Descartes Underwriting hires Ola Jacob for UK & Ireland biz dev role
Parametric insurance and data-driven risk transfer specialist managing general agency (MGA) Descartes Underwriting has announced the hiring of Ola Jacob,.. Read More
personal Insurance
AM Best turns negative on US homeowners insurance
Rating agency AM Best has cited higher reinsurance costs, higher reinsurance retention levels, elevated natural catastrophe and secondary peril costs,,.. Read More
Delta in ILS and traditional property cat pricing "a clear signal" - Aon
The delta between pricing in insurance-linked securities (ILS) and traditional property catastrophe reinsurance is providing “a clear signal” to the,.. Read More
ILS ESG Transparency Initiative formed, as Swiss group add global ILS managers
The ILS ESG Transparency Initiative has been formed as a new insurance-linked securities (ILS) industry group focused on enhancing environmental,,.. Read More
Vesttoo seeks to recover $200m+ from co-founders Bertele & Lifshitz
Under-fire Israeli insurtech Vesttoo, which is at the heart of a letter of credit (LOC) fraud scandal, is now claiming,.. Read More
Expected capital flows won't disrupt reinsurance renewal discipline: KBW
According to analysts at KBW, in summing up their takeaways from the recent Monte Carlo Rendez-Vous meeting of the reinsurance,.. Read More
Best of Artemis, week ending September 17th 2023
Here are the ten most popular news articles, week ending September 17th 2023, covering catastrophe bonds, ILS, reinsurance capital and,.. Read More
Beazley sponsors third cyber catastrophe bond, $16.5m Cairney III
Beazley, the London headquartered specialty insurance and reinsurance underwriter, has now added a third privately placed cyber catastrophe bond, taking,.. Read More
Property cat "broadly" rate adequate, but capital will leave if that slips: RenRe CEO O'Donnell
Property catastrophe reinsurance business is now deemed to be “broadly” rate adequate for the investors his firm cedes risk to,,.. Read More
Higher layer reinsurance demand can drive catastrophe bond market growth
One of the talking points at the Monte Carlo Rendez-Vous over recent days was the expectation that more demand for,.. Read More
A $100bn reinsurance capital supply-demand imbalance: Everest CEO Andrade
The industry is facing a roughly $100 billion gap between supply of reinsurance capital and the demand for it, but,.. Read More
NFIP's reinsurance set to trigger as hurricane Ian claims hit $4.3bn
Artemis can report that the reinsurance carriers participating in the lowest layer of FEMA’s 2022 National Flood Insurance Program (NFIP),.. Read More
