Interest in the catastrophe bond market and demand for new issuance is showing no sign of letting up, as investor sources tell us that the latest cat bond deal to come to market has increased in size a little and the price guidance has been reduced a lot. MultiCat Mexico Ltd. Series 2012-1, the 22nd […]

Another U.S. public body pension fund has committed capital to the reinsurance-linked investment space in recent weeks, as interest in the reinsurance space continues to grow from large pension funds. The Ohio School Employees Retirement System, a defined benefit public pension fund that provides pensions and access to health care coverage Ohio’s school employees, has […]

Bermuda based reinsurer Third Point Re, backed by a hedge fund and institutional investors, are partnering with Hiscox Insurance Company (Bermuda) Limited in the development of their first catastrophe reinsurance fund efforts. A few weeks ago we wrote that Third Point Re were raising capital for a new property catastrophe reinsurance fund and now it […]

Swiss insurance-linked securities investment manager Plenum Investments may target UK retail investors with its catastrophe bond fund if there is sufficient interest to bring the fund there, according to comments from Plenum’s chief executive Rainer Grünig. Quoted in the FT Adviser, Grünig said that the Plenum CAT Bond Fund, which is currently available in Swiss […]

Property Claims Services (PCS), a leading source of data on insured property losses from catastrophes in the U.S. and part of the Verisk group of companies, have today published their latest quarterly update on the catastrophe bond market. The report takes a look at the market from PCS’ perspective and contains insight into the use […]

There has been some discussion of the potential for catastrophe bonds in China for transferring earthquake risks to the capital markets ever since the 6th Annual European Insurance-Linked Securities Conference, held by rating agency Standard & Poor’s in London last week. We attended the event but have only now had time to write down our […]

Lloyd’s of London, the world’s oldest insurance and reinsurance market, where large amounts of the globes risk comes to be transferred into and between the syndicates and companies operating there. Lloyd’s is the market where reinsurance-linked investments began, as backers put capital into syndicates to back underwriting of risks and members could be individuals or […]

The results of a poll conducted in July 2012 amongst trustees, finance directors, and other pension fund executives from 51 different UK pension funds, show that the pension funds consider longevity risk as the biggest single threat to their funding levels. Respondents were asked to rank a series of risks according to potential for impact […]