Halyard Re

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.


Halyard Re – At a glance:

  • Issuer: Halyard Re
  • Cedent / sponsor: Sorema
  • Placement / structuring agent/s: Merrill Lynch, Aon Capital Markets
  • Risk modelling / calculation agents etc: RMS
  • Risks / perils covered: Japan typhoon, European windstorm, Japan earthquake
  • Size: $17m
  • Trigger type: Indemnity
  • Ratings: ?
  • Date of issue: May 1999

Halyard Re – Full details:

Coverage for Japanese Earthquake and pan-European Windstorm events.

$17 million of variable rate notes, triggered by 80 million Euros of windstorm losses in Europe, or typhoon or earthquake loss in Japan that exceeds 10.6 billion yen. Notes mature in 2002.

Halyard Re isthe first catastrophe bond that provides indemnity coverage for Japanese Earthquake and pan-European Windstorm events.

Artemis London 2022 - Insurance-linked securities conference in LondonTickets are selling fast for Artemis London 2022, our first ILS conference in London. Sept 6th, 2022.

Register 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.