Solidum completes second blockchain catastrophe bond issue

Insurance and reinsurance linked investment specialists Solidum Partners has created, issued and settled a second private catastrophe bond on the blockchain, with a roughly $15 million multi-tranche transaction which we've added to our Deal Directory as Jungfrau IC Limited 2018.Last year, Solidum Partners became the first to create and settle read the full article →

First ILS secondary trade on a blockchain completed

Solidum Partners AG, the Swiss based catastrophe bond and ILS investment fund manager, has successfully completed the first ILS secondary trade on a blockchain, after a new investor member joined its private ILSBlockchain and entered into the transaction with one of Solidum's funds.Solidum Partners completed an innovative private catastrophe bond read the full article →

Reinsurance blockchain prototype launched by B3i

At the Monte Carlo Reinsurance Rendez-vous event a working prototype of a blockchain powered reinsurance transaction platform was launched by the group of fifteen global insurers and reinsurers that make up the B3i (Blockchain Insurance Industry Initiative).The distributed ledger system built on a blockchain technology was demoed to an audience read the full article →

First blockchain settlement for cat bond completed by Solidum

Insurance and reinsurance linked investment specialists Solidum Partners have completed a private catastrophe bond transaction, a $14.8 million Dom Re IC Limited 2017, which has become the first such securitisation to be settled using a private blockchain.The transaction was issued using Solidum Partners Guernsey-domiciled transformer vehicle Solidum Re (Guernsey) ICC read the full article →

Blockchain needs standards in reinsurance: Swiss Re

Global reinsurance firm Swiss Re said that the major players are aware of the need for standards in blockchain related technology initiatives and hence the Blockchain Insurance Industry Initiative (B3i) involving some of the world's largest re/insurers is important.Kurt Karl, Swiss Re's Chief Economist and Global Head of the Swiss read the full article →