european windstorm

PERILS AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data and loss indices,has published their latest newsletter today updating the market on the events of 2011 and the progress that PERILS have made. The last time we reported on PERILS progress they had just reached $3.18 billion of risk transfer capacity placed using […]

PERILS AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data and loss indices,has published an updated loss estimate for European windstorm Andrea which hit western Europe on the 4th and 5th of January 2012, impacting Germany, UK, France, Benelux and Switzerland. The initial loss estimate that PERILS gave this storm back in February […]

PERILS AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data and loss indices, has updated the insured loss estimate for European windstorm Joachim, which occurred from 15 – 17 December 2011 in Western Europe. The first estimate, published at the end of January, pegged the insured loss estimate for windstorm Joachim at €300m.

The notes from the recently completed Queen Street V Re Ltd. catastrophe bond transaction have been approved for listing on the Bermuda Stock Exchange (BSX). The fifth cat bond from Munich Re in their Queen Street series of transactions, provides them with $75m of cover for U.S. hurricanes and European windstorms. It’s the third new […]

GC Securities, the capital markets arm of broker Guy Carpenter, have issued a press release which discusses their role as sole bookrunner on the recently completed Queen Street V Re Ltd. catastrophe bond which was issued for sponsoring reinsurer Munich Re. This fifth Queen Street cat bond from Munich Re completed recently, securing them a […]

German reinsurer Munich Re has successfully completed their latest catastrophe bond through newly established Bermuda SPV Queen Street V Re Ltd. This is Munich Re’s fifth cat bond in the Queen Street series and their twelfth cat bond they have sponsored according to our Deal Directory listings. Queen Street V Re will provide Munich re […]

PERILS AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data and loss indices, has released an initial loss estimate for another of the European windstorms which affected the region this winter. Windstorm Andrea hit western Europe on the 4th and 5th of January 2012, impacting Germany, UK, France, Benelux and Switzerland.

German reinsurance firm Munich Re is returning to the insurance-linked securities market with another transaction in their Queen Street series of catastrophe bond transactions. Munich Re are a regular participant in the ILS and cat bond markets, and this latest cat bond will be their fifth Queen Street deal, but we actually have Munich Re […]

PERILS AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data and loss indices, has published an initial loss estimate for European windstorm Joachim, which struck western Europe from the 15th to 17th December 2011. PERILS data is used to measure losses for and their indices are used to set trigger points for many […]

Reinsurer SCOR have announced the successful completion of their latest catastrophe bond transaction, Atlas VI Capital Ltd. 2011. It’s SCOR’s eighth time tapping the capital markets for catastrophe cover through one of their Atlas vehicles and this latest deal saw them issue three tranches of notes in two series, providing them just over $330m of […]