Pension funds are turning to specialist bonds that bet on the likelihood of a natural disaster, in a search for yield and returns that are not correlated to the rest of the market. What was once considered an exotic investment …
In its latest report on the insurance-linked securities (ILS) market, which reviews the key trends witnessed during the fourth quarter of 2012, Aon Benfield Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield, notes that …
Zurich Insurance Group and Swiss Re have announced that Zurich has obtained, through its subsidiaries Zurich American Insurance Company and Zurich Insurance Company Ltd, a 3-year $270 million catastrophe excess of loss reinsurance protection from Lakeside Re III Ltd. to …
