Swiss Re Insurance-Linked Fund Management

Original Risk: A Society for Change Agents

Akibare Ltd.

The Artemis Catastrophe Bond and Insurance-linked Securities Deal Directory aims to provide a one-stop resource for information on every cat bond and ILS transaction we hold information on. The content of this Deal Directory is provided as is and there will be some omissions. Help us to keep these cat bond and ILS transaction summaries up to date by contacting us if you see an error or omission that you can correct.


Akibare Ltd. – At a glance:

  • Issuer: Akibare Ltd.
  • Cedent / sponsor: Mitsui Sumitomo
  • Placement / structuring agent/s: Swiss Re Capital Markets structured and managed the deal
  • Risk modelling / calculation agents etc: RMS
  • Risks / perils covered: Japan typhoon
  • Size: $120m
  • Trigger type: Parametric index
  • Ratings: S&P: Class A - 'BB+', Class B - 'BB+'
  • Date of issue: May 2007
  • news coverage: Articles discussing Akibare Ltd. from
  • Other coverage: Link to external coverage

Akibare Ltd. – Full details:

Akibare Ltd is a parametric securitization of Japan typhoon risk that uses 10-minute mean wind speeds, observed over 900 stations of the Automated Meteorological Data Acquisition System (AMeDAS) network in Japan to calculate peak gust wind speeds.

Risk Management Solutions has designed the trigger mechanism and performed the risk analysis.

Register today for ILS Asia 2023, our next insurance-linked securities (ILS) market conference. Held in Singapore, July 13th, 2023.

Artemis ILS Asia 2023 - Insurance-linked securities conference in Singapore

Get a ticket soon to ensure you can attend. Secure your place at the event here!

Print Friendly, PDF & Email

« Go back to the Catastrophe Bond Deal Directory

Help us keep this valuable resource up to date. If you have information on a catastrophe bond or insurance-linked security deal we have not covered or can see something that we should change, please contact us to let us know.