ARC pays $11.6m as drought triggers Malawi’s parametric insurance
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The African Risk Capacity (ARC) Group, a provider of parametric disaster insurance products and risk pooling for countries and other entities in Africa, has made just over $11.6 million in payouts to Malawi and a replica partner the…
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Nephila’s hedging & portfolio actions in best interests of investors: Noble, Markel
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Hedging and portfolio management actions undertaken by Nephila Capital, the insurance-linked securities (ILS) operation of Markel, are in the best interests of investors in the face of a potentially active hurricane season, Jeremy Noble, President of Insurance at…
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Cat bonds still favourite, conviction rises on private ILS & retro investments: K2 Advisors
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Despite the recent spread widening seen in catastrophe bonds, K2 Advisors, the hedge fund focused investment management unit of Franklin Templeton, continues to favor the insurance-linked securities (ILS) asset class and cat bonds in particular remain its top-pick…
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Twelve Capital + Securis – It’s complementary. Overlaps add to our strength: Urs Ramseier
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. It’s rare to find two asset management businesses that you can combine and not face friction, or loss of clients, but in the case of the merger of reinsurance and insurance-linked securities (ILS) investment managers Twelve Capital and…
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Nat cat gap expands 5.2% to $385bn, but protection more available: Swiss Re
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The global natural catastrophe protection gap widened again in 2023, rising 5.2% to US $385 billion in premium equivalent terms, but at the same time Swiss Re reports that there are signs of more protection being available, which…
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CrowdStrike event can build more confidence in cyber cat bonds: Hatzor, Parametrix
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The recent global IT systems outage caused by the CrowdStrike event can serve to build more confidence in cyber catastrophe bonds, as some of the biggest questions posed about this new segment of insurance-linked securities (ILS) were about…
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Cat bond issuance on pace for a record year: Lara Mowery, Guy Carpenter
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Despite somewhat of an easing at the mid-year reinsurance renewals, insurance-linked securities (ILS) activity has been robust so far in 2024, and knowing what the rest of the year looks like right now, catastrophe bond issuance is on…
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City National Rochdale mutual ILW fund sees slight growth to $227.4m
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The City National Rochdale Select Strategies Fund, a US mutual insurance-linked securities (ILS) fund focused on investments into industry-loss warranties (ILW’s) and industry-index trigger catastrophe bonds, saw slight growth through the latest quarter of record, ending April 2024…
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Twelve Capital completes $15m Dodeka 2024-1 private catastrophe bond
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Twelve Capital, the Swiss headquartered insurance-linked securities (ILS) and reinsurance investment manager, has successfully completed a new $15 million Dodeka 2024-1 private catastrophe bond, which is the manager’s twenty seventh issuance in the Dodeka series. It’s the first…
Read MoreSome ILS markets eased off at renewals amid active hurricane forecast: Vickers, Gallagher Re
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. With numerous forecasters warning of a very active Atlantic hurricane season this year, some insurance-linked securities (ILS) markets eased off somewhat at the June 1st and July 1st, 2024, reinsurance renewals, which led to a little bit of…
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