This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. As anticipated, the Government of Mexico has returned to secure Pacific named storm protection from another new tranche of World Bank and IBRD facilitated catastrophe bond notes, as the country looks to finalise...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Parametric risk transfer, insurance and reinsurance solutions are seeing “significant market expansions,” according to Rowan Minhas of independent broker Miller. Broker Miller had commented on then state of the market around the start...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. With the insurance-linked securities (ILS) and reinsurance marketplaces being document-heavy, UK-based legal and regulatory technology company Scribestar has an ambition to streamline document production and compliance for these sectors and is rolling out...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Ascot Group, the specialist global re/insurance underwriter owned by Canadian pension allocator CPP Investments, has set up a dedicated global capability in parametric risk transfer, to offer products that are complementary to its...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The Government of Jamaica has returned to the catastrophe bond market as anticipated, with an initial target to secure at least $150 million in parametric named storm disaster insurance protection from the capital...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Risk modelling company Moody’s RMS has partnered with reinsurance brokerage firm Augment Risk to help serve clients looking to benefit from parametric reinsurance solutions, including large corporates with captives, Lloyd’s syndicates, and insurance-linked...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The Government of Mexico has now secured the upsized target of $420 million of parametric disaster insurance protection against earthquakes and Atlantic hurricane through its new World Bank facilitated IBRD CAR Mexico 2024...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The Government of Mexico has increased the target size for its latest catastrophe bond, with now up to $420 million of parametric disaster insurance protection for earthquake and hurricane events being sought from...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. According to Jay Madhu, the Chairman and Chief Executive Officer of Cayman headquartered reinsurer Oxbridge Re, the firm’s first series of tokenized reinsurance sidecar securities are set to deliver investors a 45% return,...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. International specialty insurance and reinsurance group Chaucer has announced its entry into the parametric weather risk transfer space, with the launch of a cover for weather-driven non-damage business interruption. Chaucer will be providing...