News & Analysis Results

Glacier Re extends Nelson Re catastrophe bond again

News 29th February 2012

Unsurprisingly the Nelson Re Ltd. catastrophe bond saga has not yet been resolved. The uncertainty revolves around whether the investors in the Class G tranche of cat bond notes issued by Nelson Re will face a loss or not, ultimately due to hurricane Ike losses. The disagreement between the sponsor Glacier Re and others including […]

read the full article →

Best of Artemis, week ending 22nd January 2012

News 23rd January 2012

The catastrophe bond and insurance-linked securities market has got off to a busy start in 2012, with five transactions being marketed and another cat bond lite having been issued. In the last week we’ve also seen more discussion of cat bonds for U.S. State windstorm insurance providers, capital raising news, renewals information, news of an […]

read the full article →

Catastrophe bond maturities continue apace in June

News 10th June 2011

The rate of catastrophe bond maturities has picked up with five transactions maturing in the last few days and another two due to mature before the end of the month. With close to $2.4 billion of cat bonds due to mature by the end of this quarter there is plenty of excess capital which is […]

read the full article →

Nelson Re catastrophe bond remains on review for possible downgrade

News 28th August 2009

Moody’s Investor Service has announced that it will be keeping the Class G notes of catastrophe bond Nelson Re Ltd. on review pending a possible downgrade pending further information from the sponsor. Glacier Reinsurance AG sponsored Nelson Re. Moody’s requires further information to be able to assess loss estimates by line and state, work out […]

read the full article →