ILW

Best’s Market Segment Report: Disciplined Deployment of Capital Pays Off in Record-Breaking Year for Insurance-Linked Securities Market

Retrieved on: 
Monday, March 18, 2024

Rate increases during the Jan. 1, 2024, renewal season were more muted than last year, and risk-adjusted spreads have started to narrow, amid the disciplined deployment of capital by providers.

Key Points: 
  • Rate increases during the Jan. 1, 2024, renewal season were more muted than last year, and risk-adjusted spreads have started to narrow, amid the disciplined deployment of capital by providers.
  • “Capital inflows have mostly matched the growth in reinsurance demand rather than exceeded it,” said Emmanuel Modu, managing director, insurance-linked securities, AM Best.
  • Guy Carpenter and AM Best estimate total ILS market capacity at about USD 100 billion at year-end 2023, which is up about USD 4 billion from a year earlier.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Nayms Launches the First Institutional Tokenized (Re)insurance Marketplace on Base, Announcing Next Investment Opportunity

Retrieved on: 
Thursday, January 11, 2024

With this launch, investors can more easily access yield-generating (re)insurance opportunities that are available within Nayms' marketplace in the form of a tokenized asset class.

Key Points: 
  • With this launch, investors can more easily access yield-generating (re)insurance opportunities that are available within Nayms' marketplace in the form of a tokenized asset class.
  • Nayms Launches First Institutional Tokenized (Re)insurance Marketplace on Base, Announcing Next Investment Opportunity
    Embarking on the heels of a successful launch of its first investment opportunities, Nayms remains committed to deploying emerging technologies to reshape the insurance industry.
  • As the insurance industry evolves, tokenization offers a unique opportunity for institutional investors to diversify their investment portfolios and capitalize on the growth of traditional private market asset classes.
  • For more information on Nayms and investment opportunities, contact [email protected] , or visit the website directly.

Nayms Launches the First Institutional Tokenized (Re)insurance Marketplace on Base, Announcing Next Investment Opportunity

Retrieved on: 
Thursday, January 11, 2024

With this launch, investors can more easily access yield-generating (re)insurance opportunities that are available within Nayms' marketplace in the form of a tokenized asset class.

Key Points: 
  • With this launch, investors can more easily access yield-generating (re)insurance opportunities that are available within Nayms' marketplace in the form of a tokenized asset class.
  • Embarking on the heels of a successful launch of its first investment opportunities, Nayms remains committed to deploying emerging technologies to reshape the insurance industry.
  • As the insurance industry evolves, tokenization offers a unique opportunity for institutional investors to diversify their investment portfolios and capitalize on the growth of traditional private market asset classes.
  • For more information on Nayms and investment opportunities, contact [email protected] , or visit the website directly.

Nuclear Waste Management Market to Reach $5.7 Billion, Globally, by 2032 at 1.9% CAGR: Allied Market Research

Retrieved on: 
Thursday, August 3, 2023

PORTLAND, Ore., Aug. 3, 2023 /PRNewswire/ -- Allied Market Research published a report titled, "Nuclear Waste Management Market by Waste Type (Low-Level Waste, Intermediate-Level Waste, and High-Level Waste), Reactor Type (Pressurized Water Reactor, Boiling Water Reactor, Gas Cooled Reactor, and Pressurized Heavy Water Reactor), and by Disposal Method (Incineration, Storage, Deep Geological Disposal, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032." According to the report, the global nuclear waste management industry generated $4.8 billion in 2022 and is estimated to reach $5.7 billion by 2032, exhibiting a CAGR of 1.9% from 2023 to 2032. 

Key Points: 
  • High-level nuclear waste (HLW) refers to highly radioactive materials that are produced as a result of nuclear fuel reprocessing or spent fuel from nuclear power plants.
  • The management of nuclear waste generated from PWRs involves several key steps and considerations.
  • International cooperation and knowledge sharing play an important role in nuclear waste management in the Asia-Pacific region.
  • Nuclear waste management in Europe involves the handling, storage, treatment, and disposal of radioactive waste generated from nuclear power plants, research facilities, medical institutions, and other sources of nuclear technology.

Nuclear Waste Management Market to Reach $5.7 Billion, Globally, by 2032 at 1.9% CAGR: Allied Market Research

Retrieved on: 
Thursday, August 3, 2023

PORTLAND, Ore., Aug. 3, 2023 /PRNewswire/ -- Allied Market Research published a report titled, "Nuclear Waste Management Market by Waste Type (Low-Level Waste, Intermediate-Level Waste, and High-Level Waste), Reactor Type (Pressurized Water Reactor, Boiling Water Reactor, Gas Cooled Reactor, and Pressurized Heavy Water Reactor), and by Disposal Method (Incineration, Storage, Deep Geological Disposal, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032." According to the report, the global nuclear waste management industry generated $4.8 billion in 2022 and is estimated to reach $5.7 billion by 2032, exhibiting a CAGR of 1.9% from 2023 to 2032. 

Key Points: 
  • High-level nuclear waste (HLW) refers to highly radioactive materials that are produced as a result of nuclear fuel reprocessing or spent fuel from nuclear power plants.
  • The management of nuclear waste generated from PWRs involves several key steps and considerations.
  • International cooperation and knowledge sharing play an important role in nuclear waste management in the Asia-Pacific region.
  • Nuclear waste management in Europe involves the handling, storage, treatment, and disposal of radioactive waste generated from nuclear power plants, research facilities, medical institutions, and other sources of nuclear technology.

Nayms Issues World's First Crypto-Denominated Industry Loss Warranty (ILW)

Retrieved on: 
Thursday, July 6, 2023

LONDON, July 6, 2023 /PRNewswire/ -- Nayms SAC Ltd. , the leading crypto-native insurance marketplace, is proud to announce the issuing of the world's first crypto-denominated industry loss warranty (ILW) through the second segregated account or 'cell' within its marketplace.

Key Points: 
  • LONDON, July 6, 2023 /PRNewswire/ -- Nayms SAC Ltd. , the leading crypto-native insurance marketplace, is proud to announce the issuing of the world's first crypto-denominated industry loss warranty (ILW) through the second segregated account or 'cell' within its marketplace.
  • In this program, Nayms provides coverage for US named windstorm, attaching above a loss trigger of $60 billion.
  • Moving forward on the success of its innovative ILW, Nayms remains committed to deploying emerging technologies to reshape the insurance industry.
  • The company invites interested parties to explore other pending investment opportunities (returns as estimated) in prospective segregated accounts within Nayms' marketplace:
    a.

Nayms Issues World's First Crypto-Denominated Industry Loss Warranty (ILW)

Retrieved on: 
Thursday, July 6, 2023

LONDON, July 6, 2023 /PRNewswire/ -- Nayms SAC Ltd. , the leading crypto-native insurance marketplace, is proud to announce the issuing of the world's first crypto-denominated industry loss warranty (ILW) through the second segregated account or 'cell' within its marketplace.

Key Points: 
  • LONDON, July 6, 2023 /PRNewswire/ -- Nayms SAC Ltd. , the leading crypto-native insurance marketplace, is proud to announce the issuing of the world's first crypto-denominated industry loss warranty (ILW) through the second segregated account or 'cell' within its marketplace.
  • In this program, Nayms provides coverage for US named windstorm, attaching above a loss trigger of $60 billion.
  • Moving forward on the success of its innovative ILW, Nayms remains committed to deploying emerging technologies to reshape the insurance industry.
  • The company invites interested parties to explore other pending investment opportunities (returns as estimated) in prospective segregated accounts within Nayms' marketplace:
    a.

Greenberg Traurig's Kate Kalmykov Named Among Crain's New York's 'Notable Women in Law'

Retrieved on: 
Tuesday, June 20, 2023

NEW YORK, June 20, 2023 /PRNewswire-PRWeb/ -- Kate Kalmykov, co-chair of the Global Immigration and Compliance Practice of law firm Greenberg Traurig, LLP, was selected by Crain's New York Business to its "2023 Notable Women in Law" list.

Key Points: 
  • NEW YORK, June 20, 2023 /PRNewswire-PRWeb/ -- Kate Kalmykov , co-chair of the Global Immigration and Compliance Practice of law firm Greenberg Traurig, LLP , was selected by Crain's New York Business to its "2023 Notable Women in Law" list.
  • Kalmykov is the fifth attorney at the firm to be selected to Crain's New York's Notable Leaders lists within the past year.
  • As a thought leader on immigration issues, Kalmykov has spoken at the Women Influence & Power in Law Conference and other events.
  • She is actively involved with the National Association of Women Lawyers and internally with Greenberg Traurig's Women's Initiative .

Verisk Names Chris Sawford Managing Director of Claims for the UK

Retrieved on: 
Thursday, April 6, 2023

LONDON, April 06, 2023 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, has named Chris Sawford managing director of claims for the United Kingdom.

Key Points: 
  • LONDON, April 06, 2023 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, has named Chris Sawford managing director of claims for the United Kingdom.
  • A sought-after industry expert, Sawford co-founded Validus-IVC, a top provider of claims management solutions in the UK, which Verisk acquired in 2018.
  • “We’re laser-focused on driving operational efficiency and digital transformation for our clients and the global insurance industry,” said Maroun Mourad, president of claims solutions for Verisk.
  • Verisk’s solutions support every step in the claims life cycle, including reporting and analysis, adjustment and investigations, and settlement and resolution.

Vesttoo Appoints Reinsurance Executive to Lead Innovative Approach to Insurance Structures in the Catastrophe Insurance Market

Retrieved on: 
Wednesday, September 22, 2021

He joins Vesttoo from Stonybrook Capital where he was Vice President and Head of the Industry Loss Warranty (ILW) Desk.

Key Points: 
  • He joins Vesttoo from Stonybrook Capital where he was Vice President and Head of the Industry Loss Warranty (ILW) Desk.
  • Dan is yet another market veteran to join Vesttoo and brings strong experience in theinsurance-linked securities (ILS) and reinsurancesectors.
  • Daniel Butzbaugh, Vice President, CAT Markets, Vesttoo, said: "I am excited to join Vesttoo to help strengthen its growing reputation for excellence and innovation in alternative reinsurance.
  • I look forward to helping Vesttoo develop innovative approaches to insurance investments to help bridge the immense funding gap in the market."