Latest Insurance Linked Securities Headlines
All the headlines from our Insurance Linked Securities Topic Page, ordered by recency.
Kane to Acquire HSBC’s Insurance Management Operations
Mar 11 2011 // Kane, a provider of specialist risk and insurance management services, announced that it has signed an agreement to acquire the insurance management operations of HSBC. The bulletin explained that “under the...
Swiss Re Concludes $170 Million Successor X Cat Bond Placement
Jan 5 2011 // Swiss Re has obtained another $170 million in protection through the Successor X Ltd. catastrophe bond program, covering Australia earthquake, North Atlantic hurricane and California earthquake risks. “The...
Aon Benfield Launches Monthly Insurance Linked Securities Index
Aug 20 2010 // Aon Benfield Securities, the securities and investment banking operation of Aon Benfield, announced the launch of the Aon Benfield ILS Indices, which provide a quantitative view of monthly insurance-linked securities (ILS)...
RMS Forecasts Increased Growth for Insurance Linked Securities in 2010
Jan 7 2010 // A bulletin from Risk Management Solutions notes that the fourth quarter of 2009 was the “most active… ever for catastrophe bond issuance, reaching almost $1.1 billion in total volume, eclipsing the previous...
Swiss Re Obtains $150 Million Cat Bond Cover for Calif. Quakes
Jan 5 2010 // Swiss Re has entered into a transaction with Redwood Capital XI Ltd., a Cayman Islands exempted company financed through the offering of insurance-linked securities, to receive up to $150 million in the event of a...
Cat Bond Market Set for Active Fourth Quarter, Reports Guy Carpenter
Oct 13 2009 // The catastrophe bond market is poised for an active fourth quarter in 2009, according to a new report. The report by Guy Carpenter & Co., LLC, and GC Securities, a division of MMC Securities Corp. concludes that a...
Swiss Re Issues New <em>sigma</em> Report on Insurance-linked Securities
Sep 10 2009 // According to Swiss Re’s new sigma study, “the role of indices in transferring insurance risks to the capital markets”, both (re)insurers and investors benefit when clearly defined and regularly updated...
Cat Bond Market Still Seeking Collateral Solution
Jun 29 2009 // Insurers are still seeking a universal solution to weaknesses in catastrophe bonds exposed by Lehman Brothers’ collapse, though structural improvements have helped push sales past $1 billion this year. This...
Willis Re, Thomson Reuters Launch Online Catastrophe Price Index
Apr 28 2009 // Willis Re, the reinsurance arm of global broker Willis Group Holdings, and Thomson Reuters today announced the launch of the Willis Re Catastrophe Price Index™ on the Thomson Reuters Insurance Linked Securities...
Cat Bonds Buck Credit Crunch Says S&P Report
Sep 2 2008 // Standard & Poor’s Ratings Services has released findings, which show that ‘natural catastrophe bonds (‘nat cats’) have proven generally resilient during the capital market’s turbulence...
Lloyd’s Notes Growth of Insurance Linked Securities Market
Jun 24 2008 // “Convergence between the capital and insurance markets is gaining pace and Lloyd’s insurers are at the forefront of developments,” notes an article on the Lloyd’s web site (www.lloyds.com). The...
RMS Launches <em>Miu</em> – Cat Risk Portfolio Management Platform
Jun 23 2008 // Risk Management Solutions (RMS) has unveiled its new portfolio management platform, Miu, which supports the trading of insurance risk using RMS’ leading catastrophe risk analytics. A bulletin from RMS’ London...
Lloyd’s Amlin to Launch Insurance Risk Trading Venture
May 7 2008 // Amlin plc, one of Lloyd’s largest insurers, has announced its intention to form a new Investment Management Partnership with John Wells, who will become Chairman, and Luca Albertini, who will become Chief...
S&P Reports on the ‘Evolving World of Property/Casualty Securitizations’
May 2 2008 // A report from Standard & Poor’s Ratings Services analyzes the catastrophe bond and reinsurance sidecar markets, which, S&P concludes, have “experienced sharp surges of activity after 2005.”...
S&P Upbeat on Insurance-Linked Securitization End of Year Prospects
Sep 28 2007 // Standard & Poor’s Ratings Services London office has published a new report – “Insurance-Linked Securitization Poised To Finish Year Well.” Credit analyst Maren Josefs noted that the...
Swiss Re: Nordic Region Storm Losses to Double by 2100
Aug 29 2007 // Swiss Re announced that a presentation at its second Nordic Risk & Insurance Summit (NORIS), “will show how winter storms Anatol, Gudrun and Per are harbingers of a more stormy future in Scandinavia, leading to...
Swiss Re Backs Independent European Agency to Assess Nat Cat Risks
Jan 23 2007 // Swiss Re has issued a “focused report,” which assess the growth of the catastrophe bond market and calls for the establishment of an independent agency to “aggregate European claims data and provide the...
ART Solutions on the Rise in Hard Markets
Oct 28 2002 // At a recent seminar on the use of alternative risk transfers (ART) in hard markets, “ART Solutions in a Time of Capacity Shortage,” global reinsurer Swiss Re, which hosted the event, noted that more and more of...
