News

ILS

Record number of cat bond issued in 2013

A record 29 cat bond transactions were brought to market in 2013, as annual issuance reached $7.1 billion, according to Willis Capital Markets & Advisory.   29 January 2014

ILS

Data must come first as cat bonds reach for new geographies

Catastrophe bonds could be useful tools in developing markets, EY partner Craig Redcliffe tells Bermuda:Re, but reliable data and accurate models must be developed first.   28 January 2014

ILS

Speed to market and burgeoning ILS attracts Phoenix CRe

The strengths of the Bermuda market attracted Phoenix CRetro to the Island, with speed to market and its fast-growing ILS market proving decisive factors.   27 January 2014

ILS

Aon Benfield Securities completes Windmill I Re

The cat bond, which provides Achmea Reinsurance Company with EUR40 million of collateralized protection, is the first to provide Europe windstorm indemnity for a European insurance sponsor.   22 January 2014

ILS

Lancashire launches collateralised capacity through Kinesis

Kinesis Re has underwritten its first tranche of multi-class reinsurance agreements from January 1, extending collateralised combined aggregate limits in excess of $250 million to market.   22 January 2014

ILS

Everest Re’s Special Purpose Reinsurer reaches $370 of capacity

Special purpose reinsurer Mt. Logan Re, formed last year by Everest Re to provide collateralised capacity to the property catastrophe reinsurance market, has secured additional funding.   14 January 2014

ILS

PCS: basis for ILS is broadening

A report from PCS examining the ILS market entitled Underlying Change has found that the market is benefitting from increasing growth, diversification, midmarket participation and innovation.   9 January 2014

ILS

ACE establishes $95 million special purpose vehicle

The capital from Altair Re II, which is the second Altair transaction, will be used to support ACE Tempest Re’s global property catastrophe reinsurance portfolio.   7 January 2014

ILS

January renewals reflect influx of new capital

According to Nick Farland, CEO of EMEA at Guy Carpenter, the falling rates are a trend that began at mid-year renewals and continued through to the New Year.   6 January 2014

ILS

Argo Group re-ups on risk transfer for 2014

Both a sidecar and the issuance of a $172 million catastrophe bond announced.   6 January 2014

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.