April 2009/1

An anticipated $3bn in insurance linked securities (ILS) issuance for 2009 will not provide much-needed net growth to the market, but will only replace capacity from maturing deals, according to indu

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

The secondary market for insurance-linked securities (ILS) has seen disproportionate trading in short-dated cat bonds as investors strive to hold liquid positions. During brisk trading in the fourth

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 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 hardening market at 1 April – fuelled by reinsurer capital constraints and the ever-present Florida question – has caused insurers to enter the market early for 1/6 and 1/7 renewals, i

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