This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. As losses from natural catastrophe and severe weather continue to rise around the world, analysts at investment bank Berenberg believe this means there is “no excess capital buildup among the traditional reinsurers,” leading them to anticipate a “strong-for-longer”…
Category: Industry Loss Warranty
Adjusting ILS exposure for July hurricane forecast can deliver excess returns: Euler, TSR study
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Making adjustments to the exposure of insurance-linked securities (ILS) portfolios based on inputs gleaned from the early July hurricane season forecast can drive opportunities to generate excess returns in reinsurance, according to a study from Euler ILS Partners…
With excess capital in the system, property cat rates could trend down at 1/1: Morgan Stanley
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Given the amount of capital in the global reinsurance system, analysts at Morgan Stanley are asking how much lower pricing could decline in the property catastrophe line of business? The equity analyst team that focuses on insurance and…
City National Rochdale ILW fund roughly flat after pre-hurricane season positioning
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. After positioning itself in advance of the US hurricane season through Q2 this year, the City National Rochdale Select Strategies Fund, a US mutual insurance-linked securities (ILS) fund that invests in industry-loss warranties (ILW’s) and industry-index trigger catastrophe…
K2 Advisors stays overweight cat bonds & ILS, cites Q4 opportunities / still high yields
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. K2 Advisors, the hedge fund focused investment management unit of Franklin Templeton, has maintained its overweight view on the catastrophe bond and broader insurance-linked securities (ILS) asset class for the fourth-quarter, citing opportunities it sees in the market…
Hurricane Milton a minor ILS event, but with some trapping & missed ILW triggers: Milliman
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Analysis from Milliman concludes that hurricane Milton will end up a relatively minor catastrophe loss event for the insurance-linked securities (ILS) market, based on an estimate of insurance market losses in the $20 billion to $40 billion range….
Beazley adds $290m cyber ILW to its $510m cyber cat bonds, in $1bn cyber cat coverage
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. While it has been growing its cyber underwriting business, specialist insurer Beazley has also implemented a robust hedging strategy to control the tail, recently securing a $290 million cyber industry loss warranty (ILW) cover and securing its third…
Twelve Capital brings second private cat bond of year, a $10m Dodeka 2024-2
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 its second private catastrophe bond issuance of the year, bringing a $10 million Dodeka 2024-2 deal to market. Just over a month ago,…
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…
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…