Better of Artemis, week ending March 2nd 2025 – Artemis.bm

Listed below are the ten hottest information articles, week ending March 2nd 2025, overlaying 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 March 2nd 2025:

1. State Farm pegs LA wildfire loss at $7.6bn, with $212m retained after reinsurance
   US main insurance coverage large State Farm has stated that its direct losses from the Los Angeles, California wildfires are presently estimated at $7.6 billion, however after vital reinsurance recoveries solely $212 million is anticipated to be retained.
2. Artemis’ measure of catastrophe bond market size surpasses $50bn for the first time
   For the primary time since we’ve been monitoring the disaster bond market, Artemis’ measure for the scale of the market, primarily based on our estimate of disaster bond threat capital excellent, has surpassed the $50 billion mark, as 2025 issuance continues to outpace the heavy maturity schedule.
3. TWIA sets PML at $6.227bn for 2025, to require $4.227bn of reinsurance & cat bonds
   The Board of the Texas Windstorm Insurance coverage Affiliation (TWIA) met and one merchandise up for dialogue was the setting of the 1-in-100 12 months possible most loss (PML), a essential determine for outlining its funding wants for the hurricane season and due to this fact its purchases of reinsurance and disaster bonds for 2025.
4. Berkshire Hathaway sees $1.3bn LA wildfire loss, wrote less property reinsurance in 2024
   The Berkshire Hathaway insurance coverage and reinsurance companies are estimated to face losses from the Los Angeles, California wildfires amounting to as a lot as $1.3 billion, whereas the corporate additionally disclosed underwriting fewer property reinsurance premiums in 2024.
5. RenaissanceRe to grow DaVinciRe firepower with $300m private debt issuance
   RenaissanceRe, the Bermuda-based reinsurance agency and third-party capital administration specialist, is planning to additional broaden the balance-sheet of its DaVinciRe sidecar-like third-party capitalised reinsurance joint-venture by a $300 million non-public debt issuance.
6. Evolving cat models & shifts in climate driving attraction towards ILS: Twelve Securis
   In keeping with Twelve Securis, the specialist insurance-linked securities (ILS) supervisor, the mixture of developments being seen in disaster modeling, together with shifting local weather patterns, and the flexibility to generate uncorrelated returns, is making ILS an more and more enticing funding amid a quickly altering threat panorama.
7. AXIS registers Monarch Point Re casualty collateralized insurer for 2025
   AXIS Capital, the specialty insurance coverage and reinsurance firm, has registered a fourth collateralized insurer class of firm in Bermuda to assist additional growth of its Monarch Level Re casualty insurance-linked securities (ILS) platform in 2025.
8. Hiscox reports record ILS fee income of $128m, benefits from $460m of inflows
   Hiscox ILS, the devoted insurance-linked securities (ILS) administration arm of the worldwide re/insurer, generated a file degree of third-party reinsurance capital associated price revenue in 2024, helped by robust efficiency charges and vital new inflows in the course of the 12 months.
9. Munich Re retrocession and sidecar program stable at $1.55bn for 2025
   Munich Re has renewed its retrocessional reinsurance program preparations to offer $1.55 billion in safety for 2025, utilising each conventional retro and capital markets by its sidecars and disaster bonds at a secure degree with the prior 12 months.
10. Swiss Re says LA wildfire loss below $700m, grows P&C Re 7% at Jan renewal
    Swiss Re disclosed that it anticipates losses from the January 2025 wildfires in Los Angeles, California can be under $700 million, whereas additionally reporting robust progress on the January renewal season for its property and casualty reinsurance enterprise.

This isn’t each article revealed on Artemis over the past week, simply the most well-liked amongst our readers during the last seven days. There were 32 new articles published in the last week.

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