
Here are the ten most popular news articles, week ending February 9th 2025, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics.To ensure you never miss a thing or get our email alerts for every article we publish.Twelve Capital launches Parametric ILS Fund.
Partners with Descartes / Generali for origination Twelve Capital, the Zurich-headquartered insurance-linked securities (ILS) and reinsurance investment manager, has launched its first parametric ILS fund, working with Lumyna Investments for infrastructure and distribution, and parametric specialist Descartes Underwriting alongside Generali’s Global Corporate & Commercial arm for origination.USAA estimates $1.8bn of losses from LA wildfires Insurer USAA revealed that it has received more than 3,500 claims related to the California wildfires, with 86% of claims receiving initial payments of more than $1 billion, with the company projecting that its members’ wildfire losses will reach roughly $1.8 billion.Cat bond price mark-down from LA wildfires expands, with new names in focus The mark-to-market impact to catastrophe bonds from the Los Angeles, California wildfires has risen, as a number of cat bond names saw further mark-downs on pricing sheets last Friday, while some aggregate cat bonds saw negative movements that had not done so before.
LA wildfires trigger cat bond market’s first-ever negative January return: Icosa Recent estimates suggest that insured losses from the Los Angeles, California wildfires could be higher than anticipated.As a result, catastrophe bond prices are showing signs of weakness, with the market’s benchmark recording its first-ever negative January return since its inception over two decades ago, according to cat bond fund manager Icosa Investments AG.$40bn+ LA wildfire loss could disrupt retro market and potentially ILS: SCOR’s Conoscente According to Jean-Paul Conoscente, SCOR Global P&C CEO, if insurance and reinsurance market losses from the Los Angeles wildfires reach or surpass $40 billion, the retro market could potentially face significant disruption throughout 2025.
Aon Insurance Managers hires Shreeve as Director of ILS North America Aon Insurance Managers (IM), the unit of the global insurance and reinsurance broker that provides insurance management services, across commercial, captive and insurance-linked securities (ILS) vehicles, has hired Charlotte Shreeve as its new Director of ILS North America.Leadenhall hires PartnerRe’s Thomas as Director within its business development team Leadenhall Capital Partners, the London headquartered specialist insurance linked securities (ILS) and reinsurance related investments manager, has hired experienced ILS fundraising executive Barthelemy Thomas as Director within its business development team, where he will report to Lorenzo Volpi, Managing Partner and Deputy CEO.Cat Bond ETF liquidity Q&A: Brookmont Capital Management and King Ridge Capital Advisors The awaited launch of the Brookmont Catastrophic Bond ETF is nearing and Artemis spoke with Ethan Powell, Principal & Chief Investment Officer of Brookmont Capital Management, LLC and Rick Pagnani, co-founder of King Ridge Capital Advisors LLC, to learn more about the strategy and their thoughts on how they see it developing.
Allstate expects $1.1bn, pre-tax, net of reinsurance loss from CA wildfires Allstate expects its losses from the recent Los Angeles, California wildfires will be around $1.1 billion, pre-tax and net of reinsurance, which has implications for the erosion of aggregate Sanders Re catastrophe bond deductibles and may result in recoveries under its Nationwide excess-of-loss reinsurance tower.Gallagher Securities promotes Bolding to CEO as Dubinsky transitions to Chairman Gallagher Re has announced that insurance-linked securities (ILS) veteran Jason Bolding has been promoted to Chief Executive Officer (CEO) of Gallagher Securities, the firm’s ILS and capital markets broker-dealer division, while Bill Dubinsky moves into the role of Chairman.This is not every article published on Artemis during the last week, just the most popular among our readers over the last seven days.
.To ensure you always stay up to date with Artemis and never miss a story ..
.Get listed in our ..All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance can be accessed online.
Our can be subscribed to using the typical podcast services providers, including Apple, Google, Spotify and more.
Publisher: Artemis