News

ILS

Acquiring a taste for cat

With the capital markets acquiring an increasing appetite for cat risk, we explore the nuances of investor interest in the space.   11 April 2013

ILS

Citizens closes $250 million cat bond deal at reduced rate

Citizens has used its Bermuda-based SPI to close a new $250 million, three-year capital market risk transfer programme. The deal follows in the footsteps of its record-breaking Everglades Re issuance of last year.   9 April 2013

ILS

Bermuda to host Turkish cat bond

The Turkish Catastrophe Insurance Pool (TCIP) has opted to establish a Bermuda-domiciled SPI to host its latest ILS bond, which will provide multi-year coverage for Turkish earthquake risk.   4 April 2013

ILS

ILS pricing falls sharply as investor interest rises

A report by Willis Re has found that $35 billion of additional capital is currently flowing into the reinsurance space, with the trend set to accelerate.   4 April 2013

ILS

PartnerRe establishes 'companion' SPI

PartnerRe announced the formation of Lorenz Re, a Bermuda-domiciled “companion facility” special purpose insurer to provide additional capacity on a diversified portfolio of catastrophe reinsurance treaties over a multi-year period.   2 April 2013

ILS

SPIs and sidecars head-up Bermuda formations in 2013

Statistics from the Bermuda Monetary Authority reveal that alternative reinsurance formations account for half of all formations since the start of 2013.   2 April 2013

ILS

Citizens looks to repeat the success of Everglades Re

Florida state-backed insurer, Citizens is looking to repeat the success of its first cat bond issued in 2012, with a second bond issuance under Everglades Re this year.   20 March 2013

ILS

Allianz RT extends risk capacity to Nephila Capital

Allianz Risk Transfer has finalised an agreement with Bermuda-based, Nephila Capital to provide the company with three years of risk capacity.   18 March 2013

ILS

Kalista Global pursuing innovation rather than market share

Kalista Global is pursuing an approach that values innovation in the ILS space rather than competing over market share, says its CEO Spencer Conway.   11 March 2013

ILS

ILS Bermuda set to burnish Island’s alternative credentials

A new industry group, ILS Bermuda, aims to draw together leading Bermuda participants in alternative space in order to engage with the global capital markets, promote job creation and lead economic growth.   7 March 2013

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