Your search for “atlas scor”

Three tranches of catastrophe bond notes issued by Atlas VI Capital Ltd. on behalf of SCOR, the French reinsurance firm, have had their ratings affirmed after they underwent their annual resets of attachment probabilities without any major changes.

French reinsurer SCOR has now issued a press release on its recently launched Atlas Reinsurance X Ltd. fully collateralized reinsurance sidecar, which Artemis covered last week. The reinsurer says the successful launch of the sidecar further demonstrates its access to capital.

French reinsurance firm SCOR has launched a new collateralized reinsurance sidecar vehicle in time for the January renewals. Atlas Reinsurance X Limited launched at the end of 2013 and its $55.5m shares were listed in Ireland.

French reinsurer SCOR recently completed its first non-life Atlas catastrophe bond issuance, the extreme mortality-linked Atlas IX Capital Limited (Series 2013-1). Aon Benfield Securities, the capital markets and investment banking division of the reinsurance broker, structured the deal and acted as a bookrunner.

French reinsurer SCOR has successfully completed its latest catastrophe bond issuance, a mortality linked deal issued through Irish limited company Atlas IX Capital Limited The transaction provides SCOR with a multi-year source of fully-collateralized retrocessional reinsurance for extreme mortality events such as pandemics.

French reinsurer SCOR has made some structural changes to its latest catastrophe bond issuance, the extreme mortality-linked Atlas IX Capital Limited (Series 2013-1), at the last-minute and has pulled one tranche of notes completely from the issuance while increasing the size of the other.

Additional details are now available on the first mortality-linked catastrophe bond of the year. Last week we covered the launch of Atlas IX Capital Limited (Series 2013-1) an extreme mortality insurance-linked security sponsored by French reinsurer SCOR to provide it with retrocessional reinsurance protection.

The first extreme mortality insurance-linked security transaction of 2013 is coming to market, a deal which will be welcomed by many investors seeking diversification. Atlas IX Capital Limited (Series 2013-1) is being launched for sponsoring French reinsurer SCOR and will provide it with retrocessional protection.

French reinsurer SCOR has completed its latest catastrophe bond, securing approximately $228m of multi-year retrocessional reinsurance cover for itself on a fully collateralised basis. Atlas Reinsurance VII Limited saw SCOR offload certain U.S. hurricane, U.S. earthquake and European windstorm risks to capital market investors on both aggregate and per-occurrence basis’ using industry loss index triggers.

Regular catastrophe bond sponsor, French reinsurer SCOR, are returning to the cat bond market for another Atlas issuance. The latest Atlas cat bond see’s them revert back to the original naming convention that they began their ILS market ventures with, using an issuing entity named Atlas Reinsurance VII Limited. The ninth cat bond transaction in […]