Listed here are the ten hottest information articles, week ending December 1st 2024, protecting disaster bonds, ILS, reinsurance capital and associated threat switch subjects. To make sure you by no means miss a factor subscribe to the weekly Artemis email newsletter updates or get our email alerts for each article we publish.
Ten most learn articles on Artemis.bm, week ending December 1st 2024:
- Catastrophe bond market set for record issuance in 2024, if pipeline completes
It’s official. If the present pipeline of latest offers all full earlier than year-end, at their present focused sizes or bigger, then the disaster bond market will set a brand new report for main issuance in 2024 of roughly $16.54 billion, in keeping with Artemis’ Deal Listing information. - Mapfre Re targets $100m US wind retro from debut Recoletos Re catastrophe bond
Mapfre Re has entered the disaster bond marketplace for the primary time, with a goal to safe $100 million in annual combination US named storm retrocession from the capital markets with its debut Recoletos Re DAC (Collection 2024-1) issuance, Artemis has discovered. - Rising catastrophe losses absorb excess capital in the reinsurance system: Berenberg
As losses from pure disaster and extreme climate proceed to rise world wide, analysts at funding financial institution Berenberg imagine this implies there may be “no extra capital buildup among the many conventional reinsurers,” main them to anticipate a “strong-for-longer” reinsurance cycle. - Italian asset manager Quaestio launches ILS fund-of-funds strategy with €130m
Quaestio Capital SGR S.p.A., an Italian asset supervisor based mostly in Milan, has launched its first insurance-linked securities (ILS) fund technique and has raised €130 million for it, with a plan to speculate throughout disaster bonds and personal ILS preparations by way of a multi-manager, fund-of-fund allocation strategy. - OAK Re Syndicate 2843 approved to underwrite from 1/1, backed by Bain & Hampden
Oak Reinsurance (OAK Re) has been accepted to start underwriting within the Lloyd’s market by way of its Syndicate 2843 from 1/1 2025 and is launching with non-public fairness backing from Bain Capital and personal capital help from Hampden Companies. - Adjusting ILS exposure for July hurricane forecast can deliver excess returns: Euler, TSR study
Making changes to the publicity of insurance-linked securities (ILS) portfolios based mostly on inputs gleaned from the early July hurricane season forecast can drive alternatives to generate extra returns in reinsurance, in keeping with a examine from Euler ILS Companions and Tropical Storm Threat (TSR). - Fidelis sponsoring sixth and largest Herbie Re catastrophe bond to-date
Fidelis Insurance coverage is again within the disaster bond market and in search of to sponsor what will likely be its sixth Herbie Re disaster bond, with a goal to safe its largest issuance but because the Herbie Re Ltd. (Collection 2024-2) transaction targets greater than $300 million in retrocessional reinsurance for the corporate. - COP29 ends with Loss and Damage fund progress, strategic direction set for Global Shield
COP 29, the United Nations Local weather Change Convention held in Baku, Azerbaijan, has drawn to an in depth with settlement on sure areas and progress being made on the much-discussed Loss and Harm, in addition to the World Protect, two applications of some relevance to insurance coverage, reinsurance and insurance-linked securities (ILS) markets. - UCITS cat bond funds average 12.1% YTD return to Nov 15th
The group of disaster bond funds within the UCITS format have already reached a year-to-date return of 12.1% by November fifteenth, because the Plenum CAT Bond UCITS Fund Indices continues to display the very engaging returns doable from cat bond investments. - ILS fund Index returns 0.81% for October 2024 despite hurricane Milton: ILS Advisers
Reflecting the flexibility of nearly all of the market to soak up preliminary mark-to-market losses from hurricane Milton inside simply a variety of weeks, the broad benchmark index for insurance-linked securities (ILS) funds, the Eurekahedge ILS Advisers Index, delivered a optimistic 0.81% return for the month of October 2024.
This isn’t each article printed on Artemis over the last week, simply the most well-liked amongst our readers during the last seven days. There were 25 new articles published in the last week.
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