Archive for September, 2011

It’s time for another of our regular quick looks at the Swiss Re Cat Bond Performance Indices to see how their performance reflected the mood and state of the catastrophe bond and insurance-linked securities market over the last fortnight. When we last looked both of the indices had dropped due to nervousness caused by a major […]

It’s been another busy week in the market with activity and discussion of private deals, expected losses to tornado exposed catastrophe bonds, more speculation on the amount of investment capital likely to flow into ILS and more tropical storms spinning in the Atlantic. Here, to give our readers a chance to catch up on any […]

Some confusion has come to light over the Nelson Re Ltd. catastrophe bond which was thought to have been triggered and to have lost close to $27m of investors principal. Back in July, sponsor Glacier Re had reported a proof of loss which would have seen investors only recover 60.6% of the $67.5m tranche of […]

Ratings agency Standard & Poor’s published a report on Monday this week providing some insight on the health of the global reinsurance industry. It says that their outlook on the sector remains stable as the multiple catastrophes faced this year fails to erode most reinsurers capital surplus. The report contains some interesting thoughts on reinsurers […]

Swiss Re has published a preliminary estimate for the amount of insured losses resulting from natural  and man-made catastrophes during the first half of 2011. The first six months of the year have seen some of the largest insured losses for certain perils, including the Japanese earthquake in March and some devastating and costly U.S. […]

Proponents of longevity risk transfer through instruments such as securitization via a catastrophe bond type structure (in a similar manner to Swiss Re’s Kortis Capital deal), or swaps, derivatives and hedging mechanisms, will be pleased to learn that this has now become a topic of discussion in China.

A new report published by ratings agency Standard & Poor’s suggests that the traditional life reinsurance market has been shrinking since 2003 and now participants in this market are seeking new, non-traditional ways to stimulate growth. Another trend which is leading S&P to suggest that non-traditional risk transfer could see growth in the life reinsurance […]

French reinsurer SCOR has now launched and begun marketing the insurance-linked securities fund which they first hinted at nearly a year ago, according to an investor presentation (PDF) which discusses the progress they are making with their ‘Strong Momentum’ strategic three year plan.

Risk modeller AIR Worldwide has reported that tropical storm Talas, which made landfall on the Japanese island Shikoku on Friday before heading across the main island of Honshu has caused extensive damage despite being a weak storm. Talas dropped significant amounts of rainfall on Japan as it slowed and crossed the islands very slowly, allowing […]

The 2011 Atlantic Hurricane Season is really beginning to hot up and there are currently three named storms to keep an eye on. Similar to last year though, it’s hard to tell what, if any real impact they will have on the U.S. The 2011 season is certainly proving to be very active, as had […]