Catastrophe bond fund manager Icosa Investments has highlighted current uncertainty over the level of losses the market may face from hurricane Milton, but notes that while some principal losses seem likely there remains a high level of uncertainty over certain structures, especially aggregate cat bonds that have much of their risk periods left to run.The … Read more
Because the reinsurance and insurance-linked securities (ILS) market begins to look in the direction of year-end issuance, renewals and into 2025, Chris Minter, the brand new Head of Swiss Re’s Different Capital Companions (ACP) division, informed Artemis that one of many greatest challenges for ILS is the uncertainty and notion of the affect local weather … Read more
With summer time winding down, it’s time for a generative AI standing examine. GenAI curiosity stays sturdy, as 81% of 4,470 international enterprise leaders polled by ServiceNow have pledged to extend spending on AI over the subsequent 12 months. What are they specializing in? CEOs instructed Deloitte their organizations are utilizing GenAI to extend efficiencies (57%), uncover new insights … Read more