This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Commenting on the successful placement of its new €200 million Lion Re DAC Series 2025-1) catastrophe bond, sponsor Generali’s Group CFO Cristiano Borean hailed the “unique and distinctive ESG features” of the cat bond, also citing “a further […]
Generali secures EUR200m Lion Re DAC “green cat bond” renewal
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Italian and global insurance giant Assicurazioni Generali S.p.A. has now successfully secured a renewal for its green catastrophe bond, with the new EUR 200 million Lion Re DAC transaction finalised at its target size and with pricing of […]
Cat bonds offer sustainable investment potential amid rising climate risks: UBS
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. A recent report from UBS Group’s global wealth management arm has highlighted catastrophe bonds as a growing sustainable investment opportunity, emphasising their role in climate adaptation and financial protection against extreme weather events. While they do not directly […]
Generali seeking to renew its “green cat bond” with EUR200m Lion Re DAC
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Italian and global insurance giant Assicurazioni Generali S.p.A. is looking to renew its soon to mature green catastrophe bond with a new EUR 200 million Lion Re DAC transaction now in the market, that targets European windstorm and […]
Cat bonds have emerged as a socially responsible investment: Man Group
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The stable return profile of catastrophe bonds and their historically low correlation with broader financial markets have traditionally been the main reasons investors considered an allocation of cat bonds into their portfolio, however, more recently, investors have started […]
Schroders Capital invested $817m+ in ILS that help reduce protection gap in 2023
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. During the full-year 2023, the catastrophe bond and insurance-linked securities (ILS) team at private markets focused investment manager Schroders Capital allocated over US $817 million to transactions that specifically help in reducing the insurance protection gap. Schroders Capital […]
Generali updates insurance-linked securities framework to “green, social & sustainable”
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Italian and global insurance giant Assicurazioni Generali S.p.A. has revised its framework for green catastrophe bonds to incorporate updates and expand its scope, now publishing a Green, Social and Sustainability Insurance-linked Securities Framework in its place. Generali was […]
Banque Bonhôte launches ESG fund strategy incorporating catastrophe bonds
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Banque Bonhôte & Cie, a Swiss private bank, investment firm and wealth manager, has announced the launch of a new environmental, social and governance (ESG) focused fund strategy that will incorporate catastrophe bonds as one of its allocations. […]
Tokio Marine is first Japanese cat bond sponsor to use sustainable development bond
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Tokio Marine Holdings, Inc., through its subsidiary Tokio Marine & Nichido Fire Insurance Co. Ltd., has become the first Japanese insurer to make use of a SOFR-based World Bank Sustainable Development Bond as a permitted investment within its […]
Bermuda’s BMA aims to better facilitate parametric climate-related re/insurance
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The Bermuda Monetary Authority (BMA) has laid out its plans for 2024, with Chief Executive Officer (CEO) Craig Swan highlighting specific opportunities in parametric risk transfer for climate insurance. The 2024 business plan of Bermuda’s financial regulator contains […]