Swiss Re Insurance-Linked Fund Management

PCS - Emerging Risks, New Opportunities



Avondale Securities junior tranche downgraded by Moody’s

27th July 2011

Avondale Securities SA., Luxembourg domiciled issuer of  life insurance-linked notes issued on behalf of the Bank of Ireland, has been receiving a lot of attention from ratings agencies over the past year. The economic and sovereign debt troubles of the Irish economy and the links to the deal via the Bank of Ireland have seen […]

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Residential Re 2007 Ltd. cat bond notes downgraded

4th August 2009

We wrote a couple of weeks ago that Standard & Poor’s had placed four tranches of the USAA sponsored catastrophe bond, Residential Re 2007 Ltd., on CreditWatch Negative while they waited for updated occurrence and aggregate exceedence probability curves from AIR Worldwide. Now they have that annual reset information and have taken the expected action […]

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