Swiss Re Insurance-Linked Fund Management

Original Risk: A Society for Change Agents



Trading in weather futures still on the cards for India

15th March 2010

Sources in India have confirmed that exchanges and trading firms are still waiting on the Indian parliament to amend the Forward Contracts Regulation Act in order that new asset classes such as weather futures and index-linked weather contracts can be introduced to markets there. This is seen as essential for India to be seen as […]

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Hurricane futures for 2010 now available on Eurex

20th November 2009

Eurex, the European derivatives exchange, has launched it’s U.S. hurricane futures for 2010. The instruments are now available to trade for the whole of next year for the same three regions as 2009 (U.S. nationwide, Gulf Coast and Florida).  More details are available from Reuters. You can find the hurricane futures on the Eurex website […]

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Box office receipt derivatives on the way?

9th October 2009

The Commodity Futures Trading Commission (CFTC) has put out a press release which asks for public comments on a proposal submitted by Media Derivatives, Inc. to allow them to set up a ‘movie derivatives’ exchange. Veriana Networks, a privately owned company, are applying to launch an exchange called Media Derivatives (MDEX) which would provide a […]

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IFEX reduces minimum block trade amount

7th September 2009

The Insurance Futures Exchange (IFEX) has reduced the block trade minimum for all types of contracts it handles. Back in July they reduced the minimum block trade amount to 25 on it’s new North East and Eastern Seaboard contracts and now that minimum applies to all wind contracts available on the exchange. IFEX say that […]

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The IFEX launches new wind event linked futures contracts

3rd August 2009

The Insurance Futures Exchange (IFEX) has announced that it is expanding its range of event linked futures by listing two new areas on its parent the Chicago Climate Futures Exchange. The two contracts listed are Eastern Seaboard and North East U.S. Tropical Wind, these provide a means to hedge against the less likely (but should […]

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Offshore wind a perfect match for alternative risk transfer

24th June 2009

The offshore wind energy industry is growing rapidly. It’s an environmentally friendly and sustainable form of energy production which is getting more focus as governments begin to support companies wanting to build offshore wind farms both financially and by allowing them access to areas of coastline which are perfect sites. As this industry grows the […]

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Perils AG estimates losses from windstorm Klaus at Euro1.55B

12th May 2009

Perils AG, the company set up by a group of leading reinsurers to aggregate and distribute European catastrophe loss data (blogged about previously here) has released it’s own estimates for European windstorm Klaus which hit France and Spain in January. They’ve released a figure of €1.55b ($2.12b) which comes in the range issued by the […]

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Marsh, Berkshire set up new Gulf energy windstorm insurance program

25th February 2009

Marsh has teamed up with Berkshire Hathaway to create a windstorm insurance program aiming to bring capacity back to the hard-hit energy companies who operate in the Gulf of Mexico. The program has been called the Cost and Certainty Coverage Program (or Triple C for short) and carries $500m of aggregate, annual capacity. Underwritten by […]

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