February 2011/1

Swiss ILS managers, Credit Suisse Asset Management (CSAM) and Clariden Leu, have seen $700mn of new fund inflows, Trading Risk can reveal.

Swiss investment manager Secquaero Advisors plans to launch a new Luxembourg ILS fund under its UCITS III-compliant platform set up by Decision Analytics.

The market share of dedicated cat funds in new ILS offerings has fallen by 30 percent since 2008 to comprise under half the market in 2010, recent research by Munich Re has shown.

The ILW market is becoming increasingly bespoke... In our regular quarterly review of the sector, Willis Re executive director Henry Kingham looks at ILW trading drivers.

The (A)XXX market saw $7bn of deals in 2010. Credit Agricole CIB executives Jorge Fries and Michel Allez look at what keeps the market beating.

Hurricane derivatives trading in IFEX event-linked futures (ELFs) had a quickfire start to 2011 after the firm was sold to the ICE Exchange last year.

As Cyclone Yasi made landfall on Australia's Queensland coast as a Category 4 storm on 3 February, brokers transacted livecat industry loss warranty (ILW) deals for traders seeking to hedge against losses.

Imminent changes to Risk Management Solutions' (RMS) US hurricane risk model are predicted to create volatility in secondary ILS trading, with expected loss figures on outstanding bonds set to rise significantly, Trading Risk understands.

A blend of slow new ILS issuance, investor capital inflows and portfolio re-balancing pushed the Swiss Re all cat bond price return index upwards in January.

TMR loses AA rating; Perils issues five loss estimates; Swiss Re calls for public-private partnerships; Pension insurer buys £500mn longevity cover

Start-up collateralised reinsurer Catco invested almost 100 percent of its $80.4mn start-up capital at the 1 January renewals, just weeks after its launch.

Near-term hurricane models used by AIR Worldwide (AIR), EQECAT and Risk Management Solutions (RMS) to project insured losses from Atlantic hurricanes are inaccurate, according to cat modelling consultancy Karen Clark & Co.