This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. In a perhaps surprising turn of events, the opening hours of the COP28 climate talks today have seen a landmark agreement to operationalise and provide initial funding for the much-discussed loss and damage fund, that is designed to…
Month: November 2023
On model confidence, volatility, frequency and emergent reinsurance protection gaps
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Having spent time in Bermuda and attended the recent PwC Insurance Summit on the island, the equity analyst team at BMO Capital Markets has concluded that the insurance and reinsurance industry is suffering a lack of confidence in…
Risk repriced. Australia no longer a “good hedge” for reinsurers: ICA CEO
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Delivering a speech in Canberra today, Andrew Hall, the Executive Director and CEO of the Insurance Council of Australia (ICA) explained that insurance and reinsurance markets are repricing risk globally and for reinsurers, writing risk in Australia is…
Risk-sharing systems must be a pillar of Loss and Damage architecture: Report
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. A new report calls on the world to implement risk sharing systems, such as parametric triggers in insurance, reinsurance and insurance-linked securities (ILS) such as catastrophe bonds, as a central pillar of the Loss and Damage architecture required…