May 2009/1

Credit Suisse Asset Management (CSAM) is set to launch a $65mn dedicated life insurance linked securities (ILS) fund, demonstrating the resurgent popularity of life risk trading. The fund – cal

The renewal of Hannover Re’s hybrid sidecar vehicle - $133mn Globe Re – has been stalled by a “huge gap” between pricing in the traditional and capital markets, Trading Risk c

US military mutual insurer and ILS stalwart USAA has increased the size of its thirteenth consecutive cat bond, Residential Re 2009, by $90mn - to $240mn - Trading Risk can reveal. Goldman Sachs, whi

We are enormously proud of both the high calibre and the quantity of entries we received for the inaugural Trading Risk Awards 2009. The level and quality is exceptionally high and choosing the short

German reinsurance giant Munich Re has launched a EUR100mn European windstorm and Turkish earthquake cat bond – Ianus – which will be welcomed by those calling for peril diversification i

ILS investors are so keen to diversify their holdings with non-catastrophe exposures that they may be willing to trade yield for greater choice. Speaking at the S&P European ILS conference on the 13

Industry loss warranty (ILW) and catastrophe derivatives trading volumes are “considerably” lower than last year, stifled by high prices and the effects of contagion from the financial ma

Trading Risk has partnered with Swiss Re to publish its proprietary cat bond index on a regular basis. Look out for regular data and commentary on ILS performance in our newsletters and on our websit

PERILS AG, established this year to aggregate and provide industry-wide European catastrophe insurance data, has estimated property insurance market losses caused by windstorm Klaus of EUR1.55bn. The

A surge in recession-related credit losses has “increased the default possibility” of Swiss Re’s $252mn credit reinsurance securitisation, Crystal Credit, prompting Standard & Poor

Despite cat reinsurance rates continuing to harden, several proposed sidecar vehicles looking to cash in on attractive underwriting conditions and potential capacity shortages are stalling as the key

Leading ILS investor Nephila Capital and a subsidiary of Allianz Risk Transfer (ART) have tapped two investors for an extra $200mn to deploy during the 2009 US wind season. The two ILS-specialist fir