-
Deutsche Bank is developing a highly liquid, highly transparent insurance-linked instrument which would provide mainstream investors with an alternative to cat bonds, Trading Risk understands. The ta
-
Leading ILS investor Clariden Leu is seeking to use the securitisation power of its Swiss bank franchise to transform insurance risk into much-needed investments for its flagship Cat Bond Fund. The $
-
The picture emerging from the Monte Carlo Rendez-Vous this September was of a healthy but fragmented reinsurance market, with adequate capacity dampening expectations of rating improvements in 2010.
-
Bermudian mutual insurer Oil Casualty Insurance Co (OCIL) has repurchased $7,012,000 of the Class B notes of Avalon Re – its loss-stricken 2005 excess liability cat bond. The tender offer to no
-
London-based ILS investment manager Securis Investment Partners has hired former Swiss Re trader Al Selius to start a New York office. Selius will be based in New York and will join the non-life orig
-
Secondary cat bond pricing has risen for the tenth consecutive week, according to Swiss Re, but Hannover Re still cited “attractive pricing” as a reason for repurchasing EUR30mn of its Me
-
Hannover Re has continued its pioneering legacy with the launch of the $60mn sidecar-style vehicle Fac Pool Re – the first dedicated, securitised facility created for facultative exposures. Han
-
The longevity swap market is “poised to grow” to £5-10bn in several years, after the latest £1.9bn transaction between UK insurer RSA and Goldman Sachs took the value of longevity reserve
-
Swiss Re is close to launching a fourth extreme mortality bond in its Vita series, spurred by a deepening of the H1N1 swine flu pandemic, Trading Risk understands. Although the target size of Vita IV
-
The influential International Association of Insurance Supervisors (IAIS) is producing common standards and guidance relating to the supervision of (re)insurance risk transfer to the capital markets.
-
A further surge in recession-related credit losses has prompted Standard & Poor’s (S&P) to downgrade the notes of Crystal Credit – Swiss Re’s EUR252mn credit reinsurance securitisat
-
Ratings agency Moody’s Investors Service has upgraded two tranches of notes on Brit Insurance’s 2007 cat swap deal, Fremantle Ltd, as the likelihood of a loss diminishes while the transac