Swiss Re Insurance-Linked Fund Management

Original Risk: A Society for Change Agents



ILS and cat bond issuers may escape commodity pool designation

13th December 2012

Back in October we wrote about an issue that had arisen which could affect issuers of catastrophe bonds and insurance-linked securities due to changing regulation in U.S. financial markets. Under the Dodd-Frank Act the definition of a ‘commodity pool’ was being expanded to include any entity which operates to trade in swaps. At the same […]

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U.S. Treasury requests comments on global reinsurance market

6th July 2012

As part of the Dodd-Frank Act the U.S. Treasury are required to provide a report to Congress on the breadth and scope of the global reinsurance market and the critical role reinsurance plays in supporting the provision of insurance in the United States. Section 502 of Dodd-Frank requests the report from the Federal Insurance Office […]

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Insurers could get exemption from Volcker Rule, but what about ILS issuers?

9th March 2012

The U.S. Securities and Exchange Commission (SEC) is now considering giving insurers an exemption from the Volcker Rule, which was added as part of Dodd-Frank. The ruling looks to restrict financial institutions from certain types of speculative investment strategies. SEC chairman Mary Schapiro said on Tuesday that they are now considering exempting insurers activities in […]

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SIFMA highlights concern about the Volcker Rule to U.S. regulators

27th February 2012

SIFMA, the Securities Industry and Financial Markets Association, have sent a comment letter to the Comptroller of the Currency, the Board of Governors of the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC) regarding proposed rules for implementing Section 13 of the […]

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Pending regulation threatens increased cost and complexity for cat bond issuance

8th November 2011

Earlier today we announced the publication of a Q3 2011 insurance-linked securities market report from Willis Capital Markets & Advisory, the mergers & acquisitions and capital market products division of global broker Willis Group. There were some interesting points in the report worthy of further discussion including some insight into pending regulatory changes which could […]

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