May 2008/1

The pioneering ILS Avalon Re was struck by a rash of downgrades following news that a third energy loss could hit the cat bond. Following notifications of claims arising from a New York steam pipe ex

The embedded value (EV) sector of the life insurance linked securities (ILS) sector is a “high growth area”, commented Michael Symonds, SVP at Lehman Brothers, at the 2008 SIFMA ILS confe

Dresdner Kleinwort-owned special purpose reinsurer Bridge Re, has closed its three year $182.5mn Puma Capital retro cat sidecar to new business after just one year of operation due to weaker market c

Hannover Re CEO Wilhelm Zeller said the reinsurer will look to continue with its multi-year K5 sidecar when it comes up for renewal at year-end. Zeller added that Hannover Re had never been as well p

Benfield Group's corporate finance arm Benfield Advisory has developed a new parametric reinsurance product, aimed at transferring workers’ compensation catastrophe (WCC) coverage to reinsurers

Outstanding non-life insurance linked securities (ILS) limits could reach $70- 100bn within the next 10 years, according to senior market commentators. In a lively discussion on the future of the non

At current pricing levels, it would take a $30-50bn ground-up property loss to reverse the slide in traditional property cat reinsurance rates, according to Aon Re Global. The broker forecast rate-on