Your search for “"Successor X Ltd"”

Swiss Re’s latest Successor X Ltd. catastrophe bond transaction appears to have completed as two tranches of notes have listed on the Cayman Islands stock exchange. Initially the Successor X Ltd. Series 2012-1 deal was constructed of three tranches of notes, but just two have listed on the exchange. We’re unsure whether the third tranche […]

After the flurry of catastrophe bond deals which closed during December 2010, January 2011 has seemed a little quiet so far. Now Swiss Re have kicked off the 2011 catastrophe bond market with a new issuance under their Successor X Ltd. Cayman Islands domiciled special purpose vehicle. This will be the fourth issuance under the […]

Swiss Re is bringing to market two new tranches of catastrophe bond notes under it’s Successor X Ltd. SPV. Earlier this year Swiss Re issued $120m worth of notes through Successor X Ltd. to provide them with cover for a portion of their U.S. hurricane, European windstorm, California earthquake and Japanese earthquake risks.

Swiss Re have announced completion of their latest catastrophe bond transaction. Successor X Ltd. Series 2010-1, the second transaction under the Successor X Cayman Island SPV, is a three year multi-peril deal. The transaction provides Swiss Re with cover for a portion of their U.S. hurricane, European windstorm, California earthquake and Japanese earthquake risks.

Swiss Re is preparing to launch a new catastrophe bond issue under it’s Successor program. The Successor X Ltd. Series 2010-1 notes are designed to provide Swiss Re with protection against U.S. hurricane and European windstorm risks for a period of three years from March 2010 to March 2013.

Swiss Re is preparing to bring a new one year catastrophe bond to market in the very near future. Successor X Ltd., expected to be a $50m deal although that could rise before it is issued, will replace and update the existing Successor cat bond program with new indices and collateral structure. This transaction will […]

The recently completed Laetere Re Ltd. (Series 2016-1) catastrophe bond transaction, which was sponsored by three United Insurance Holdings subsidiaries, was the first 144A cat bond to be structured as a discount note since 2009, according to reinsurance firm Swiss Re.

Once again, the last week has seen an increasing focus on higher yielding catastrophe bond notes in the secondary trading market, as investors seek to maximise their returns with any opportunities to buy notes that yield above the average of recent new issuance.

Over the last few weeks, secondary market pricing indications from catastrophe bond trading desks show that the hurricane Sandy threatened Successor X Ltd. (Series 2011-3) Class V-F4 cat bond notes are considered by investors to be increasingly less likely to face any losses from the superstorm.

The latest secondary market pricing indications from catastrophe bond trading desks show that the hurricane Sandy threatened Successor X Ltd. (Series 2011-3) Class V-F4 cat bond notes continue to be considered at risk by investors. Pricing indications are a good measure of investor sentiment and while the average price has risen slightly since the end of […]