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No significant shift in premium from current price levels expected at renewals: Stahel, LGT
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Even without any major catastrophe loss events over the rest of the year, Michael Stahel, Partner and Portfolio Manager at LGT ILS Partners Ltd., is not expecting a significant shift in premium from current price levels and notes…
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Stable, healthy reinsurance may persist longer than previous cycles: Twelve Capital’s Grandi
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Marcel Grandi, Head of ILS Sourcing at Zurich-headquartered insurance-linked securities (ILS), catastrophe bond and reinsurance investment manager Twelve Capital, believes the current reinsurance market environment and its pricing may persist longer this time. In a recent interview, around…
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Hannover Re cites cloud outage cat bond & parametrics as areas of innovation
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Global reinsurance company Hannover Re said today at the Monte Carlo Rendez-Vous event that innovation remains on the agenda even while demand for traditional reinsurance remains high, citing examples of parametric risk transfer and its recent cloud outage…
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Inertia the biggest threat. We must escape the market-cycle mindset: McKeown, Vantage
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. In order to avoid disappointing investors and guarantee continued access to capital, the reinsurance and insurance-linked securities (ILS) industry needs to escape the market-cycle mindset and deal with the biggest threat it faces, which is inertia, according to…
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Climate change uncertainty & perception a challenge for ILS: Minter, Swiss Re ACP
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. As the reinsurance and insurance-linked securities (ILS) market begins to look towards year-end issuance, renewals and into 2025, Chris Minter, the new Head of Swiss Re’s Alternative Capital Partners (ACP) division, told Artemis that one of the biggest…
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Cat bond interest from potential sponsors rising, parametric momentum increasing: Van Slooten, Aon
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. There is rising interest in catastrophe bonds from potential sponsors and the parametric risk transfer space is another area seeing growing momentum, according to Mike Van Slooten, Head of Business Intelligence at Aon’s Reinsurance Solutions. Speaking during a…
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Demex raises $10.25m as demand for parametric stop-loss reinsurance solution grows
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The Demex Group, a risk analytics and intelligence company that facilitates climate and catastrophe peril parametric stop-loss reinsurance protection, has announced a $10.25 million funding raise to help it respond to growing demand for its innovative products. The…
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Continued market discipline expected: Urs Baertschi, CEO P&C Reinsurance, Swiss Re
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. As the reinsurance market heads to the annual Monte Carlo Rendez-Vous event, to begin discussions that help to shape the pathway towards end-of-year renewal negotiations, we spoke with Urs Baertschi, CEO of P&C Reinsurance at Swiss Re, who…
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AXA XL ILS creates win-win opportunity with investor-backed whole account transactions: Patel
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. AXA XL ILS Capital Management, the alternative reinsurance capital and insurance-linked securities (ILS) management division of AXA XL, the commercial insurance and reinsurance unit of the AXA Group, is continuing to innovate as it looks to bring returns…
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Jamaican farmers get partial payout as Beryl triggers Skyline & Munich Re backed parametric policy
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Skyline Partners, a full-service provider in the parametric insurance supply chain, and global reinsurer Munich Re have revealed that a partial claim under a parametric insurance policy triggered by Hurricane Beryl has been paid out to the Jamaican…
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