Artemis Live - Insurance-linked securities (ILS), catastrophe bonds (cat bonds), reinsurance

This was the opening panel session of Prospectus 2021, a new annual reinsurance and insurance-linked securities (ILS) conference brought to you by Artemis in collaboration with sister title Reinsurance News, in association with Kroll Bond Rating Agency (KBRA), panellists discussed the Covid-19 outlook for the re/insurance and ILS industry.  To start, Peter Giacone, Managing Director, Global Head o...

We spoke with Tom Johansmeyer, Head of PCS, today, to discuss the rioting and civil disturbance seen at the US Capitol buildings on January 6th 2021. While the rioting and disturbances seen yesterday won’t have any significant implications in terms of losses for the insurance and reinsurance industry, there is a lot to consider. Johansmeyer explained some of the backdrop to yesterday’s events , as...

Our latest podcast episode provides a review of the record levels of catastrophe bond and related insurance-linked securities (ILS) market issuance from the fourth-quarter and the full-year 2020. The catastrophe bond market broke records in 2020, with issuance reaching a new high of $11bn of property cat bonds, or $16.4bn if you include other classes of business and mortgage insurance-linked secur...

This podcast episode features an executive roundtable discussion we held in December 2020 that brought together industry participants to discuss key issues related to the insurance-linked security and catastrophe bond market’s readiness for and adoption of Environmental, Social and Governance (ESG) practices. This roundtable discussion sought to gain an understanding of the consequences of non-ESG...

Our latest podcast episode features an interview with Patrick Roder, Associate Partner and Global Head of ILS at Synpulse Management Consulting, who joined us recently to discuss the publication of a study analysing the results of our survey on the maturity of environmental, social, and governance (ESG) practices in the risk transfer, reinsurance and insurance-linked securities (ILS) markets.  Mar...

After our last podcast on the importance of being good custodians of capital, thought it might be interesting to discuss the potential for recency bias among investors that are pouring capital into the market right now. In this episode we discuss whether the cycle is dead, changed for good, or whether some people have just forgotten recent history and may be making decisions based on the reinsuran...

At this time of year with the reinsurance renewals fast-approaching and new capital entering the market from private equity investor backed raises and start-up launches, as well as insurance-linked securities (ILS), being good custodians of capital is especially important (but often neglected). In this podcast episode we touch on some of the reasons new capital can often find itself having to be t...

This episode features a panel discussion featuring three leading institutional investors that allocate to insurance-linked securities (ILS) and reinsurance linked investments.  The discussion was held at our recent ILS Asia 2020 conference and the experienced ILS investors explained what they really look for from their allocations to the ILS asset class, as well as some of the challenges they face...

Sidney Rostan, Head of ILS at SCOR Investment Partners is the latest industry executive to join our series of Artemis Live video interviews.  Leading insurance-linked securities (ILS) investments for the asset management group of global reinsurance company SCOR, Rostan shared his views on a specific topic of interest, the opportunity in industry-loss warranty (ILW) investments, as well as on ILS m...

This podcast episode features a panel discussion on life insurance linked securities, covering what cedants and investors need to know about life ILS as an asset class right now under the shadow of the COVID-19 pandemic.  The discussion was held at our recent ILS Asia 2020 conference and it was the first time we introduced life ILS to our Asian audience.  Overall, the impacts of the ongoing Covid-...

Christian Mumenthaler, Chief Executive Officer of the world's largest reinsurance company Swiss Re, joined us this month, to discuss how his company has fared since the pandemic, the state of the market and what his outlook and priorities are for 2021.  Mumenthaler discussed a wide range of topics, from the current status of Swiss Re as it deals with claims from the Covid-19 pandemic, to reinsuran...

Paul Schultz, Chief Executive Officer (CEO) of Aon Securities, the capital markets and insurance-linked securities (ILS) focused unit of the insurance and reinsurance broker, joined our ILS Asia 2020 conference to give a keynote speech in July 2020.  Schultz explained that the trend of insured against uninsured losses across the Asia Pacific region is not sustainable, and the insurance-linked secu...

Our latest interview features Peter Giacone, Managing Director and Global Head of Insurance at Kroll Bond Rating Agency (KBRA), who joined us to discuss how investor appetites have changed due to the coronavirus pandemic and what this means for the insurance-linked securities (ILS) sector.  Giacone explained that financial markets in general are seeing large flows from investors and that part of t...

This podcast episode features a panel discussion from our July 2020 virtual ILS Asia conference, participants discussed the opportunities for parametric risk transfer structures in the region, as well as how reinsurance and insurance-linked securities (ILS) markets can capitalise on them.  Speakers said there is a need for greater education and awareness, but that risk managers across Asia are bec...

This podcast episode features panellists at our recent virtual ILS Asia conference discussing important role of insurance-linked securities (ILS), such as catastrophe bonds and other capital markets backed reinsurance tools, in narrowing and closing protection gaps in the Asia Pacific region.  Featuring participants from the World Bank Treasury, reinsurance broker Guy Carpenter's GC Securities, la...

In this podcast episode we hear from Franz Josef-Hahn, CEO of Hong Kong headquartered reinsurance company Peak Re and Iain Reynolds, Director & Head of Analytics at Peak Re, who gave a keynote presentation on the developing Asia reinsurance and ILS market. The pair highlighted rapidly increasing probable maximum losses (PMLs) across Asia, as development and urbanisation accelerates at scale in...

For our next few podcast episodes we're going to share some of the audio from our recent virtual ILS Asia 2020 conference. More than 850 attendees have now watched sessions from the virtual conference, a figure that keeps on rising. To begin, this episode features Mr. Benny Chey, Assistant Managing Director (Development and International), Monetary Authority of Singapore (MAS). Mr. Chey discussed...

With the news that Integral ILS Ltd. is launching as a new Bermuda based ILS fund manager, I thought it would be interesting to look at the ILS start-up opportunity through the Integral ILS lens. Starting up is never easy, no matter the expertise of those involved, the quality of the provenance, or the blue-chip quality of the partners involved. In the case of Integral ILS, they have all three. Th...

Niklaus Hilti, Chief Executive Officer and Chief Investment Officer of Credit Suisse Insurance Linked Strategies, kindly joined us to discuss the current status of the ILS investment space and reinsurance market trends.  We began by discussing the impacts of the Covid-19 pandemic in insurance-linked securities (ILS). Hilti explained that the Credit Suisse ILS team had been closely watching the sit...

With hurricane season now officially underway we spoke with Jin Shah, Director, Capital Markets & Resilience and Jeff Waters, Senior Product Manager both of catastrophe risk modelling specialist RMS.  RMS provides risk analytics, modelling and data services to the insurance, reinsurance and insurance-linked securities (ILS) industry, so with hurricane season upon us we discussed the outlook fo...

In this podcast episode we discuss current reinsurance market dynamics and the balancing-act that is capital inflows vs pricing and rate pressure. In a recent article we said that it's a fine line between accolades achieved through raising significant sums of new capital and rate pressure returning to the reinsurance market. In this podcast we summarise some of these thoughts and go into more deta...

Matt Jones, Principal at financial technology (fintech), insurance or reinsurance technology (insurtech) venture capital investment firm Anthemis joined us for our latest video interview.  Jones talked about the venture investing thesis at Anthemis, the sectors of fintech and insurtech that excite the company, as well as his views on the insurtech wave that has spread across insurance and reinsura...

Michael Millette, Founder & Managing Partner at Hudson Structured Capital Management, a specialist alternative asset manager with a focus on sourcing insurance and reinsurance linked returns for its investors, joined us for our latest video interview.  Millette discussed insurance-linked securities (ILS) and reinsurance investing, giving his view on prospects for the ILS asset class beyond the...

We spoke with Sean Bourgeois, Founder & CEO of technology-based programmatic insurance and reinsurance risk transfer marketplace provider Tremor Technologies Inc.  Bourgeois explained how the marketplace Tremor has created works, as well as its value proposition for insurance and reinsurance market participants.  "We bring modern liquidity, while preserving relationships for cedents, brokers a...

In this episode we discuss the fascinating state of the insurance-linked securities (ILS) and reinsurance market at this time, focusing on catastrophe bonds, industry loss warranty's (ILW's), reinsurance sidecars, retrocesssion and the mid-year renewals. With speculative capacity now being seen in the market, speculative covers being sought, and rates hardening in property catastrophe reinsurance,...