Artemis Newsletter - February 19th 2025

Our news and analysis from the last week ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Web version |  Update preferences |  Forward Artemis Newsletter - February 19th 2025 Artemis News Log - Cat bond market poised for another strong year in 2025: Brad Adderley, Appleby - Investing in ILS the right decision. Buying every cat bond less advisable: Icosa - Elementum launches Njord Cat Bond Fund, with higher-yield US wind-focus - American Integrity increases Integrity Re III cat bond target 69% to $550m - Man AHL planning to launch UCITS catastrophe bond fund strategy - Reinsurance growth expectations reset higher as market recalibrates on losses: Berenberg - Kairos and CHAZ Brokers develop parametric typhoon cover for offshore aquaculture firm - Potential wildfire cat bond losses may bolster investors' desire for greater returns: AM Best - Moody's hires PCS' Alex Mican for ILS advisory and business development - Intersection of legacy and ILS could drive deal flow in 2025: PwC - Allstate seeks $300m occurrence multi-peril reinsurance from Sanders Re 2025-1 cat bond - Hiscox secures $200m Ocelot Re 2025 cat bond at reduced pricing - Cat bond market made ~$440m of recovery payments to sponsors in 2024: Swiss Re - Security First raises First Coast Re IV 2025 cat bond target, now up to $250m - Topanga Re cat bond price recovers further, as risk of wildfire loss seen declining - Insurance claims paid so far after LA wildfires exceed $6.9bn - Catastrophe bond market already on-track for record Q1 issuance in 2025 - Subrogation may decide if LA fires one event or two for Mercury under its reinsurance - SageSure secures largest cat bond yet, as $520m Gateway Re 2025 priced at low-end - Twelve Securis merger completes, creating one of the largest ILS managers with $8.5bn - Flood Re targets debut £100m Vision 2039 UK flood catastrophe bond - Price guidance drops on Hiscox's Ocelot Re 2025-1 cat bond issuance - Cat bonds remain vital for risk management as investor appetite holds strong, says RBC - CatIQ lifts industry loss from Hurricane Debby flooding in Ontario & Quebec to over C$2.8bn - Potential $200bn catastrophe loss year in 2025 could recalibrate entire industry: Zaffino, AIG - AIG improves aggregate cover, expects fee income from new sidecar syndicate: CEO Zaffino - Cyber cat bonds and ILS may become narrower in coverage scope: CyberCube - Cat bond outlook positive, despite distortion seen in index deals: Man Group - Africa Specialty Risks appoints Sylvain Coutu to lead its Parametric division - Mercury pegs wildfire losses at $1.6bn to $2bn, says parametric reinsurance won't respond - NFIP hurricane Helene loss estimate range stretched higher to top-end of $7.4bn - Suncorp looking to reinsurance "alternatives" for next renewal For continuous coverage in real-time visit Artemis. For details of the latest catastrophe bonds visit our Deal Directory (containing over 1,000 entries.) Featured Conferences & Events Stay tuned for details of future Artemis events   We will soon announce dates for our next ILS market conferences in 2025, so stay tuned. Conference dates to follow soon Reinsurance News Reinsurance News is a our sister service which delivers the reinsurance news that matters directly through our responsive website and by email to your inbox. The Reinsurance News website has over 200k readers every single month and it covers the most important reinsurance news, hand selected by an experienced team of researchers and journalists with years of reinsurance industry experience. Sign up here to receive your daily Reinsurance News. Stay in touch with Artemis Please get in touch if you would like to submit news, events or information for publication. We welcome submission of useful market data which we can publish to help expand your reach. Advertising and sponsorship opportunities are available. With a large audience of 60,000+ readers every month Artemis is the perfect place to showcase your specialty to ILS industry professionals. Contact us for more details. You can unsubscribe from these newsletters at any time using the link at the foot of this email. We hope you won't and promise to only send market update and news, or relevant updates related to our services. Best wishes and enjoy Artemis. Steve Evans. Owner, Editor - Artemis E-Mail: steve@artemis.bm Tel: +44(0)7711-244697 If you enjoy this newsletter and find it useful please pass it on and share it with your colleagues. If you've been forwarded this but want to subscribe, visit artemis.bm.     Our Sponsors                 ADVERTISE YOUR BRAND OR SERVICES HERE DEAL DIRECTORY View details of almost 1,000 catastrophe bonds and related ILS deals CHARTS & VISUALISATIONS View our range of catastrophe bond market charts and visualisations CAT BOND MARKET REPORTS Download our quarterly cat bond market reports VIDEOS & PODCASTS Watch video interviews, panel discussions and listen to our podcast EVENTS CALENDAR View details of and register for our next ILS market conferences

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