Swiss Re Insurance-Linked Fund Management

Original Risk: A Society for Change Agents

Kane SAC Limited – Muirfield

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.


Kane SAC Limited – Muirfield – At a glance:

  • Issuer: Kane SAC Limited – Muirfield
  • Cedent / sponsor: Unknown
  • Placement / structuring agent/s: ?
  • Risk modelling / calculation agents etc: ?
  • Risks / perils covered: U.S. property catastrophe risks
  • Size: $26.68m
  • Trigger type: Industry loss index
  • Ratings: NA
  • Date of issue: Jan 2015

Kane SAC Limited – Muirfield – Full details:

This private cat bond transaction was issued through the Kane SAC Limited Note Program and was listed on the Bermuda Stock Exchange for secondary liquidity or investor mandate purposes.

The Muirfield Segregated Account has issued $26.68m of notes to investors to collateralize an underlying property catastrophe reinsurance contract.

The notes provide protection for U.S. property catastrophe risks and are triggered on an industry loss basis.

These notes mature on the 12th January 2016.

Register today for ILS NYC 2023, our next insurance-linked securities (ILS) market conference. Held in New York City, February 10th, 2023.

Artemis ILS NYC 2023 - Insurance-linked securities conference in New York City

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.