Swiss Re Insurance-Linked Fund Management

PCS - Emerging Risks, New Opportunities

News & Analysis Results

$5.81 billion of ILS listed on Bermuda Stock Exchange at end of 2012

News 10th January 2013

The Bermuda Stock Exchange (BSX) has grown the volume of insurance-linked listings on the exchange by more than a billion dollars over the last six months of 2012. When we last listed out the catastrophe bonds, insurance-linked securities and reinsurance-linked investment funds listed on the BSX in July the total was $4.688 billion. By the […]

Read the full article

Willis Capital Markets see’s very positive ILS market outlook

News 14th November 2012

The insurance-linked securities and catastrophe bond market outlook is very positive in the short-term, according to the latest quarterly ILS market report from Willis Capital Markets & Advisory (WCMA), the capital market division of global broker Willis. The report titled ‘Spreads Continue to Tighten as Sandy Impact Is Assessed‘ looks at the transactions which came […]

Read the full article

Atlas Re VII cat bond closes at upper size, lower end of pricing

News 26th October 2012

Here’s a quick update on the latest multi-peril catastrophe bond from SCOR, Atlas Reinsurance VII Limited, which we wrote about yesterday to reveal the doubling in size and lowering of price guidance. The transaction priced late yesterday and in the end SCOR took the maximum size of the deal while pricing came in right at […]

Read the full article

ILS funds September returns the highest in three years

News 19th October 2012

Once again the average return made by insurance-linked securities (ILS) funds, as measured by the Eurekahedge ILS Advisers Index, hit record levels for the year in September. In fact, last month was the best single monthly return that the index had achieved in three years, since September 2009, according to insight from ILS Advisers, an investment […]

Read the full article

Bermuda continues push for more cat bond and ILS business

News 12th October 2012

Bermuda continues to promote itself as the island destination for the catastrophe bond and insurance-linked securities market. With its role as one of the major reinsurance hubs of the world, a modern stock exchange in the BSX and attractive regulatory and re/insurer formation regimes, the island is perfectly suited as a centre for ILS. The […]

Read the full article

Best of Artemis, week ending 30th September 2012

News 1st October 2012

An interesting week in the markets we cover on Artemis, with a high-profile, and very welcome transaction offering diversification for cat bond investors in MultiCat and an interesting new company launch in Multi-Strat. As always, you can read every news story and article on the Artemis news blog and for your convenience these are the […]

Read the full article

Hannover Re appreciates diversification offered by catastrophe bonds

News 21st September 2012

Just a week ago, German reinsurer Hannover Re completed their latest catastrophe bond transaction, Eurus III Ltd. Hannover Re have been a regular issuer of cat bonds and have also used the capital markets for a number of other insurance securitization transactions, including life securitization in the past. So they are not a newcomer to the […]

Read the full article

Robust demand for outstanding catastrophe bonds in August

News 11th September 2012

Catastrophe bond market issuance is typically slow during the peak months of the U.S. hurricane season and 2012 has been no different. August saw no cat bonds complete during the month and just the one, Eurus III Ltd., which began marketing but completes this week. When primary issuance of cat bonds is low, sometimes the […]

Read the full article