Atlas IX Capital Ltd

Share

SCOR into its retrocession for any further Jebi loss creep

French reinsurance firm SCOR is now covered for further loss creep from Japanese typhoon Jebi, with the loss now having triggered its retrocessional protection.SCOR had previously booked a lot of negative development in the first-quarter of the year for events like typhoon Jebi, as the event continued to push loss read the full article →

SCOR due $26m as 2017 hurricanes trigger Atlas IX 2015-1 cat bond

Global reinsurance firm SCOR is set to receive an almost $26 million payout after its aggregated losses from the 2017 hurricanes Harvey, Irma and Maria triggered its $150 million Atlas IX Capital Limited (Series 2015-1) catastrophe bond.The Atlas IX Capital 2015-1 catastrophe bond provided SCOR with a $150 million multi-year read the full article →

SCOR optimises retrocession, diversifies capital with Atlas IX cat bond

French reinsurance company SCOR’s $150m U.S. wind, U.S. and Canada earthquake catastrophe bond Atlas IX Capital Limited (Series 2015-1) is seen as a tool used to optimise the reinsurers retrocession and diversify its risk capital sources, the firm said yesterday.In an announcement on the soon-to-complete Atlas IX Capital cat bond, read the full article →

SCOR’s $150m Atlas IX cat bond priced at lowest end of guidance

French reinsurer SCOR’s latest $150m U.S. wind, U.S. and Canada earthquake catastrophe bond Atlas IX Capital Limited (Series 2015-1) has now been priced, and it settled right at the lowest end of the initial guidance, reflecting continued investor appetite for ILS risks.The Atlas IX Capital 2015-1 cat bond transaction launched read the full article →

Price guidance on SCOR’s $150m Atlas IX cat bond narrows at low-end

Price guidance on French reinsurer SCOR's latest $150m U.S. wind, U.S. and Canada earthquake catastrophe bond Atlas IX Capital Limited (Series 2015-1) has narrowed right at the low-end of initial guidance, according to sources.SCOR's latest cat bond transaction launched almost a fortnight ago and sees the reinsurance firm seeking $150m read the full article →

SCOR in $150m Atlas IX Capital 2015-1 wind & quake cat bond

French reinsurance firm SCOR is back in the ILS market with a proposed $150m U.S. wind, U.S. and Canada earthquake catastrophe bond Atlas IX Capital Limited (Series 2015-1), as it seeks to expand its capital markets sourced retrocession coverage.This is the second issuance of insurance-linked securities (ILS) through SCOR's Ireland read the full article →

SCOR’s Atlas IX Capital mortality bond well received by investors

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.Through the transaction, SCOR receives $180m of U.S. read the full article →

SCOR completes Atlas IX Capital mortality bond at $180m

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.This first issuance through Atlas IX Capital does not read the full article →

SCOR restructures Atlas IX Capital mortality cat bond, pulls tranche

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.We can't be certain but it does read the full article →

Atlas IX Capital mortality cat bond increases in size, price drops

Capital markets and third-party investors have shown their approval of the first mortality-linked catastrophe bond of the year, Atlas IX Capital Limited (Series 2013-1) an extreme mortality insurance-linked security sponsored by French reinsurer SCOR, helping it to grow in size and pushing pricing expectations down.The Atlas IX Capital Ltd. transaction, which read the full article →