japan typhoon

The Aozora Re Ltd. (Series 2014-1) catastrophe bond transaction, which sees Japanese insurer Sompo Japan Nipponkoa (SJNK) Insurance seeking reinsurance cover for Japanese typhoon losses, has been cut down to a single tranche issue while pricing has dropped.

More details have come to light on one of the recent catastrophe bond transactions to launch, the $100m Aozora Re Ltd. (Series 2014-1) Japanese typhoon cat bond from primary Japanese insurer sponsors Sompo Japan Nipponkoa Insurance.

A new catastrophe bond has launched bringing some rare Japanese typhoon risk to the insurance-linked securities (ILS) market. Aozora Re Ltd. (Series 2014-1) looks set to bring at least $100m of this peril to market on behalf of two Japanese primary insurer sponsors.

Often the first reinsurance-linked investment manager to come out with an official statement after a catastrophe event, Swiss ILS investment manager Plenum Investments has said that it does not expect any impact to its catastrophe bond fund from Japanese Typhoon Wipha.

Risk modeling firm EQECAT has published a report on typhoon Guchol which made landfall in Japan on the 19th June. Guchol was the fourth named storm of the Pacific typhoon season and the first to officially reach super typhoon status. Maximum wind speeds from typhoon Guchol reached as much as 130 knots but the storm […]

The recently completed Akibare II Ltd. Japan typhoon catastrophe bond, sponsored by Swiss Re on behalf of ceding Japanese insurer Mitsui Sumitomo Insurance Co. Ltd., has now had ratings assigned to the cat bond notes it issued and the notes have been listed on the Cayman Islands Stock Exchange. Akibare II upsized to complete as […]

Akibare II Ltd. a Japan typhoon catastrophe bond sponsored by Japanese insurer Mitsui Sumitomo Insurance Co. Ltd. has priced and been upsized just prior to closing according to sources. The Akibare II cat bond will be exposed to Japanese typhoons and tropical storms (including both wind and flood losses) over a four-year period until the […]

Akibare II Ltd., the first Japan typhoon catastrophe bond of 2012, has been launched and is being marketed to investors. The $90m cat bond is being sponsored by Swiss Re on behalf of the ultimate cedant Japanese insurer Mitsui Sumitomo Insurance Co. Ltd. a subsidiary of MS&AD Insurance Group Holdings. The transaction will go someway […]