bermuda stock exchange

The recently completed Tramline Re Ltd. catastrophe bond, which doubled in size at close to secure Amlin $150m of cover, has been approved for listing on the Bermuda Stock Exchange (BSX). The addition of this $150m of cat bond notes to the BSX takes the total volume of cat bonds listed on the exchange to […]

The Bermuda Stock Exchange (BSX) have issued a press release announcing that they now play host to over $2 billion worth of insurance-linked securities and catastrophe bonds. The value of ILS listed on the BSX has doubled since July 2010 and this is the first time that the value of ILS listed on the island […]

Not content with the listing of millions of shares announced a couple of days ago, CATCo Investment Management have listed additional Class C shares of their CATCo Reinsurance Opportunities Fund on the Bermuda Stock Exchange.

The Bermuda Stock Exchange (BSX) has approved the secondary listing of both ordinary and Class C shares of the CATCo Reinsurance Opportunities Fund Ltd., operated by CATCo Investment Management Ltd. Effective on the 20th May, the BSX listing committee approved listing of 87,642,000 ordinary shares and 124,446,737 Class C shares. The primary listing sits on […]

Prime Management Limited, a Bermuda based independent provider of fund administration services to onshore and offshore hedge funds with a focus on risk-linked securities such as catastrophe bonds, has joined the Bermuda Stock Exchange (BSX) as a Listing Sponsor.

The Bermuda Stock Exchange (BSX) has issued a press release to announce that they have hit a record volume of insurance-linked securities (catastrophe bonds) listed on their exchange. The recent completion of the Munich Re issued Queen Street II Capital Ltd. transaction has taken the amount of cat bonds listed in Bermuda to $1.814 billion.

Munich Re has listed the notes of its recently closed $100m Queen Street II Capital Ltd. U.S. hurricane and European windstorm catastrophe bond on the Bermuda Stock Exchange. This will please Bermuda which is seeking to grow its share of the global catastrophe bond market by offering attractive listing terms to issuers.

In our first interview of 2011 we spoke with Greg Wojciechowski, President and CEO of the Bermuda Stock Exchange (BSX). The BSX is seeking to raise its profile within the insurance-linked securities (ILS) sector and wants to make Bermuda the domicile of choice for listing of catastrophe bond notes. We asked Greg about the BSX’s […]

Bermuda has been trying to catch up with the Cayman Islands as a domicile for the insurance-linked securities and catastrophe bond marketplace after having slipped behind when the Caymans became the domicile of choice. The regulatory and legislative changes that Bermuda have made seem to be having a positive effect as the Bermuda Stock Exchange […]

Flagstone Re have recently completed their third catastrophe bond transaction, Montana Re Ltd. They used their Cayman Islands based SPV Montana Re to issue $210m worth of catastrophe bond notes to secure three years multi-peril cover. The notes from the deal have been listed on the Bermuda Stock Exchange. The BSX press release follows below.