Here's our latest Friday wrap-up of key news from the week.
The full agenda is now available for our Artemis London 2026 conference. Register soon as tckets are selling fast!.
This week we reported on AM Best's first reinsurance reports released in advance of the Monte Carlo RVS (our team will be at the event and hope to see you there).
AM Best said reinsurance is at an inflection point, noting that the key question now is whether irrational competition emerges.
The rating agency alongside Guy Carpenter also forecast that third-party capital is expected to expand to $130bn by the end of this year, by their figures.
Vantage Risk's third-party capital partnerships business under the AdVantage structure earned $23m in ILS fee income in Q2.
Insurer Zurich revealed a $1bn quoate share reinsurance arrangement to support its data centre risk underwriting.
While Allianz projected that the data centre insurance market could grow to exceed $24bn by 2030.
In other stories this week, Florida property insurer Mangrove announced its first reinsurance sidecar structure, Grove Re.
Hannover Re expects property cat price reductions will begin to decelerate now that rates have come down for two consecutive years.
Catastrophe bond seasonal spread tightening gained momentum in July, according to Plenum Investments.
UCITS cat bond funds had a strong July, averaging a 1.15% return across the group.
Samoa's adaptation plans call for a region catastrophe bond for the Pacific, as well as more parametric risk transfer.
Losses from US severe convective storm activity has ramped up in recent weeks, while Gallagher Re estimates US SCS losses are over $35bn YTD.
The Bermuda Stock Echange has continued to grow its share of the market, as listed ILS on the exchange reached a new high of $70.5bn.
Finally, if you haven't seen them, Artemis has a wealth of data and analytics on the catastrophe bond and broader ILS market. View our charts and Deal Directory.
Catch up on our video interviews with ILS market leaders here.
If you prefer to listen, subscribe to our podcast series for audio interviews & additional special episodes.
We'll be back next week with more regular coverage.
We hope you have a safe & relaxing weekend.
No comments:
Post a Comment