Artemis

Launched in 1999, Artemis is the longest running media source providing news, analysis & data on the catastrophe bond, insurance linked security, non-traditional reinsurance capital and associated risk transfer markets.

Brexit could result in London losing re/insurance business: Fitch

The fallout from the UK's vote to leave the European Union, or Brexit as it's more commonly known, could result in lost business for the London insurance and reinsurance market, unless the UK government can negotiate continuity of passporting rights. Brexit was always going to hit the insurance and reinsurance sector in London, with Lloyd's of London, London market re/insurers and even some ILS fund managers potentially exposed to business difficulties...

Lloyd’s puts Index on hold, as Brexit takes priority

The Lloyd’s of London insurance and reinsurance market has put its plans to launch an index for diversified insurance risks, featuring loss ratios and data on the insurance market's performance, on hold as understanding the impact of Brexit takes priority. The Lloyd's Index service was being designed to offer either line specific or whole-of-market indices and date, which could be used in risk transfer transactions, such as an industry loss warranty (ILW) or other derivative type structures. The Index could provide a way for alternative capital to gain greater access to Lloyd’s business, as well as a way...

Lloyd’s safe from immediate Brexit hit, long-term uncertain: J.P. Morgan

Analysts at J.P. Morgan have commented on the impact the Brexit vote might have on Lloyd’s of London insurers and reinsurers, stressing that while the long-term implications remain uncertain, Lloyd’s players don’t appear overly concerned for the near-term. Like the rest of the financial industry in the UK, insurers and reinsurers at Lloyd’s of London, and the wider London re/insurance industry have been questioning the impacts of Brexit on their operations...

Longevity risk transfer more attractive in wake of Brexit vote: Hymans

In the context of the risk of yields on UK gilts staying low for longer, or getting even lower, increasing following the countries recent Brexit vote to leave the European Union, Hymans Robertson believes pensions may be facing up to 50% more in longevity related liability costs. As a result of this increase the use of longevity risk transfer instruments, such as longevity swaps, and the requirement for longevity reinsurance capacity may grow, as pensions...

Reinsurers best positioned post Brexit: Deutsche Bank

As the solvency ratios of European insurers and reinsurers fluctuate after the UK’s recent vote to leave the EU, analysts at Deutsche Bank have highlighted reinsurers as the “relative safe haven” among European players in light of current, and further expected market volatility and uncertainty. Unsurprisingly, the solvency ratios of European insurers and reinsurers declined in the days after Brexit, and while they were seen to recover, in part, the inherent...