October 2011/1

Barclays Capital has done its first deal under a new private securitisation platform for event-linked risk that the investment bank launched this month, Trading Risk understands.

It is with some trepidation that I write this letter in early October, with the US wind season still in train.

Cat bond brokers say the ILS market is regaining its momentum after a mid-year slowdown with forecasts of a $2bn-$2.5bn bumper fourth quarter.

Connecticut-based SAC Capital Management is the latest investor to turn its attention to the insurance-linked capital markets as a source of diversified returns, Trading Risk can reveal.