index

Spread tightening on catastrophe bonds exposed to U.S. wind risk has lifted the secondary cat bond market indices in recent weeks. Now deep in the middle of the Atlantic hurricane season, typical seasonality has returned to secondary cat bond prices and values have increased on hurricane exposed bonds.

Both the price return and total return of the outstanding catastrophe bond market have been depressed in recent weeks by the onset of seasonality and a glut of supply in the secondary catastrophe bond market. The indices we track tell the story of a gradual slide in both metrics as the U.S. hurricane season began […]

The price return of the secondary catastrophe bond market continues to slide slowly down from its recent peak now that supply and demand for outstanding catastrophe bond notes appears to have levelled off somewhat. A combination of returning seasonality and a levelling off of supply and demand dynamics has seen the index we track decline […]

Price returns in the secondary catastrophe bond market have taken another dip in the last fortnight as the pricing pressure we discussed two weeks ago here continues to exert itself on the pricing of outstanding cat bond marks. As we approach the U.S. hurricane season we’re beginning to see cat bond prices looking more seasonal […]

Bermuda based insurance-linked securities and industry loss warranty investment manager Mercury Capital has announced that it is opening up an innovative new ILS investment fund to external investors for the first time. The Mercury iCRIX Tracker Fund is the first index-tracking catastrophe risk investment fund, tracking an index developed by Mercury Capital called the Mercury […]

The secondary catastrophe bond market has begun to see some pressure exerted on certain outstanding cat bond price returns in the last couple of weeks as an element of seasonality returned to the market and the strong primary issuance also took some focus off secondary prices. Cat bond price returns had been rising strongly, helped […]

The catastrophe bond indices which we track every fortnight here on Artemis have both continued to rise over the last two weeks. The total return index tells a story that will please insurance-linked securities and cat bond fund managers as it shows that attractive cat bond market returns continue. The price return index has not […]

Both the price return and total return of the outstanding catastrophe bond market have continued to rise over the last fortnight as the slightly unusual trend of price firming, some of which has been unseasonal continued. Now that the primary cat bond market has come alive with a number of new issuances during March and […]

The catastrophe bond indices which track the price return and total return of the outstanding catastrophe bond market have continued to fluctuate over the last two weeks but a general upwards trend remains. When we looked at these indices two weeks ago, the primary cat bond issuance market was quiet, and the indices had experienced […]

The index tracking the price return of the outstanding catastrophe bond market has risen again in the last fortnight and at its fastest rate so far in 2013. After a small dip a week ago, likely caused by the large amount of capital interested in catastrophe bonds and ILS as an asset class, the index […]