Archive for November, 2011

Another week, another article in the press discussing the growing interest in catastrophe bonds and insurance-linked securities amongst the investment community. eFinancialNews.com (a Dow Jones franchise) carries an article (titled ‘Investors see opportunity in devastation risk’) today discussing the merits of cat bonds and other ILS and the growing interest in them from investors who […]

Swiss based boutique finance and investment house with a focus on insurance and risk linked securitization Secquaero Advisors Ltd. has been featured in a number of articles in the German press in the last week or so. The articles demonstrate the increasing interest in insurance-linked securities and catastrophe bond investment opportunities around the world, as […]

Investment manager GAM has announced the launch of a UCITS version of their catastrophe bond fund today. GAM Star Cat Bond is a UCITS-compliant fund which aims to deliver stable and attractive returns from a diversified basket of underlying catastrophe bonds and insurance-linked securities. They are seeking to provide attractive returns which are not correlated […]

Another fortnight has passed since we last looked at the Swiss Re Cat Bond Performance Indices to assess how they have performed and reflect the mood and sentiment within the insurance-linked securities market. Last time we looked it seemed that the indices were recovering from the news that the Mariah Re catastrophe bonds were facing […]

The last seven days saw another new cat bond come to market, news of further losses to be faced by investors in U.S. tornado cat bonds, realisation of growing losses in Thailand from the devastating flooding and further discussion of the diversifying nature of insurance-linked securities.  If you missed any of our stories from the […]

Yesterday we updated you on the PERILS AG industry loss index usage within the insurance-linked securities and ILW markets and our article shows how use of the index and underlying data has grown to include 40 insurance risk transfer transactions with $3.18 billion worth of capacity. PERILS AG published their latest newsletter yesterday and it […]

A new catastrophe bond has begun marketing for ceding insurer National Union Fire Insurance Co. of Pittsburgh, a subsidiary of Chartis. Chartis (themselves an AIG subsidiary) are of course a regular cat bond sponsor and their two Lodestone Re cat bonds issued in 2010 both provided cover to the same subsidiary. Compass Re Ltd. Series […]

The Micro Insurance Catastrophe Risk Organisation (MiCRO) has signed a grant agreement supporting their parametric catastrophe micro-insurance programme for Haiti with the Caribbean Development Bank (CDB). The CDB will be administering the multi-donor trust fund that supports the operations of MiCRO.

CelsiusPro AG, the Swiss-based weather risk management specialist, are continuing their push into the construction sector through a new partnership with the Irish Construction Industry Federation (CIF). This follows their previous partnerships which saw them team up with construction organisations in the UK and the Netherlands to help them promote their weather risk products to […]

The last time we wrote about PERILS AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data and loss indices, they had just reported that their industry loss index had been used for over $2.79 billion worth of risk transfer transactions (including ILW’s and catastrophe bonds). Now, just a month and a half later […]