This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. BGC Group, Inc., the global brokerage and financial technology company, has added a new hire to its weather derivatives trading desk, taking Leah Loguidice from Arbol for a weather derivatives origination and structuring...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Aon’s segregated accounts company White Rock Insurance (SAC) Ltd. has filed a lawsuit in New York against China Construction Bank, alleging an “inside man” at the bank had represented that letters of credit...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. According to Ashish Agarwal, Co-founder & CTO of Weather Risk Management Services (WRMS), combining parametric insurance with traditional risk management strategies can provide a comprehensive framework for managing supply chain risks. In a...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Dr. Nigel Clarke, the Minister of Finance of Jamaica and the driver of that country’s multi-layered approach to disaster risk financing that includes the first catastrophe bond for a small-island state has been...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. NormanMax Insurance Holdings, the US based parametric insurance and reinsurance group that is the operator of the first pure-parametric syndicate at Lloyd’s, has announced the hiring of Jonathan Friedland from Universal Property &...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. In time, as wildfire risk models advance and the market becomes more accepting of them, Guy Carpenter executives suggest investor confidence may increase, resulting in a growing willingness to deploy ILS capital to...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The management of fronting specialist Clear Blue Insurance are praised for the rapid and determined response to the issues that arose when the company found itself caught up in the reinsurance letter of...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. NormanMax Insurance Holdings, the US based parametric insurance and reinsurance group launched by former Universal founder and CEO Bradley Meier, has expanded the reach of its parametric reinsurance solutions to include coverage for...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Sponsors of catastrophe bonds with parametric triggers may benefit from advances in data and analytics that can help them in gaining a better understanding of the basis risk inherent in these instruments, analysis...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Having recorded a lower benefit from its weather derivatives for the last contract year, US energy company Star Group (formerly Star Gas Partners) has lifted the top-end of its protection from the weather...