Better of Artemis, week ending January twelfth 2025 – Artemis.bm

Listed here are the ten hottest information articles, week ending January twelfth 2025, protecting disaster bonds, ILS, reinsurance capital and associated threat switch subjects. 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 January twelfth 2025:

1. LA wildfires: Over 10k structures destroyed. Insured losses up to ~$20bn, economic $150bn
   Particulars on the dimensions of the devastation brought on by the wildfires burning within the Los Angeles area of California started to emerge, with officers saying 10,000 buildings had been destroyed throughout the 2 essential fires, whereas estimates of losses continued to rise.
2. Guy Carpenter property catastrophe reinsurance indices all decline at 1/1 2025 renewal
   Property disaster reinsurance charges declined throughout the globe on the January 1st 2025 reinsurance renewals, with dealer Man Carpenter’s rate-on-line indices for the world, US, Europe and Asia Pacific all falling to begin the brand new 12 months.
3. Mercury says LA wildfire losses to exceed reinsurance retention
   Insurer Mercury Basic Company has stated that it expects the continued wildfires in Los Angeles, California will lead to losses for the corporate that can exceed its reinsurance retention of $150 million.
4. LA wildfires unlikely to cause meaningful catastrophe bond impact: Plenum Investments
   Specialist supervisor of disaster bond and insurance-linked securities (ILS) funds Plenum Investments has stated that it doesn’t consider that the continued wildfire state of affairs in Los Angeles may have a significant impression on the disaster bond market.
5. ILS sector poised to attract substantial capital inflows in 2025: Agecroft Partners
   Among the many hedge fund funding sectors set to profit from rising institutional investor curiosity in 2025, Agecroft Companions believes that reinsurance targeted insurance-linked securities (ILS) methods are “poised to draw substantial capital inflows in 2025.”
6. LA fires: “Considerable attachment erosion” likely for some aggregate cat bonds – Steiger, Icosa
   With loss estimates for the Los Angeles, California wildfires having risen, there’s now prone to be “appreciable attachment erosion” for some mixture disaster bonds that maintain publicity to the wildfire peril, Florian Steiger, CEO of Icosa Investments AG has stated.
7. Aetna targets its largest Vitality Re health ILS, $250m Vitality Re XVI 2025 issuance
   Aetna, the well being, medical and advantages insurance coverage unit of CVS Well being, is again within the insurance-linked securities (ILS) market and searching for what might grow to be its largest issuance within the long-standing Vitality Re collection.
8. Ryan Specialty to acquire Velocity Risk for $525m. FM to acquire Velocity E&S carrier
   Ryan Specialty has agreed to accumulate managing basic underwriter (MGU) Velocity Danger Underwriters, LLC from its present proprietor, funds managed by Oaktree Capital Administration, L.P. for $525 million, whereas insurer FM is about to accumulate the MGU’s extra and surplus (E&S) strains provider.
9. Hard market structural changes likely to endure in reinsurance: Howden
   Even whereas pricing throughout the reinsurance market has begun to say no from its traditionally excessive ranges, broking group Howden believes that the structural adjustments enacted in the course of the latest arduous market are prone to endure.
10. Swiss Re seeks $150m wind / quake retrocession from Matterhorn Re 2025-1 cat bond
    Swiss Re is again within the disaster bond market searching for $150 million or extra in North American earthquake and named storm retrocessional safety from capital market buyers, by a Matterhorn Re Ltd. (Collection 2025-1) transaction.

This isn’t each article revealed on Artemis over the last week, simply the most well-liked amongst our readers during the last seven days. There were 40 new articles published in the last week.

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