Best of Artemis, week ending October 20th 2024

Here are the ten most popular news articles, week ending October 20th 2024, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish.

Ten most read articles on Artemis.bm, week ending October 20th 2024:

1. Hurricane Milton coverage
   Loss estimates were announced by catastrophe risk modellers, while we continued to analyse and report on the potential catastrophe bond and insurance-linked securities (ILS) market impacts.
2. ILS NYC 2025 – Feb 7th. Register now to secure the Super Early Bird rate!
   Artemis returns to New York on February 7th 2025 for the ninth conference in the series and our eighth in-person event held in the city, with around 400 attendees expected to join us at ILS NYC 2025, we are now making Super Early Bird rate tickets broadly available.
3. Hurricanes to influence property rates in 2025. Cat bond issuance to be elevated: Doyle, MMC
   John Doyle, the President and CEO of Marsh McLennan, parent company to reinsurance broker Guy Carpenter, said just now that because of the recent hurricanes, an impact is expected on property insurance and reinsurance pricing for 2025, while he also said that the catastrophe bond market is expected to see elevated issuance over the coming months.
4. Webinar: Capital markets structures for originators (sidecars for MGA’s). Register to watch
   Artemis has partnered with Artex Capital Solutions to host a live webinar on November 21st 2024, in which our industry expert speakers will explore the use of alternative capital sources by originators of insurance risk, such as managing general agents (MGA’s).
5. PGGM / PFZW invest $200m into Mt. Logan Capital Management structure Scenery Re
   PGGM, the Dutch pension investment manager has allocated $200 million to a new quota share structure named Scenery Re on behalf of its end-client the Dutch pension PFZW, with the vehicle managed by Everest specialist unit Mt. Logan Capital Management, Ltd. (MLCM).
6. Phoenix sidecar – Challenges the norm, delivers for investors: William Ho, MS Amlin Asia Pacific
   Speaking with Artemis in a recent video interview, William Ho, the CEO of MS Amlin Asia Pacific, discussed the innovative Phoenix sidecar series of deals and explained that these challenged the norm of what is typically seen in insurance-linked securities (ILS) and the product has delivered for its investors.
7. New $400m Acorn Re parametric US quake cat bond offered with two tranches
   There is a new parametric earthquake catastrophe bond transaction in the market, the fifth in the series of Acorn Re deals. But for the first time this $400 million Acorn Re Ltd. (Series 2024-1) issuance features two tranches of notes, each with a different duration of coverage.
8. Arch Capital’s Voussoir Re sidecar lists 2024-9 preferred shares
   Collateralized reinsurance sidecar and special purpose insurance (SPI) vehicle Voussoir Re Ltd., which counts Arch Capital Group as its sponsor, has issued and listed a new series of 2024-9 preferred shares, the first seen to be listed by the structure since 2022.
9. 2024 insured catastrophe losses to be above average. Gallagher Re says $108bn after Q3
   Gallagher Re has reported that global publicly and privately insured catastrophe losses reached US $108 billion after the third-quarter, which once hurricane Milton and the rest of Q4 are added means the annual total for 2024 could be well-above the decadal average.
10. Scaling use of parametric risk transfer can help protect natural assets: Report
    The use of risk transfer and insurance arrangements are seen as a supporting mechanism for unlocking capital to power net zero and to protect natural assets, with scaled up use of parametrics seen as key, according to a new report from Howden and Pollination Group.

This is not every article published on Artemis during the last week, just the most popular among our readers over the last seven days. There were 34 new articles published in the last week.

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