This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Twelve Securis, the specialist insurance-linked securities investment manager, is not anticipating any impact to the World Bank catastrophe bond or any of the firm’s private ILS positions due to losses caused by major…
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Major hurricane Erick has made landfall on the coast of Mexico with 125 mph sustained winds in the state of Oaxaca and the NHC reports the minimum central pressure at 950mb, which is…
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Were major hurricane Erick to trigger the $175 million IBRD CAR Mexico 2024 (Pacific) catastrophe bond that provides disaster insurance to the Mexican government, it could reignite the debate surrounding parametric triggers, given…
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Rapid intensification of tropical storm Erick into a major hurricane has brought Mexico’s Pacific coast hurricane parametric catastrophe bond, the $175 million IBRD CAR Mexico 2024 (Pacific) issuance, sharply into focus, as Erick’s…
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Descartes Underwriting, the parametric risk transfer specialist, has secured a strategic investment from Battery Ventures, a global technology-focused global investment firm. The transaction was executed at a premium to Descartes’ most recent Series…
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. SV SparkassenVersicherung (SV) is setting its sights on future catastrophe bond activity after making its market debut earlier this year with the $100 million Liongate Re DAC issuance, a landmark deal co-sponsored with…
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. SV SparkassenVersicherung (SV) is setting its sights on future catastrophe bond activity after making its market debut earlier this year with the $100 million Liongate Re DAC issuance, a landmark deal co-sponsored with…
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The Government of Jamaica has prepared itself for the 2025 hurricane season with a further increase to its National Natural Disaster Risk Financing Policy arrangements, with the largely parametric reserves and contingent financing…
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. As South Asia faces escalating threats from extreme weather events, the World Bank Group is urging policymakers to scale up innovative financial tools such as weather-index insurance to help households and businesses manage…
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The Board of African Risk Capacity Limited (ARC Ltd), the financial affiliate and parametric insurance underwriting entity of the African Risk Capacity (ARC) Group, has announced the appointment of David Maslo as interim…