Kane SAC

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.

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.

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.

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).

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.

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.

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.

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.

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.

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.