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.
Fhu-jin Ltd. - At a glance:
- Issuer / SPV: Fhu-jin Ltd.
- Cedent / Sponsor: Tokio Marine & Fire
- Placement / structuring agent/s: ?
- Risk modelling / calculation agents etc: RMS
- Risks / Perils covered: Japan typhoon
- Size: $200m
- Trigger type: Parametric index
- Ratings: S&P: 'BB+'
- Date of issue: Aug 2006
Fhu-jin Ltd. - Full details
Fhu-Jin Ltd is the first parametric catastrophe bond securitization of Japan typhoon risk to use 10-minute mean wind speeds, observed over 900 stations of the Automated Meteorological Data Acquisition System (AMeDAS) network in Japan, and a unique, new method of calculating peak gust wind speed.
The Artemis Catastrophe Bond & Insurance-Linked Securities Deal Directory is copyright © Steve Evans Ltd. Reproduction or publication without permission is not permitted. Use of this information within a commercial product, or for profit, without a license is strictly prohibited. Contact us if you would like to use this content or to discuss licensing.