October 2009/1

The secondary market pricing of two cat bonds struck by the bankruptcy of total return swap (TRS) counterparty Lehman Brothers has increased by a third since mid-summer, after a rally in underlying c

Dan Ozizmir, convergence market rainmaker and former head of Swiss Re Capital Markets (SRCM), has joined the judging panel for the Trading Risk Awards 2010. The annual Awards, launched with great suc

Swiss Re has extended its partnership with Oxfam America on introducing weather insurance for a staple cereal crop to a further four Ethiopian villages. The pilot project, in drought-prone Adi Ha, sa

Moody’s Investors Service has downgraded the underlying rating of approximately $721mn of UNUM Group’s Northwind life securitisation to Baa1 from A2, citing the “adverse impact of i