Tremor

While hurricane Laura was intensifying rapidly on its path towards the Gulf Coast, insurtech firm Tremor Technologies ran a series of industry loss warranty (ILW) auctions, but no trades were made as the market assumed the loss would not be significant enough to warrant the added coverage.

Just an hour ago, we published a piece asking why acquiring hedging capacity when a major hurricane threat is in the water isn’t easier and as if by magic it transpires that insurtech Tremor Technologies will run a series of industry loss warranty (ILW) auctions this afternoon, U.S. time, which gets much closer to meeting […]

We have another new addition to our Artemis Live series of video interviews with leaders of the insurance-linked securities (ILS) and reinsurance markets this week, featuring Sean Bourgeois, Founder & CEO of technology-based programmatic insurance and reinsurance risk transfer marketplace provider Tremor Technologies Inc.

Tremor’s weekly auctions of industry loss warranties (ILW’s) are gaining traction, with around $100 million of capacity available every week and spreads now narrowing fast as the reinsurance and retrocession markets harden.

Tremor Technologies Inc., the technology-based programmatic risk transfer marketplace provider, has already cleared a trade in just the second holding of its new weekly auctions of industry loss warranties (ILW’s).

Tremor Technologies Inc., the technology-based programmatic risk transfer marketplace provider, is launching weekly auctions of industry loss warranties (ILW’s), with which it hopes to add efficiency to the process of ILW trading.

Tremor Technologies Inc., the programmatic insurance and reinsurance risk transfer marketplace provider, believes that through the use of technology such as its own the reinsurance placement process can be made much faster and more accurate, with better outcomes possible for both sides of the deal.

Price inflation is both present and substantial in reinsurance program placements, as the traditional process of a brokered execution can result in misaligned market incentives, according to programmatic insurance and reinsurance risk transfer marketplace insurtech Tremor Technologies Inc.

Tremor Technologies Inc., the programmatic insurance and reinsurance risk transfer marketplace provider, has successfully brought $600 million of capacity to, priced and placed the property catastrophe reinsurance program renewal of carrier W. R. Berkley Corporation.

Oversubscription in reinsurance placements is a sign of an inefficient market, as it suggests that in many cases cedents are unable to optimally price their risk, according to programmatic insurance and reinsurance risk transfer marketplace insurtech Tremor Technologies Inc.