This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Arbol, a technology-led underwriter of parametric risk transfer, climate and weather insurance or reinsurance business, has raised a $60 million Series B round, as it looks to scale parametric insurance in response to...
April 2024
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The Government of Mexico is looking to upsize its Pacific named storm protection from its latest tranche of World Bank and IBRD facilitated catastrophe bond notes, with now up to $175 million in...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. According to the African Risk Capacity (ARC), a provider of parametric disaster insurance products to countries and other entities in Africa, the ongoing severe drought across the southern African region is expected to...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The Caribbean island nation of Jamaica is “pleased” to have secured coverage from its second World Bank supported catastrophe bond, Finance Minister Dr. Nigel Clarke has said, also citing his countries gratitude for...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Broking giant Marsh has bundled its parametric risk transfer specialism under a new umbrella practice of Global Alternative Risk Solutions, which will be led by Christophe Letondot and also tasked with helping clients...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The Government of Jamaica’s new World Bank facilitated catastrophe bond issuance remains at its initial $150 million in size, while the notes issued under this IBRD CAR Jamaica 2024 cat bond are now...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Arbol, a technology-led underwriter of parametric risk transfer, climate and weather insurance or reinsurance business, has employed Deanne Nixon, the former Chief Executive Officer of Florida-headquartered property insurer Weston. Nixon has joined Arbol...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Liberty Mutual Reinsurance (Liberty Mutual Re) has announced a partnership with seismic sensor tech-provider Safehub to enable it to offer what it is calling a market-first, a building-specific, sensor-based, parametric earthquake re/insurance product...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Arbol, a technology-led underwriter of parametric risk transfer, climate and weather insurance or reinsurance business, has established Lilypad Insurance as a homeowners specialist carrier and the subsidiary has acquired Centauri Insurance from Applied...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The issuance of IBRD CAR Mexico 2024, the Government of Mexico’s $420 million Mexico earthquake and Atlantic coast named storm catastrophe bond, “is a fundamental part of the federal strategy for Financial Management...