Better of Artemis, week ending January fifth 2025 – Artemis.bm

Listed here are the ten hottest information articles, week ending January fifth 2025, overlaying disaster bonds, ILS, reinsurance capital and associated danger switch matters. 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 January fifth 2025:

1. Stone Ridge’s flagship ILS fund returns 92% in two years, casualty reinsurer Longtail Re outperforms
   Stone Ridge Asset Administration, the New York based mostly different danger premia centered funding supervisor, had one other robust yr for its reinsurance funding methods and ventures in 2024, which CEO Ross Stevens describes in his newest investor letter whereas additionally explaining a few of what makes the agency so fascinating.
2. Swiss Re cat bond Index delivers 17.29% total-return in 2024, second-highest ever
   The disaster bond market delivered the second-highest total-return in its historical past in 2024, reaching 17.29% for the full-year, in line with knowledge from the Swiss Re Cat Bond Efficiency Indices.
3. Property cat pricing declines 8%, retrocession falls 13.5% at January renewal: Howden
   On the January 2025 reinsurance renewals broking group Howden estimates that risk-adjusted pricing for property disaster treaty enterprise declined by 8%, whereas retrocession pricing fell additional by 13.5%.
4. Record cat bond issuance of $17.7bn in 2024 takes outstanding market near $50bn: Report
   Disaster bond and associated insurance-linked securities (ILS) market issuance of $4.5 billion within the fourth-quarter was adequate to take the full-year 2024 whole to a document $17.7 billion, whereas the excellent market reached a brand new all-time-high of $49.5 billion, Artemis’ new quarterly cat bond market report reveals.
5. Excess capacity drives loss-free property cat rates down 5% to 15% at renewal: Guy Carpenter
   Robust appetites from conventional reinsurance and different capital suppliers have resulted in extra capability that has served to drive loss-free property disaster charges down between 5% and 15% on the January 1st 2025 renewals, in line with Man Carpenter.
6. Munich Re starts Eden Re II 2025 sidecar with $64.5m Class A notes, largest since 2019
   Munich Re has been again within the capital markets to safe quota share based mostly retrocession and to start out the 2025 sidecar association for the reinsurer, its Eden Re II Ltd. collateralized reinsurance automobile has issued $64.5 million of Collection 2025-1 Class A notes, which is the most important Class A tranche from the construction since 2019.
7. Easing of retro market conditions bolstered 1/1 reinsurance renewal capacity: Aon
   An easing of circumstances within the retrocession market has helped to bolster capability upfront of the January 1st 2025 reinsurance renewals, leading to a scenario the place capital was greater than enough to fulfill rising shopper demand, dealer Aon has stated.
8. Competitive ILW pricing drives considerable buyer interest at renewal: Howden Re
   Aggressive pricing for industry-loss guarantee (ILW) safety has pushed “appreciable curiosity from a rising demographic of patrons” on the January 1st 2025 reinsurance renewals, in line with dealer Howden Re.
9. Silk Road Re cat bond achieves “effective diversification” for Taiping Re: CEO
   Silk Street Re Restricted, the debut disaster bond sponsored not too long ago by Taiping Re and issued out of Hong Kong, has helped the reinsurance firm obtain “efficient diversification” inside its disaster danger administration, because it seems to pursue a dual-pillar safety method of retrocession and insurance-linked securities (ILS), its CEO stated.
10. Arch Re hires Mt. Logan’s Chase as Deputy General Counsel, Capital Partners & Reinsurance
    Arch Re, the reinsurance underwriting arm of worldwide re/insurer Arch Capital Group, has employed Nicole Chase who was most not too long ago at Everest’s third-party capital and ILS platform Mt. Logan, as Deputy Normal Counsel for Arch Re Capital Companions & Reinsurance.

This isn’t each article printed on Artemis over the last week, simply the preferred amongst our readers during the last seven days. There were 20 new articles published in the last week.

To make sure you all the time keep updated with Artemis and by no means miss a narrative subscribe to our weekly email newsletter which is delivered every Wednesday.

View the current breakdown of the ILS market in our range of charts, allowing you to analyse cat bond issuance.

Check out the assets under management of the ILS fund market with our ILS investment manager directory.

Get listed in our MarketView directory of professionals.