Best of Artemis, week ending January 21st 2024

Here are the ten most popular news articles, week ending January 21st 2024, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish.

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Ten most read articles on Artemis.bm, week ending January 21st 2024:

Property cat reinsurance prices to slow meaningfully (but not decline): Goldman Sachs
Equity analysts at Goldman Sachs are expecting a meaningful slow-down in property catastrophe reinsurance pricing through 2024 and perhaps beyond, but at least for the year ahead, they are not anticipating any meaningful decline.
Fermat has best year ever in 2023. Attractive returns also expected for 2024: Houghton
Fermat Capital Management has been investing into catastrophe bonds ever since John and Nelson Seo launched the company in 2001, so it says something for the current attractiveness of the insurance-linked securities (ILS) asset class when you learn that Fermat’s cat bond funds had their best ever year in 2023.
Artemis Deal Directory surpasses one thousand catastrophe bonds & ILS listed
We have been collecting data and information about, analysing and tracking the catastrophe bond and insurance-linked securities (ILS) marketplace for a quarter of a century as Artemis, and we’ve just hit a new milestone.
Chaucer files to appear in Vesttoo bankruptcy case, registers $257m claim
International specialty insurance and reinsurance group Chaucer plc, part of the China Re group of companies, has formally entered the Vesttoo bankruptcy case, filing its appearance soon after having registered a $257 million claim under the court process.
Florida lawmakers debate Citizens expansion, could drive up reinsurance needs
Among the property insurance related topics up for debate in the Florida legislative session are measures that could trigger another growth surge for insurer of last resort Citizens Property Insurance Corporation, moves that would likely see it needing to grow its reinsurance and risk transfer.
Flexible capital & funding models like ILS can proliferate: Bain & Company
Insurance-linked securities (ILS) get a brief mention as a potential area of growth in finance that could “proliferate” as the world deals with a scenario where demand for investment surges, but supply and mobility slows down, in a paper from Bain & Company.
ILS NYC 2024 – Revealing our agenda, moderators and more speakers
We are pleased to reveal our agenda, expert moderators and some more speakers for our upcoming insurance-linked securities (ILS) conference in New York.
Swiss Re: $50m cyber ILW is “novel and complementary” retro cover
Swiss Re secured $50 million of cyber industry-loss warranty (ILW) cover recently in a transaction that the broker involved, Gallagher Re, is hailing as the first cyber retrocession ILW ever traded.
Investors poised to enjoy rewards from industry-wide reinsurance reset: Ching, ReFlex
Investors in the reinsurance sector, including those allocating to insurance-linked securities (ILS), are set to enjoy the rewards of the recent industry-wide reset, with higher returns available and good news to come from ILS managers, Neville Ching of ReFlex Solutions has said.
Allstate successfully doubles new Sanders Re cat bond to $400m
US primary insurer Allstate has successfully secured the targeted doubling in size of its latest catastrophe bond, with the Sanders Re III Ltd. (Series 2024-1) issuance pricing to provide the carrier $400 million in catastrophe reinsurance from the capital markets.

This is not every article published on Artemis during the last week, just the most popular among our readers over the last seven days. There were 29 new articles published in the last week.

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