Here are the ten most popular news articles, week ending 16th August 2020, 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..

Rising reinsurance prices have growing momentum behind them, as the sector comes under increasing pressure from losses due to the Covid-19 pandemic, while at the same time capacity in the market has been constrained, according to Fitch Ratings.The eventual insurance and reinsurance market loss from last week’s devastating explosion in the port area of Beirut, Lebanon is seen as around 30% of an estimated $5 billion to $10 billion economic cost, by the country’s insurance association.Global reinsurance firm Munich Re has appointed René Mück as its new Head of Capital Partners, Americas, the division where much of its risk trading, insurance-linked securities (ILS), catastrophe bond and retrocession activities take place.

Private equity and alternative investment giants of the world are increasingly demonstrating why access to insurance premium float, as a form of assets under management, is an attractive prospect, with KKR’s acquisition of Global Atlantic the latest clear example.It also shows their appreciation for bringing third-party capital into re/insurance.Elementum Advisors, LLC, the insurance-linked securities (ILS) fund management and collateralised reinsurance underwriter, has announced a new strategic hire in Jeff Davis, who will join the investment manager in September from his most recent position at Aon Securities.

QBE, the Australian headquartered global insurance and reinsurance group, said this morning that its claims from the Covid-19 pandemic have taken it very close to attaching its aggregate reinsurance cover.Reinsurance is now in “a hard market phase” across much of the market as the major players need to protect their earnings and capital against the still potentially unknown losses that could arise from the Covid-19 pandemic, according to analysis from Fitch Ratings.It’s up to insurance, reinsurance and ILS market participants to improve the acceptability of parametric insurance structures across the Asia Pacific region, say industry experts.

Nephila Capital, the world’s largest ILS and reinsurance fund manager, is to provide weather risk capacity to support The Demex Group, a climate risk focused insurtech start-up, as it comes out of stealth with a mission to provide financial risk solutions to deliver greater climate resilience.SiriusPoint, the new Class of 2020 international insurance and reinsurance firm being launched out of the coming together of Third Point Re and Sirius Group, sees ILS as “an option to consider” in terms of its capital use, CEO Sid Sankaran told us in an interview.This is not every article published on Artemis during the last week, just the most popular, some of which were published over a week ago.

.To ensure you always stay up to date with Artemis and never miss a story subscribe to our weekly email newsletter which is delivered every Wednesday.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.