News & Analysis Results

Details of Vega Capital Ltd. catastrophe bond from Swiss Re

News 15th December 2010

We now have further details for you about Swiss Re’s latest Vega Capital Ltd. catastrophe bond transaction (which we wrote about yesterday here). The $106.5m deal provides Swiss Re with cover for some of their North Atlantic hurricane, European windstorm, Californian earthquake, Japanese earthquake and Japanese typhoon risks.

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Swiss Re issues new Vega Capital Ltd. notes

News 14th December 2010

Swiss Re has issued two new tranches of notes under its Vega Capital Ltd. catastrophe bond style Cayman Islands SPV. The new transaction replicates the 2008 Vega Capital deal and will provide Swiss Re with another $106.5m of cover against accumulated losses.

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