Swiss Re Insurance-Linked Fund Management

PCS - Emerging Risks, New Opportunities

Market Re Ltd. (Series 2015-1)

The Artemis Catastrophe Bond and Insurance-linked Securities Deal Directory aims to provide a one-stop resource for information on every cat bond and ILS transaction we hold information on. The content of this Deal Directory is provided as is and there will be some omissions. Help us to keep these cat bond and ILS transaction summaries up to date by contacting us if you see an error or omission that you can correct.

Share

Market Re Ltd. (Series 2015-1) – At a glance:

  • Issuer: Market Re Ltd. (Series 2015-1)
  • Cedent / sponsor: Unknown
  • Placement / structuring agent/s: Jardine Lloyd Thompson Capital Markets are structuring agent and bookrunner
  • Risk modelling / calculation agents etc: ?
  • Risks / perils covered: Florida named storms
  • Size: $10m
  • Trigger type: Indemnity
  • Ratings: NR
  • Date of issue: May 2015

Market Re Ltd. (Series 2015-1) – Full details:

This Market Re 2015-1 cat bond provides the sponsoring cedant, which remains unnamed, with a one year source of fully-collateralized catastrophe reinsurance protection for its Florida book of business.

The Market Re 2015-1 cat bond provides reinsurance coverage specifically for Florida named storms, with its protection afforded on an indemnity trigger basis.

The Market Re platform, launched in 2014, is JLTCM’s own issuance vehicle that seeks to make accessing the capital markets cheaper for smaller deals and sponsors, with this 2015-1 transaction being the fourth issuance to use it to date.

Artemis Live - ILS and reinsurance video interviews and podcastView all of our Artemis Live video interviews and subscribe to our podcast.

All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance video content and video interviews can be accessed online.

Our Artemis Live podcast can be subscribed to using the typical podcast services providers, including Apple, Google, Spotify and more.

Print Friendly, PDF & Email

« Go back to the Catastrophe Bond Deal Directory

Help us keep this valuable catastrophe bond information resource up to date. If you have information on a catastrophe bond or insurance-linked security (ILS) transaction that we have not covered, or can see something that we should change, please contact us to let us know.