital has been back on our radar recently thanks to the market rumours suggesting that reinsurer Swiss Re has been arranging a marketing roadshow for a contingent convertible bond issuance recently. The first time we wrote about contingent capital on Artemis it was not with reference to reinsurers however, it was discussing whether contingent […]

The Asian Development Bank (ADB) is supporting the development of a public-private initiative to create the first earthquake insurance pool for the Philippines. The project aims to launch a functioning earthquake insurance involving government, local insurers and the international insurance and reinsurance community by 2015 and the ADB has committed an initial grant of $500,000 […]

A report published last week by the Asian Development Bank (ADB) discusses the need for robust natural disaster risk financing solutions to be employed in the Asia-Pacific region to strengthen its disaster resilience. The report says that natural disaster losses have risen more quickly than Asia-Pacific’s economy has expanded. At the same time insurance penetration […]

The primary catastrophe bond issuance market remains quiet, which is a little unusual for the time of year, but private cat bond Skyline Re has closed, upsized and achieved attractive pricing. As always, you can read every market news story and article on the Artemis news blog, subscribe to our weekly email newsletter update and […]

The Microinsurance Catastrophe Risk Organisation (MiCRO), a specialty reinsurance organisation established to provide the backing for microinsurance products through microfinance institutions in Haiti, has received $1.96m in funding from the IFC (International Finance Corporation), a member of the World Bank Group. The award includes a $1.7 million performance-based grant and $260,000 in technical assistance from […]

The last seven days saw one of the biggest news stories of the reinsurance-linked investment markets relatively short history as 25% of ILS investment manager Nephila Capital was sold to private equity firm KKR. As always, you can read every market news story and article on the Artemis news blog, subscribe to our weekly email […]