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Successor X V-F4 catastrophe bond notes climb back towards par

Over the last few weeks, secondary market pricing indications from catastrophe bond trading desks show that the hurricane Sandy threatened Successor X Ltd. (Series 2011-3) Class V-F4 cat bond notes are considered by investors to be increasingly less likely to face any losses from the superstorm.The pricing indications from secondary cat read the full article →

Successor X V-F4 catastrophe bond notes still in the doldrums over Sandy

The latest secondary market pricing indications from catastrophe bond trading desks show that the hurricane Sandy threatened Successor X Ltd. (Series 2011-3) Class V-F4 cat bond notes continue to be considered at risk by investors. Pricing indications are a good measure of investor sentiment and while the average price has risen read the full article →

Swiss Re completes Successor X cat bond at $150m

The Successor X Ltd. catastrophe bond from Swiss Re has now completed and upsized yet again to $150m. Given that this transaction from Swiss Re started marketing at just $50m it's testament to the strength of demand that this has tripled in size.Swiss Re are saying that Successor X provides read the full article →

Swiss Re preparing Successor X Ltd. catastrophe bond for launch

Swiss Re is preparing to bring a new one year catastrophe bond to market in the very near future. Successor X Ltd., expected to be a $50m deal although that could rise before it is issued, will replace and update the existing Successor cat bond program with new indices and read the full article →