Catastrophe bond news

U.S. primary insurer Chubb has returned to the catastrophe bond market to sponsor a $225m East Lane Re VI Ltd. (Series 2015-1) multi-peril transaction. For the 2015 deal the insurer has taken a leaf form USAA’s book, including volcanic eruption and meteorite impact risks in the deal.

A reasonably active January in the secondary market for catastrophe bonds and insurance-linked securities (ILS) reflected a number of trends, not least ILS investors adjusting portfolios post-reinsurance renewals and a shift towards collateralized reinsurance investments.

The latest in our series of articles featuring leading figures from the insurance-linked securities (ILS) and reinsurance arena views on the markets prospects for 2015 features Asha Attoh-Okine, Managing Senior Financial Analyst of Insurance-Linked Securities, A.M. Best Co.

For the second time Swiss insurer Zurich Insurance Group has increased the attachment point of its Lakeside Re III Ltd. most recent catastrophe bond at the transactions annual reset on 1st January, to adjust for a change to its exposures.

A new company called Huang & Associates Analytics Ltd. (HAA) has been established to focus on meeting the growing insurance-linked securities (ILS) market’s demand for risk analytics solutions and advisory services.

Once again, the last week has seen an increasing focus on higher yielding catastrophe bond notes in the secondary trading market, as investors seek to maximise their returns with any opportunities to buy notes that yield above the average of recent new issuance.

A pioneering tool that offers a detailed view of global potential tsunami events was recently announced by leading catastrophe risk modelling firm, Risk Management Solutions (RMS).

Entropics Asset Management AB, the first insurance-linked securities (ILS) and catastrophe bond fund manager to be established in Scandinavia, has officially opened its SEF Entropics Cat Bond Fund today, with over £8m of investment from Movestic, part of the Chesnara Group.

Here are the ten most popular news articles, week ending 15th February 2015, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing  subscribe to the weekly Artemis email newsletter updates.

Two UCITS catastrophe bond investment funds have been cited as among the top performing UCITS credit strategies of 2014, at a time when investors searching for fixed income and credit allocation options have been struggling.