September 2008/1

Moody’s Investors Service further downgraded the unwrapped tranches of beleaguered Scottish Re’s $2.1bn XXX reserve life securitisation, Ballantyne Re, citing mark-to-market losses in the

Derivatives broker GNI Touch is offering a service to UK high net worth individuals to enable them to trade IFEX event linked futures on the Chicago Climate Futures Exchange (CCFE). The target audien

Stoneheath Re, the Cayman Islands insurance special purpose vehicle established in 2006 by Bermudian (re)insurer XL Capital, has been downgraded by ratings agencies Fitch Ratings and AM Best. In resp

ILS activity “slowed”, during the July reinsurance renewal season, with maturing cat bond capacity exceeding new issues by $700mn, according to broker Willis Re. In its mid-year reinsuran

Investment bank JPMorgan has closed a £500mn long-duration longevity derivative transaction with life insurer Canada Life, in a deal that could open the multi-billion pound UK annuity market to the c

Aon Corp has triumphed over its rival Guy Carpenter for the £844mn prize of Benfield Group, including its specialist corporate finance firm Benfield Advisory. If the acquisition is completed, then th