Best of Artemis, week ending May 2, 2021
Here are the ten most popular news articles, for the week ending May 2, 2021, covering catastrophe bonds, ILS, reinsurance capital, and risk transfer topics. To make sure you don’t miss a thing, subscribe to weekly Artemis newsletter updates or receive our email alerts for every article we publish.
Ten most read articles on Artemis.bm, week ending May 2, 2021:
- Florida, a “different animal” where demand will be lower: Guy Carp CEO Hearn
Reinsurance capacity remains adequate and demand for protection globally remains high, according to executives Marsh McLennan and Guy Carpenter, but Florida is a “different animal” according to Peter Hearn, CEO of GC.
- More hurricane forecasts project an above-average 2021 Atlantic season
Two more forecast for Atlantic hurricane season 2021 from the teams we follow here at Artemis have now been released and echo other forecast teams we have already covered, calling for this year to see activity. hurricanes above long and short term averages.
- Aon expected to obtain conditional approval to acquire WTW from EC: Reuters
Things move quickly in mergers and acquisitions and it has now been reported by Reuters that Aon would likely get conditional approval from the European Commission for its acquisition of Willis Towers Watson (WTW), without a statement of objections being issued. published and with only a few adjustments to its proposed concession package.
- Billions of dollars in possible losses after one night of heavy hail in Oklahoma and Texas
Once again, a big hailstorm is expected to result in at least the economic losses in the billions of dollars, possibly losses in the insurance and reinsurance markets as well.
- Vantage secures $ 225 million in Vista Re cat bonds with 10% price cut
Vantage Risk has now secured its first catastrophe bond upward by $ 225 million, a 50% increase, while the price of its Vista Re Ltd. cat bond issue. (series 2021-1) was set at 10% below the average. initial guide point of the coupon.
- Stable Hires Julia Henderson as President and Head of Portfolio Management
Stable, a technology company that provides an index platform for commodity hedging, has hired Julia Henderson, a former reinsurance and ILS underwriter, as president and head of portfolio management.
- Reinsurance rate dynamics slowing down, but main trends intact: Berenberg
As reinsurance price dynamics have slowed down, analysts at Berenberg are the latest to say that they believe the key trends that led to the recent firming remain intact and should push prices higher during major markets. mid-year renewals.
- Cat bonds are attractive compared to high yield corporate bonds: K2
Despite some tightening in prices, following the inflow of new capital, spreads on catastrophe bonds remain attractive at the moment compared to high-yield corporate bonds, according to hedge fund manager K2 Advisors.
- Aon hires Ben Love from Tamesis DUAL to UK reinsurance management team
Insurance and reinsurance brokerage giant Aon has announced the appointment of a new senior reinsurance management team, after hiring Ben Love from the Hyperion Tamsis DUAL underwriting unit.
- Prudential Financial and Zurich help UK close £ 6 billion longevity swap
Prudential Financial Inc. and insurer Zurich worked together to provide an unknown UK pension scheme with a £ 6 billion longevity and reinsurance swap deal.
Not all of the articles posted on Artemis over the past week, just the most popular among our readers over the past seven days. There were 38 new articles published last week. To make sure you always stay up to date with Artemis and never miss a story, subscribe to our weekly newsletter which is delivered every Wednesday.
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