Dunant Re IC Limited


Red Cross cat bond an impressive example of humanitarian ILS: Plenum

The recent completion of the world’s first pure volcanic risk catastrophe bond for its sponsor the Danish Red Cross, is an impressive example of the use of insurance-linked securities (ILS) in the humanitarian field, according to one of the investors in the bond, Plenum Investments AG. The first volcano cat bond read the full article →

Red Cross cat bond demonstrates Guernsey’s ILS credentials: Aon

The recent completion of the world's first pure volcanic risk catastrophe bond is a demonstration of Guernsey's insurance-linked securities (ILS) credentials, Paul Sykes, Managing Director at Aon has said. The volcano catastrophe bond, which was issued on behalf of sponsoring organisation the Danish Red Cross, was domiciled in Guernsey and drew read the full article →

First volcanic eruption cat bond issued for the Danish Red Cross

The very first catastrophe bond covering pure volcanic eruption risk has now been completed, with a $3 million privately placed issuance brought to market by Replexus and Howden Capital Markets and backed by leading cat bond investors for the Danish Red Cross. The catastrophe bond covers the risk of eruption of read the full article →