Better of Artemis, week ending January twenty sixth 2025 – Artemis.bm

Listed here are the ten hottest information articles, week ending January twenty sixth 2025, protecting 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 twenty sixth 2025:

1. LA wildfires: 17,027 structures damaged or destroyed. Insured loss estimates avg $32.5bn
   Based on official knowledge from California fireplace authorities, the wildfires within the Los Angeles area have broken or destroyed 17,027 constructions up to now, whereas the early insurance coverage trade loss estimates from danger modellers common $32.5 billion.
2. Catastrophe bond prices move again on LA wildfires, ~$200m write-down so far
   Some disaster bonds noticed additional unfavourable secondary market worth actions resulting from potential publicity to combination attachment erosion, or precise losses, from the Los Angeles and Southern California wildfires.
3. Lloyd’s reaches $1.92bn of capital deployed through London Bridge ILS platform
   The Lloyd’s insurance coverage and reinsurance market has reported that its London Bridge danger transformation and insurance-linked securities (ILS) platform has now seen $1.92 billion of capital deployed by means of its cells, with $2.55 billion of capital dedicated.
4. Brookmont Cat Bond ETF definitive prospectus filed. NYSE ticker to be ILS
   A definitive prospectus has now been filed with the SEC for the Brookmont Catastrophic Bond ETF, a brand new change traded fund technique that shall be predominantly targeted on the disaster bond and insurance-linked securities (ILS) asset class.
5. Aetna secures sixteenth Vitality Re health ILS as largest ever at $250m
   Aetna, the well being, medical and advantages insurance coverage unit of CVS Well being, has now finalised the main points of its sixteenth well being and medical profit declare linked insurance-linked securities (ILS) deal, securing the focused $250 million of reinsurance from the Vitality Re XVI Ltd (Sequence 2025) issuance and making it the biggest Vitality Re deal but.
6. Mercury says TBC whether LA wildfire losses one event or two under its reinsurance
   Mercury Basic Company, one insurance coverage firm with significant publicity to claims from the Los Angeles, California wildfires, has stated at this time that it has not but decided whether or not it can take into account the fires as two separate occasions underneath its reinsurance preparations.
7. Catastrophe bond sponsor leaderboard added 40+ new entries in just over three years
   One of many imperatives for development of the disaster bond market has at all times been the onboarding of latest first time cat bond sponsors into the market and Artemis’ knowledge signifies over 40 have been added to our catastrophe bond sponsor leaderboard in simply over three years.
8. Fermat Capital Management hits milestone $10bn cat bond and ILS assets managed
   Fermat Capital Administration, the specialist disaster bond and insurance-linked securities (ILS) funding supervisor, reached a brand new milestone by way of cat bond and ILS property underneath administration on the finish of 2024, surpassing the $10 billion degree for the primary time.
9. Larger ILS market to offer broader risk management, more diversification: Jefferies
   With the disaster bond and insurance-linked securities (ILS) market anticipated to proceed rising by analysts at funding financial institution Jefferies, they are saying that this may necessitate a continued enlargement additional into new and secondary perils, to supply broader danger administration for re/insurers and an more and more diversified funding selection for allocators.
10. Reinsurance losses from LA wildfires unlikely to change trajectory of pricing: Evercore ISI
    In a latest replace on the Los Angeles and Southern California wildfires, Evercore ISI analysts have stated they consider that losses from the occasion are unlikely to alter the trajectory of reinsurance pricing, which the agency anticipates will nonetheless be down 10% to twenty% on the mid-year renewals.

This isn’t each article printed on Artemis over the past week, simply the preferred amongst our readers over the past seven days. There were 36 new articles published in the last week.

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