european windstorm


Generali targets EUR200m Lion III Re “green cat bond”

Italian and global insurance giant Assicurazioni Generali S.p.A. is back in the catastrophe bond market with its fourth issuance, a EUR 200 million Lion III Re DAC cat bond through which it is seeking collateralized catastrophe reinsurance while adding "green" features to a cat bond issue. It's Assicurazioni Generali's first cat read the full article →

AXA not renewing its Calypso cat bond for 2018

French insurance and reinsurance carrier AXA is not renewing its property catastrophe bond for 2018, as the firm currently finds traditional reinsurance pricing more attractive and sees the costs of sponsoring cat bonds, both financially and in terms of effort, as high. AXA has tapped the catastrophe bond market a number read the full article →

Lion II Re cat bond from Generali set new pricing multiple low: GC Securities

The recently completed EUR 200 million Lion II Re DAC catastrophe bond transaction set a new low in terms of the pricing multiple, of the expected loss level to the amount of coupon that investors will be paid, in the history of the 144a cat bond market, according to GC read the full article →

Generali hails “innovative & flexible” Lion II Re catastrophe bond

Italian headquartered global insurer Assicurazioni Generali S.p.A. has hailed the completion of its latest and third catastrophe bond, the recently completed Lion II Re DAC transaction, as an "innovative and flexible" example of how the insurer intends to manage its capital going forwards. Generali executives hailed the completion of what the read the full article →

Generali’s Lion II Re cat bond prices at bottom of reduced guidance

Another catastrophe bond has been priced at the bottom end of an already reduced spread range, as sponsor Assicurazioni Generali S.p.A. has secured its latest catastrophe bond, the Lion II Re DAC European flood exposed transaction, at a very competitive rate. Yesterday we wrote that the suggested coupon had fallen below read the full article →

Pricing falls below initial guidance on Generali’s Lion II Re cat bond

Generali's latest EUR 200 million catastrophe bond, the Lion II Re DAC transaction that looks to secure reinsurance protection against European perils including flood risks, has seen its suggested coupon fall below the initial launch guidance, as ILS investors demonstrate their comfort with the first Euro flood indemnity triggered bond. The read the full article →

Generali seeks EUR200m Lion II Re cat bond, includes Euro flood risk

Another new catastrophe bond has come to market, this time with the third visit to the cat bond market in recent years from Italian and global insurance giant Assicurazioni Generali S.p.A. with a EUR 200 million Lion II Re DAC transaction, as it seeks reinsurance protection against European perils including read the full article →

PERILS releases catalogue of European windstorm footprints

PERILS AG, the Zurich based provider of catastrophe insurance data and industry loss indices, has released a new product, a catalogue containing the gust footprints for over 200 of the largest European windstorms from 1979 to 2015. Robust sources of historical data are vital to insurance, reinsurance and insurance-linked securities (ILS) read the full article →

Higher temperatures could drive greater Euro windstorm losses: ABI, AIR

Analysis by catastrophe risk modeller AIR Worldwide for the Association of British Insurers (ABI) underlines the potential for increasingly costly European windstorms, driven by climate change and rising temperatures. The analysis looks at the UK, and claims that temperature increases of just a small number of degrees is expected to drive read the full article →

European windstorms under investigation, Egon a $100m+ loss

European windstorm Egon and European windstorm Barbara are both under investigation by PERILS AG, and Aon Benfield's Impact Forecasting unit said Egon will likely result in an insurance industry loss of over $100 million. PERILS AG, the provider of industry-wide European catastrophe exposure, insurance and reinsurance industry loss data and indices, read the full article →