chubb

One of the outstanding catastrophe bonds which has been considered most at risk of losses from hurricane, or superstorm, Sandy is U.S. insurer Chubb’s East Lane Re IV Ltd., particularly the Class B tranche of notes which have the lower trigger attachment point.East Lane Re IV has seen one of the largest mark-to-market price impacts […]

U.S. insurer Chubb Group announced their first quarter results for 2012 on the 19th April and held an earnings conference call where the senior management team discussed key highlights of the last three months. One of those highlights was the successful issuance of Chubb’s fifth catastrophe bond transaction, East Lane Re V Ltd., and CFO […]

Chubb’s latest, and fifth, catastrophe bond in the East Lane series of transactions completed and priced last week (more on that here). Now Standard & Poor’s have officially assigned their ratings to the two tranches of notes issued by East Lane Re V Ltd. and the shelf programme and notes have been listed on the […]

The latest catastrophe bond from U.S. insurer Chubb Group has closed and priced at an upsized $150m. The fifth cat bond from Chubb, East Lane Re V Ltd. began marketing as a $125m cat bond in two Series 2012-1 tranches, seeking a source of collateralized reinsurance cover on an indemnity trigger, per-occurrence basis over a […]

Chubb’s latest foray into the catastrophe bond market, East Lane Re V Ltd. which we uncovered initial information about on Tuesday, received its preliminary rating from Standard & Poor’s yesterday. As such we have more detail on the transaction to share with you. The deal is targeting $125m of indemnity based, fully collateralized risk transfer […]

U.S. insurer Chubb Group are returning to the catastrophe bond market to sponsor another of their regular East Lane transactions according to market sources. This will be Chubb’s fifth cat bond, having sponsored four East Lane Re deals previously with the last transaction coming to market last March. East Lane Re V Ltd. is being […]

A further $200m of catastrophe bond notes have matured in the last few days. Chubb Groups 2008 cat bond East Lane Re II Ltd., which provided them with cover for various perils including hurricanes, earthquakes, winter storms and wildfires in the U.S. and Canada, has matured without loss.

Chubb Corporation, one of the largest insurance groups and a regular sponsor of catastrophe bonds, recently announced their results for the first quarter of 2011 and held an earnings conference call which featured comments from their senior management team. As an active sponsor of cat bonds it’s always interesting to hear any comments they make […]

Chubb are returning to the catastrophe bond market for their fourth transaction in the East Lane Re series of deals. They last issued a cat bond in February 2009 under East Lane Re III to protect their subsidiary Federal Insurance against Florida hurricane risks. This latest deal is a multi-peril transaction which should be attractive […]

Here’s a few extracts from the recently filed third quarter report of Chubb Corp. There was quite a lot of information about their use of catastrophe bonds and what portion of their reinsurance and risk transfer is made up of cat bonds which we thought of interest to our readers. Chubb have been using cat […]