This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The momentum seen in the catastrophe bond market over the last year is expected to persist, with further growth in the amount of cat bonds outstanding expected by year-end 2024, Shiv Kumar, President of GC Securities told us…
Quota-share format may be more suitable for cyber risks than cat bonds: Bruns, LGT
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Although Christian Bruns, Partner and Portfolio Manager at LGT ILS Partners Ltd., noted that transacting cyber risk in an excess-of-loss format may not currently be in the best interest of the firm’s investors, he highlighted the potential to…
Private ILS interest rising, enhances scope of investment options: Grandi, Twelve Capital
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Interest in private ILS opportunities, so collateralised reinsurance and retrocession arrangements, has been rising and continues to, Marcel Grandi of Twelve Capital believes. He also thinks these instruments afford an investment manager more scope, in terms of investment…
Alternative capital an important part of reinsurance capital structure: Baertschi, Swiss Re
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Alternative capital has become an important part of the reinsurance industry’s capital structure, according to Urs Baertschi, CEO of P&C Reinsurance at Swiss Re. In a recent Artemis Live video interview, Baertschi highlighted the important role of alternative…
Capital’s view of ILS opportunities has rapidly evolved: McKeown, Vantage Risk
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The evolution of investor’s and capital’s view of opportunities in the insurance-linked securities (ILS) space has been particularly rapid over the last couple of years and Chris McKeown of Vantage Risk believes collateralized reinsurance opportunities and new lines…
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…
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…
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…