April 2009/1

The latest cat bond to hit the market – Allianz’s upsized $180mn Blue Fin II – has eschewed the traditional total return swap (TRS) structure to invest collateral in notes issued b

A dislocation in pricing between cat bonds and the traditional reinsurance market may dampen the appetite of potential new ILS sponsors in 2009, according to Ming Lee, president and CEO of modelling

UK insurance giant Aviva closed a £475mn longevity derivative transaction with a group of investors led by Bermuda-based PartnerRe, in a specially-tailored deal that opened the life insurance market

Bermudian insurance-linked investment manager Pentelia Capital Management has tapped the Japanese investor market to raise $132mn for a new dedicated cat fund – Eolia Diamond Ltd. Pentelia R

Juniperus Capital Limited (JCL) chief executive Michael Cash has left the Aon Benfield-backed investment firm just nine months after its launch, prompting a management reshuffle. Executive chairman P

The three remaining cat bonds affected by the collapse of Lehman Brothers have met their March interest payments. However, a default risk remains on troubled Ajax Re, Standard & Poor’s (S&P) sa

Nephila-backed weather risk service WeatherBill has launched a screen-based underwriting and trading platform. The WeatherBill White Label platform enables any third party to offer weather coverage t