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.

Share

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
  • Artemis.bm news coverage: Articles discussing Akibare Ltd. from Artemis.bm
  • 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.

———————————————————————
Artemis Live - ILS and reinsurance video interviews and podcastView all of our Artemis Live video interviews and subscribe to our podcast.

All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance video content and video interviews can be accessed online.

Our Artemis Live podcast can be subscribed to using the typical podcast services providers, including Apple, Google, Spotify and more.

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.

Get our free email newsletters for weekly summaries & reminders of stories you may have missed -->

Free sign up