Collateralized reinsurance news

Today, we’re delighted to open registration for Artemis’ first ever insurance-linked securities (ILS) conference in London. Tickets are now on-sale for Artemis London 2022, which we’re holding in the City on September 6th 2022.

At our ILS NYC 2022 conference in New York in April, the second session of the day saw speakers openly discuss the need to keep insurance-linked securities (ILS) product as accessible as possible, to both the cedent and investor sides of the marketplace.

Catastrophe bonds, collateralized reinsurance and insurance-linked securities (ILS) fund capacity are no longer a safety-valve for the Florida property insurance market’s reinsurance capacity needs, Stonybrook Capital has reported.

An active catastrophe bond market in the first-quarter of 2022 helped to drive “fantastic growth in the ILS business” for Aon’s Reinsurance Solutions division, according to President of Aon Plc, Eric Andersen.

In an exclusive interview with Artemis, Joseph Petrelli, President and Co-Founder of rating agency and consultant Demotech, Inc. explained that the special session reforms passed by the Florida legislature last week are “inadequate”, when measured against what the state really needs to fix its property insurance marketplace.

The Texas Windstorm Insurance Association (TWIA) has now successfully secured its new catastrophe bond backed reinsurance protection at an upsized $200 million, with pricing for the Alamo Re Ltd. (Series 2022-1) cat bond finalised at the top of initial guidance.

Specialty insurance and reinsurance group Canopius has announced a restructure and has named Charles Craigs, who has led much of the firm’s activities in insurance-linked securities (ILS) and third-party capital, as its new Group Head of Reinsurance.

At our recent ILS NYC 2022 conference in New York, speakers discussed the need to deliver a more predictable experience, where possible, to stakeholders such as insurance-linked securities (ILS) investors and reinsurance counterparties, during the first session of the day which is now available to view online.

Progress on property insurance reform continues in the state of Florida, with the first bill from the special session now passing through the legislature having been approved on the House floor, to now make its way to the Governor for signing.

Leadenhall Capital Partners LLP, the London headquartered specialist insurance linked securities (ILS) and reinsurance related investments manager, has backed Denver, Colorado based health insurer Friday Health Plans again, leading an equity raise for the company and providing more debt.