Hurricane Ida hits Cat 4, landfall location key to ILS market impact – Artemis.bm

The location of hurricane Ida’s anticipated strong-to-major hurricane landfall in Louisiana on the US Gulf Coast will be key to insurance-linked securities market impacts from the storm. NOAA hurricane hunter reconnaissance aircraft have visited the storm in the last hour and suggested possible surface winds as high as 160 mph, meaning hurricane Ida could be […]

Green cat bond a “highly successful placement in an extremely active market” – Natixis

Nicolas Merigot, Head of GSCS France and Global Head of Bank, Insurance and Pensions Solutions at Natixis, commented, “Natixis has always been very creative in the ILS world, so we are very proud to bring to the market this landmark transaction. “This was a highly successful placement in an extremely active market, with eight deals […]

Generali hails completion of the first green catastrophe bond

Generali Group Chief Insurance & Investment Officer, Sandro Panizza, commented, “Generali has proven once more its confidence and proximity to investors as well to traditional reinsurers. This new issuance allows Generali to further optimize the purchase of reinsurance protection, leveraging on the trust of both the traditional reinsurance and the ILS markets in the quality […]