September 2009/1

Bermudian mutual insurer Oil Casualty Insurance Co (OCIL) has repurchased $7,012,000 of the Class B notes of Avalon Re – its loss-stricken 2005 excess liability cat bond. The tender offer to no

Secondary cat bond pricing has risen for the tenth consecutive week, according to Swiss Re, but Hannover Re still cited “attractive pricing” as a reason for repurchasing EUR30mn of its Me

The index-based hurricane risk hedge transacted between US utility firm NRG Energy and insurance broker Willis in early September underlines the energy sector’s potential in the development of

Interdealer Tradition Re is partnering with Lloyd’s broker Alwen Hough Johnson (AHJ) to access the Lloyd’s and London markets for specialised retro products, including industry loss warra

The influential International Association of Insurance Supervisors (IAIS) is producing common standards and guidance relating to the supervision of (re)insurance risk transfer to the capital markets.