Kane SAC Limited - Muirfield

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.

Kane SAC Limited - Muirfield - At a glance:

  • Issuer / SPV: Kane SAC Limited - Muirfield
  • Cedent / Sponsor: Unknown
  • Placement / structuring agent/s: ?
  • Risk modelling / calculation agents etc: ?
  • Risks / Perils covered: U.S. property catastrophe risks
  • Size: $26.68m
  • Trigger type: Industry loss index
  • Ratings: NA
  • Date of issue: Jan 2015

Kane SAC Limited - Muirfield - Full details

This private cat bond transaction was issued through the Kane SAC Limited Note Program and was listed on the Bermuda Stock Exchange for secondary liquidity or investor mandate purposes.

The Muirfield Segregated Account has issued $26.68m of notes to investors to collateralize an underlying property catastrophe reinsurance contract.

The notes provide protection for U.S. property catastrophe risks and are triggered on an industry loss basis.

These notes mature on the 12th January 2016.

Go back to the Catastrophe Bond Deal Directory

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.

Jardine Lloyd Thompson Capital Markets

Credit Suisse Insurance Linked Strategies
Twelve Capital