
Articles
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2 days ago |
artemis.bm | Jack Willard
Reinsurers’ probable maximum loss (PML) exposures as a percentage of equity capital have remained relatively flat year-over-year at January 1, 2025, even as property catastrophe reinsurance pricing begins to decline, according to a new report from Moody’s Ratings. The report shows that modeled PMLs for U.S. wind, U.S. earthquake, and European wind perils were broadly stable compared with the prior year.
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2 days ago |
artemis.bm | Jack Willard
Catastrophe data aggregator PERILS has issued its fourth and final industry loss estimate for the floods that impacted southern Germany between May 31 and June 6, 2024, putting the insured market loss at €1.564 billion. This final figure compares to earlier estimates of €1.568 billion, which was issued six weeks after the event, €1.590 billion (three months after), and €1.582 billion (six months after), showing only minor adjustments over time.
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3 days ago |
artemis.bm | Jack Willard
Investor appetite for insurance-linked securities (ILS) continues to grow, but the asset class must evolve structurally to sustain momentum, address friction points like trapped capital, and engage a broader investor base, according to Rudy D’Cunha, Global Head of Insurance Services at Apex Group. During a recent interview with Artemis, D’Cunha shared his perspective on how the market is maturing, where innovation is focused, and what it will take to unlock the next wave of capital.
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3 days ago |
artemis.bm | Jack Willard
Global insurance and reinsurance broker Aon has appointed Dan Hartung as global head of event response within its Risk Capital division, as the firm seeks to strengthen its real-time catastrophe intelligence capabilities amid increasing demand for responsive and integrated disaster analytics.
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3 days ago |
artemis.bm | Jack Willard
New Zealand’s Natural Hazards Commission Toka Tū Ake (NHC), formerly known as New Zealand’s Earthquake Commission (EQC) Toka Tū Ake, has added more limit to its reinsurance tower, lifting the top by $1.15 billion for 2025, in a renewal securing $10.3 billion of cover for disaster losses in the country.
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