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 a new Chief Underwriting Officer in...
August 2024
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Communications specialist Liberty Latin America is expecting a $44 million payout from parametric weather derivatives after the passage of hurricane Beryl triggered these instruments for the company. Liberty Latin America is one of...
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), the reinsurance arm of the Liberty Mutual insurance group, is providing the capacity to support a new parametric insurance program to benefit Kenyan coffee growers. Working with...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. African Risk Capacity Limited (ARC Ltd.), the financial affiliate and parametric insurance underwriting entity of the African Risk Capacity (ARC) Group, has commemorated its ten-year anniversary and said it has now paid out...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Nagaland, a mountainous state in northeast India, remains the first state in India to buy parametric disaster insurance to protect itself and its critical infrastructure against the impacts of natural catastrophes. State focused...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. A pair of lawsuits that allege China Construction Bank staff were complicit in the reinsurance collateral fraud perpetrated by executives at Vesttoo could now be combined, as the Southern District of New York...
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Generali Global Corporate & Commercial has appointed alternative risk transfer and capital solutions executive Michele Pignoli as its new Global Head of Parametric Products & Solutions. The company said that his appointment “underscores...