Month: June 2025

Hurricane Erick insured losses expected to fall ‘well below’ Otis: AM Best

This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Estimated insured losses from Hurricane Erick, which struck Mexico’s Pacific coast last week, are expected to fall well bellow the US$1.97 billion insured…

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Descartes expands US flood coverage with new parametric insurance offering

This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Descartes Underwriting, the parametric risk transfer specialist, has announced the launch of a new fully customisable Flood-at-Location parametric flood insurance product for U.S….

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Descartes expands US flood coverage with new parametric insurance offering

This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Descartes Underwriting, the parametric risk transfer specialist, has announced the launch of a new fully customisable Flood-at-Location parametric flood insurance product for U.S….

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Grenada renews parametric insurance coverage with CCRIF for 2025/26

This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The Government of Grenada has renewed its annual parametric insurance coverage with the Caribbean Catastrophe Risk Insurance Facility Segregated Portfolio Company (CCRIF SPC)…

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Hurricane Erick: No cat bond or private ILS impact expected by Twelve Securis

This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Twelve Securis, the specialist insurance-linked securities investment manager, is not anticipating any impact to the World Bank catastrophe bond or any of the…

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Hurricane Erick makes landfall in Mexico at 950mb, reducing risk to World Bank cat bond

This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Major hurricane Erick has made landfall on the coast of Mexico with 125 mph sustained winds in the state of Oaxaca and the…

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Parametric specialist Descartes secures investment from Battery Ventures

This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Descartes Underwriting, the parametric risk transfer specialist, has secured a strategic investment from Battery Ventures, a global technology-focused global investment firm. The transaction…

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Parametric specialist Descartes secures investment from Battery Ventures

This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Descartes Underwriting, the parametric risk transfer specialist, has secured a strategic investment from Battery Ventures, a global technology-focused global investment firm. The transaction…

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Kin renews 40% more Florida reinsurance at $1.4bn. Other states tower (ex-CA) now $250m+

This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Kin Insurance has increased the size of its Florida reinsurance tower by 40% at the mid-year renewals, securing $1.4 billion of limits for…

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Kin renews 40% more Florida reinsurance at $1.4bn. Other states tower (ex-CA) now $250m+

This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Kin Insurance has increased the size of its Florida reinsurance tower by 40% at the mid-year renewals, securing $1.4 billion of limits for…

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