June 2009/1

A clear pipeline for new cat bond issuance in early June proved a fillip for secondary trading, with volumes and pricing increasing on US and non-US peril bonds. “In the first ten days of June

The mysterious US investment fund which owns the outstanding positions in Aspen Insurance’s beleaguered cat bond, Ajax Re, is tussling with the administrators of the Lehman Brother’s bank

Insurance-linked securities (ILS) sponsor USAA – which issued its thirteenth consecutive cat bond last month – has set a new disclosure standard for (re)insurers by posting data on all of

Oil and gas liability mutual Oil Casualty Insurance Ltd (OCIL)’s 2005 excess liability cat bond Avalon Re has once again extended the maturity date on its Class B and Class C notes to 9 Septemb

Dan Ozizmir has become the most high profile casualty of Swiss Re’s ongoing overhaul of its insurance-linked securities (ILS) operations, Trading Risk can reveal.  The head of the reinsurer

Eurex, the leading European derivative exchange and clearing house, is to launch binary US hurricane derivatives on 29 June, complementing current over-the-counter (OTC) trades. The exchange –

Global broker Aon Benfield has suspended its fundraising efforts for Aon’s investment management firm Global Insurance Strategies LLC (GIS), as it concentrates on Benfield-backed cat fund manag