News & Analysis Results

Bosphorus 1 Re catastrophe bond completes, rated, lists on BSX

News 29th April 2013

The Turkish Catastrophe Insurance Pool (TCIP) now benefits from a $400m layer of fully-collateralized, parametric earthquake reinsurance protection thanks to the completion of its Bosphorus 1 Re Ltd. catastrophe bond on Friday. The deal, which increased in size by 300% from $100m to the $400m it settled at is the second time that the TCIP […]

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Turkey earthquake cat bond Bosphorus grows again to $400m

News 18th April 2013

According to sources in the catastrophe bond community, investors have demonstrated their appetite for a true diversifying cat bond deal and have helped the Bosphorus 1 Re Ltd. parametric Turkish earthquake cat bond jump in size again to hit $400m. The Bosphorus 1 Re cat bond began as a $100m transaction, then jumped during marketing […]

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Upcoming catastrophe bond maturities by peril

News 8th June 2012

The catastrophe bond market has seen a busy year so far in 2012 with the total volume of new cat bond issuances now sitting at $3.588 billion according to the data in our Deal Directory. As fast as the market grows from new issuances though it is of course shedding capacity at the other end […]

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Recent and upcoming catastrophe bond maturities

News 27th March 2012

As securities go, catastrophe bonds and insurance-linked securities are relatively short duration, with an average lifespan of three years. This means that while new issuance flows into the market there is a constant stream of transactions maturing, coming off risk and freeing up investor capital allowing it to be deployed into the new transactions. A […]

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Cat bond funds expect prices and returns to stabilise

News 20th November 2011

This year has been much harder than normal for the managers of cat bond funds and insurance-linked securities funds. More used to giving their investors great, non-correlated returns on a regular, monthly basis, cat bond funds have had to get used to monthly declines and a pattern of negative returns over the course of 2011.

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Both catastrophe bond indices decline in last fortnight

News 7th November 2011

Another fortnight has passed since we last looked at the Swiss Re Cat Bond Performance Indices to assess how they have performed and reflect the mood and sentiment within the insurance-linked securities market. Last time we looked it seemed that the indices were recovering from the news that the Mariah Re catastrophe bonds were facing […]

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Best of Artemis, week ending 30th October 2011

News 31st October 2011

Last week was peppered with news of catastrophe and weather events once again, as the flooding in Thailand and earthquake in Turkey dominated much of the industries thoughts. The last week also saw a new catastrophe bond issuance from Swiss Re, closure of the latest Munich Re cat bond and discussion of the best reinsurance-linked […]

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Catastrophe bond yields nearing record highs

News 1st June 2009

In the last few days as the U.S. Atlantic hurricane season approached (it’s now officially started) reports have emerged that catastrophe bond yields have climbed back up to near record highs. According to issuers, cat bonds are trading at similar levels to the yields seen just after hurricane Katrina. That’s pretty amazing, and shows that […]

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