Akibare Ltd.

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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.

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Akibare Ltd.

Akibare Ltd. – At a glance:

Akibare Ltd. – Full details:

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