Sukuk

Share

Iran looks to ILS as reinsurance replacement due to sanctions: Report

It's been reported that Iran is looking to the insurance-linked securities (ILS) market and intends to establish regulations that would allow local companies to leverage ILS as a replacement for reinsurance due to the sanctions the country faces.Iranian insurers are now struggling to access reinsurance capacity and international insurance capacity read the full article →

ATLANTICLUX’s SQ ReVita ViF and Salam III Sukuk ILS deals affirmed

Fitch Ratings has affirmed two insurance-linked securities (ILS) transactions from Luxembourg-based life and annuity focused insurer ATLANTICLUX Lebensversicherung S.A., the SQ ReVita value-in-force (ViF) life securitisation and the Salam III Sukuk (Islamic bond).Fitch affirmed ATLANTICLUX's rating and said that as the SQ ReVita and Salam III Sukuk ILS transactions are read the full article →

First tranche of Salam III Sukuk life insurance-linked securitization issued

The first tranche of the novel Salam III Limited securitization of in-force life insurance policies has now been issued. The unique deal, transacted as an Islamic bond, or Sukuk, is the first time we know of an insurance-linked securitization (ILS) of takaful (Sharia’a-compliant) insurance policies taking place.The Salam III transaction read the full article →

ATLANTICLUX in novel Salam III Sukuk life insurance-linked securitization

ATLANTICLUX, the Luxembourg based life insurer which is an an affiliate of the Munich based FWU Group, has brought to market another novel securitization of in-force life insurance policies and this time it's wrapping the life insurance-linked securities within an Islamic bond, or Sukuk, called Salam III Limited.The Salam III read the full article →