european windstorm

PERILS AG, the Zurich-based provider of industry-wide European catastrophe insurance exposure, industry loss data and indices, has experienced further growth in the use of its industry loss data within ILS and reinsurance transactions.

PERILS AG, the Zurich-based provider of industry-wide European catastrophe insurance exposure, industry loss data and indices, has published a second loss estimate for European windstorm Tini, increasing the initial estimate slightly from €245m to €253m.

The issuance of Assicurazioni Generali S.p.A.’s first catastrophe bond Lion I Re Limited actually saw five new firsts for the cat bond market. The successful completion of this transaction could help to open the cat bond market to more sponsors in future.

Italian insurer Assicurazioni Generali S.p.A., one of the world’s largest primary insurers which also has one of the largest reinsurance programs, is pleased with the flexibility and diversification that its first catastrophe bond Lion I Re Limited brings.

PERILS AG, the Zurich-based provider of industry-wide European catastrophe insurance exposure, industry loss data and indices, has announced a third and updated loss estimate of €1.091 billion for insured property losses from October’s European windstorm Christian.

Assicurazioni Generali S.p.A., one of the world’s largest insurers, has successfully closed the first catastrophe bond it has sponsored, Lion I Re Limited, to secure itself €190m of fully-collateralized European windstorm reinsurance protection at keen pricing.

Credit ratings agency Fitch Ratings is providing the rating for the single tranche of catastrophe bond notes being issued by Lion I Re Limited in the first cat bond transaction to be sponsored by one of the world’s largest insurers, Assicurazioni Generali S.p.A.

The first catastrophe bond issued by Assicurazioni Generali S.p.A., one of the largest insurers in Europe and the world, is set to increase in size to between €180m and €190m while pricing on the Lion I Re Limited cat bond has dropped.

Assicurazioni Generali S.p.A., one of the largest insurers in Europe and the world, is sponsoring its first catastrophe bond with the launch of Lion I Re Limited, a €150m European windstorm cat bond, sources told Artemis this morning.

PERILS AG, the provider of industry-wide European catastrophe insurance exposure, data and indices, has released the 2014 update of its exposure database which shows that European windstorm insured exposures are up 3.5% on a constant FX rate basis.