Archive for January, 2014

The World Economic Forum (WEF) has published its Global Risks 2014 report, the latest update to the report where the WEF works with insurers, risk management professionals and academics to highlight the main global risks the world will face in coming years.

Zurich-based PERILS AG, provider of industry-wide European catastrophe insurance exposure, industry loss data and indices widely used by insurance-linked securities issuers, has released an initial loss estimate for December’s European windstorm Xaver.

Specialist Swiss-based insurance-linked securities (ILS) and reinsurance-linked investment manager Twelve Capital is issuing its first private catastrophe bond, named Dodeka I, as a way to acquire transformed risk for its more liquid investment strategies.

Lawfirm Cadwalader, Wickersham & Taft LLP has promoted to Partner an attorney who has been involved in the firms work in the insurance-linked securities (ILS), catastrophe bond and reinsurance arena.

Reinsurance and retrocessional reinsurance investment manager CATCo Investment Management has successfully allocated capital to a 2014 portfolio which could generate returns significantly above target, but with lower risk and better protection.

Specialist Zurich-based insurance-linked securities and reinsurance-linked investment manager Twelve Capital achieved attractive returns across its core strategies of catastrophe bond funds, ILS mandates and insurance bond funds in 2013.

Bermuda based insurance-linked securities (ILS) and reinsurance-linked asset manager New Ocean Capital Management Limited has announced the successful launch of two new reinsurance investment strategies today.

The Aon Benfield ILS Indices, a set of indices calculated using month-end pricing data for outstanding catastrophe bonds and insurance-linked securities saw impressive performance in 2013, largely outperforming 2012 returns.

Centrum Bank, a private bank headquartered in Liechtenstein, owned and operated by a foundation set up by the Marxer family, appreciates the diversification properties of its investments in insurance-linked securities (ILS).

Investors in the CATCo Reinsurance Opportunities Fund, the London listed reinsurance-linked investment fund, will be pleased this morning after it announced a contingent distribution to shareholders from commuted Japanese earthquake exposures.