Catastrophe bond & related ILS set for record $10bn+ H1 in 2021
Issuance of new catastrophe bonds and other related insurance-linked securities (ILS) we track here at Artemis is now set to break new ground for the first-half of 2021, with more than $10 billion of issuance now anticipated, according to our latest data on the market. The total issuance we’ve tracked so far this year that has already […]
TWIA to double Alamo Re 2021 cat bond to $500m
The Texas Windstorm Insurance Association (TWIA) is now expected to double in size its new Alamo Re Ltd. (Series 2021-1) catastrophe bond transaction, which will now more than replace a soon to mature $400 million cat bond from 2018. As we were first to report this week, TWIA’s staff said at a meeting on Wednesday that the […]
Industry-loss warranty (ILW) market softens YoY as capacity rises
Following conversations with a number of market sources, it seems that the market for industry-loss warranty (ILW) protection has softened year-on-year, following on the heels of the catastrophe bond market as capacity turns its attention to ILW’s in the run up to the renewals. inflow-capital-money-investJust the other day we explained that indicative pricing for industry-loss […]
