Listed below are the ten hottest information articles, week ending February 2nd 2025, overlaying disaster bonds, ILS, reinsurance capital and associated danger switch matters. To make sure you by no means miss a factor subscribe to the weekly Artemis email newsletter updates or get our email alerts for each article we publish.
Ten most learn articles on Artemis.bm, week ending February 2nd 2025:
- LA fires a tail event. Most of our US property cat programs loss impacted: RenRe CEO O’Donnell
The Los Angeles, California wildfires are a tail occasion for the peril and can show the continued and rising relevance of reinsurance, in accordance with RenaissanceRe CEO Kevin O’Donnell, who additionally defined at the moment that “most of our US property disaster packages are loss impacted.” - Cumulative catastrophe bonds & related ILS tracked by Artemis breaks $180bn milestone
Because the very first deal got here to market nearly three many years in the past, the cumulative worth of disaster bonds and associated insurance-linked securities (ILS) we’ve analysed and tracked has now surpassed $180 billion of issuance, in accordance with our Artemis Deal Listing. - Aetna secures sixteenth Vitality Re health ILS as largest ever at $250m
Aetna, the well being, medical and advantages insurance coverage unit of CVS Well being, has now finalised the small print of its sixteenth well being and medical profit declare linked insurance-linked securities (ILS) deal, securing the focused $250 million of reinsurance from the Vitality Re XVI Ltd (Collection 2025) issuance and making it the biggest Vitality Re deal but. - Hiscox sponsoring second Ocelot Re cat bond with $200m target
Hiscox Group is again within the disaster bond market searching for $200 million in retrocessional North American peak peril reinsurance safety from the capital markets with an Ocelot Re Ltd. (Collection 2025-1) issuance. - Two occurrence cat bonds believed affected by LA wildfires: Twelve Capital
Twelve Capital has mentioned that it believes two per-occurrence disaster bond buildings are seemingly affected by the loss affect of the Los Angeles, California wildfires at this stage, whereas the affect of combination erosion for different cat bonds continues to be being assessed. - Radix Insurance Linked Strategies (Radix ILS) launched by former-Hamilton exec Hanni Ali
Radix Insurance coverage Linked Methods (Radix ILS) has been based by former Hamilton ILS government Hanni Ali as a brand new Bermuda-based third-party capital supervisor and reinsurance capability deployment firm with a technology-first focus. - Montauk Point launched by Szakmary to provide independent strategic advice to third-party capital
Montauk Level has been launched in Bermuda by well-known reinsurance trade government Adam Szakmary to offer impartial advisory providers to third-party danger capital suppliers. - Securis hires Armand Foy from Pillar to boost North American distribution
Securis Funding Companions, the London-headquartered specialist insurance-linked securities (ILS) funding supervisor, has introduced the hiring of Armand Foy to the position of Investor Relations (North America). - Reinsurance capital to assume at least 30% of total insured losses from LA wildfires: Moody’s
Primarily based on preliminary insured loss estimates, the reinsurance sector and its capital suppliers are anticipated to imagine not less than 30% of complete insured losses from the Palisades and Eaton wildfires in Los Angeles, in accordance with analysts at Moody’s. - Renewed interest in cat bonds indicates favourable market entry point for new sponsors: Acrisure Re
A renewed curiosity in disaster bonds is being seen throughout the insurance-linked securities (ILS) market, as spreads have began to change into extra “enticing”, which signifies a beneficial market entry level for brand spanking new sponsors, in accordance with Sandro Kriesch, Head of Insurance coverage-Linked Securities (ILS), and Sophie Worsnop, Assistant Vice President, Acrisure Re Company Advisory & Options (ARCAS).
This isn’t each article revealed on Artemis over the past week, simply the most well-liked amongst our readers during the last seven days. There were 39 new articles published in the last week.
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