May 2009/1

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

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

Secondary market pricing on two Ike-exposed cat bonds - Allianz’s $120mn Blue Coast and Glacier Re’s Nelson Re Class G notes - fell by an average 12 percent in the first quarter of 2009,

Will investor demand for long-tail macro longevity risk be sufficient to meet the anticipated supply from corporate pension funds in the wake of Babcock International Group’s planned £750mn lon

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

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

Munich Re and Tokio Marine Nichido Fire’s private cat swap based on Risk Management Solutions’ (RMS) Paradex-Europe Windstorm (PEW) index takes the total notional amount of risk transferr

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

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

ILS investors were warned last week that they need to be more realistic on yields if they wish to see more cat bonds emerge from (re)insurers. Although catastrophe reinsurance rates are continuing to

Insurance-linked derivatives provide the best security of a range of traditional and alternative risk transfer products, according to Michael Jedraszak, underwriter at Bermuda-headquartered (re)insur