August 2009/1

In an extract from the report – the firm’s European head of capital markets Des Potter discusses the pros and cons of non-US peril transactions. US wind is the largest global peril in the

Reinsurer SCOR has settled its long-running dispute with Highfields Capital Management, the former main minority shareholder in its 2001 sidecar vehicle Irish Reinsurance Partners (IRP) Holdings Limi

The cat bond market is braced for a busy year-end as the market is still “on track” for an estimated $3-4bn of new ILS issuance in 2009, according to market sources. With $1.8bn of cat bo

 Swiss insurer Zurich Financial Services (ZFS) has confirmed receipt of $128.5mn in paid claims from its $190mn KAMP Re cat bond, sparking a flurry of trading interest in the distressed notes. Pricin

The C tranche of State Farm’s 2007 Merna Re transaction and the Swiss Re-sponsored Vega Capital’s class A and B notes have been upgraded by Moody’s Investors Service and Standard

The received wisdom is that 2009 insurance-linked securities (ILS) issuance has been held back by the mismatch between capacity in the alternative and traditional reinsurance markets.  It is difficul