Archive for July, 2009

We reported in May that Moody’s had placed River Lake IV, a Regulation XXX life insurance reserve relief deal issued by Genworth Financial, on review. Now they’ve announced that the same has happened with River Lake III, the previous deal from Genworth. Both deals had residential mortgage backed securities in their investment portfolio which were obviously […]

It’s time for our monthly update of the pricing on the Swiss Re Cat Bond Total Return Index. Last month we highlighted that it was nearing record highs as yields were driven up by the impending hurricane season and also (we hear) scarcity of deals to invest in. A month later and the index has […]