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Isosceles Insurance ILS platform in $25m private cat bond issuance

Isosceles Insurance Ltd., the private insurance-linked securities (ILS) and catastrophe bond platform operated by Marsh McLennan and reinsurance broker Guy Carpenter, has issued a new $25 million Isosceles Insurance Ltd. (Series 2021-B1) transaction, the third we've listed from the vehicle so far. The Isosceles Insurance Ltd. (or Isosceles Re) platform was read the full article →

Cat bond lite issuance continues apace in 2021

The number of privately placed catastrophe bond transactions issued in the first-quarter of 2021 is the most ever recorded for the period and ensured that once again, the dollar-value of issuance from these cat bond lite deals came in above the ten-year average for the period. Artemis’ Q1 2021 catastrophe bond read the full article →

Catastrophe bond & related ILS market hit new high at end of Q1

The outstanding market size of catastrophe bonds and related insurance-linked securities (ILS) continued to grow in the first-quarter of 2021, reaching new highs of $34.34 billion, based on property cat, life, health and specialty or other line of business cat bonds, or $48.13 billion if you include the mortgage ILS read the full article →

Catastrophe bond & related ILS issuance hit $4.63bn in Q1 2021: Report

Issuance of new catastrophe bonds and related insurance-linked securities (ILS) continued apace in the first-quarter of 2021, with the period seeing $4.63 billion of new risk capital come to market, according to the latest report and data from Artemis. Our latest quarterly report on the catastrophe bond and related insurance-linked securities read the full article →

Twelve Capital & Hannover Re linked private cat bonds extended

A slew of private catastrophe bonds have had their maturity dates extended this week, as continued uncertainty related to prior period catastrophe loss activity means collateral continues to be held in case of any qualifying losses becoming applicable to the subject reinsurance or retrocession. Many private cat bonds have seen their read the full article →

Hannover Re lifts Seaside Re catastrophe bonds to $136.4m for 2021

Hannover Re, the German headquartered global reinsurance firm, has facilitated another three Seaside Re private catastrophe bond transactions around this January 2021 renewals, taking the total seen to $136.4 million across ten transactions. As we explained yesterday, we had seen the first seven of these transactions, as Hannover Re's Bermuda based read the full article →

Hannover Re’s vehicle Kaith Re issues $76.4m of Seaside Re cat bond lites

Global reinsurance company Hannover Re has facilitated more private catastrophe bond transactions around this Janaury 2021 renewals, with the firms Kaith Re transformer having issued $76.4 million of Seaside Re cat bond lite notes, across seven transactions. These are the first Seaside Re private cat bond issuances to come to light read the full article →

Record catastrophe bond year ends with busy Q4 2020: Report

Catastrophe bond issuance reached record levels in 2020 and the busy year was topped-off with a record fourth-quarter as well, as the market demonstrated its resilience and ability to expand its relevance even under ongoing pandemic conditions, according to the latest report and data from Artemis. Our latest quarterly report on read the full article →

Guy Carpenter’s Cerulean Re ILS platform issues $12.6m of private cat bonds

Cerulean Re SAC Ltd., the private catastrophe bond and insurance-linked securities (ILS) issuance vehicle operated by reinsurance broker Guy Carpenter and Marsh Captive Solutions, has completed another issuance and listed three tranches of Cerulean Re SAC Ltd. (Series 2020-B) notes. The Cerulean Re vehicle was launched in 2017 by Guy Carpenter’s read the full article →

Positive cat bond market momentum continues: Q3 2020 Report

The catastrophe bond market saw continued positive momentum throughout the third-quarter of 2020 and despite continued financial market uncertainty and volatility as a result of the Covid-19 pandemic, the result was an above-average quarter of issuance, according to the latest report and data from Artemis. Our latest quarterly report on the read the full article →