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$50.2m Kane SAC 2015-1 private cat bond redeemed early & delisted

According to an update from the Bermuda Stock Exchange (BSX) a $50.2m private catastrophe bond transaction issued through the Kane SAC Limited Note Program was redeemed early in January and has now been delisted from the exchange.The Kane SAC Limited (Series 2015-1) private ILS deal was issued in February 2015 read the full article →

Kane SAC platform issues $9.722m Series Ax private cat bond notes

A new private catastrophe bond issuance has completed and listed in Bermuda using the Kane SAC Limited Note Program. $9.722m of Kane SAC Limited - Series Ax Notes were listed on the Bermuda Stock Exchange (BSX) yesterday.It's the sixth listed issuance to use the Kane SAC private ILS and cat read the full article →

Tralee, a new Kane SAC private ILS or cat bond, lists in Bermuda

A new $17.6m private catastrophe bond or ILS transaction from a segregated account named 'Tralee'  has been issued through global independent insurance manager Kane’s private ILS platform, the Kane SAC Limited Note Program.As with many private ILS or cat bond lite transactions, information is limited at this time. We hope read the full article →

Kane SAC platform issues $50.2m 2015-1 private cat bond

The Kane SAC Limited Note Program has facilitated another private catastrophe bond issuance, with the issuance of a $50.2m 2015-1 series of insurance-linked notes that have also been listed on the Bermuda Stock Exchange (BSX).Since the start of 2015 the Kane SAC platform, operated by global independent insurance management firm read the full article →

Kane adds EuroClear Settlement to private cat bond & ILS platform

Global independent insurance and reinsurance manager Kane has announced the launch of a new ILS note program today, with an added feature, the addition of the EuroClear Settlement System which Kane says will facilitate secondary trading for cat bonds.Kane SAC Limited, the private cat bond and ILS subsidiary of the read the full article →

New Kane SAC private cat bonds cover U.S. perils using index triggers

The four new private deals from the Kane SAC Limited Note Program private ILS issuance platform, which Artemis covered early today here, all provide cover for unnamed U.S. property catastrophe risks and feature industry loss index triggers.The completion of the four transactions, which have all been issued using named segregated accounts read the full article →

Four Kane SAC private ILS or cat bond deals listed in Bermuda

Four new private insurance-linked security (ILS) or catastrophe bond deals, totaling $125.84m, issued through global independent insurance manager Kane's private ILS platform, the Kane SAC Limited Note Program, have listed in Bermuda.The four private ILS transactions, all of which involve a named segregated account from the Kane SAC Limited issuance read the full article →

Kane SAC private cat bond platform issues third deal, Series 2014-2

Global independent insurance management firm Kane has completed another private catastrophe bond issuance through its Kane SAC Limited Note Program, with a $7.32m Series 2014-2 renewal of the Series 2013-1 transaction issued a year ago.This is the third privately placed and issued cat bond lite type deal to come out read the full article →

Kane promotes Lister to ILS Manager in Bermuda

Kane, the largest global independent insurance manager and a leading providers of insurance-linked securities (ILS) administration services, has promoted employee Stephen Lister to the role of ILS Manager in Bermuda.Stephen Lister has been a Kane employee since September 2011, when he joined the firm as an Account Executive, and was read the full article →

Kane hires for two U.S. business development roles

Kane, the largest global independent insurance manager and a leading providers of insurance-linked securities (ILS) and life, pensions and investment (LPI) administration services, has added two new business development hires in the U.S.Kane has strengthened its business development team in the US with the appointment of Monica Everett as Business read the full article →