kizuna re ltd


Clariden Leu invested in the Kizuna Re private catastrophe bond

At the beginning of September we wrote about the latest and also the largest private catastrophe bond transaction, Kizuna Re Ltd. Kizuna Re is a $160m cat bond which provides sponsor Tokio Marine with a source of reinsurance cover for Japanese typhoon risks was issued as an unrated private transaction read the full article →

Further details on the Kizuna Re Ltd. catastrophe bond

We've uncovered some further details on the Kizuna Re Ltd. privately placed catastrophe bond transaction which we wrote about earlier today. The $160m cat bond provides cover to sponsor Tokio Marine for some of their Japanese typhoon windstorm risks. We've now discovered that the transaction has a three year term, with read the full article →

Kizuna Re Ltd. catastrophe bond covers Japan typhoon risks

Our earlier article on the recently completed Kizuna Re Ltd. private catastrophe bond transaction contained an inaccuracy. We said the deal covered Japanese earthquake risks, but it transpires that the deal actually covered $160m worth of Japanese typhoon and windstorm risks. It has also been reported by Trading Risk that the read the full article →

Kizuna Re Ltd. private catastrophe bond placed for $160m of Japan typhoon cover

Update: This deal actually covered Japan typhoon risks, not earthquakes as we originally reported. The sponsor has also been revealed as Tokio Marine, we have posted an update article here. A number of sources in the insurance-linked securities and catastrophe bond market have told us about a recently transacted private catastrophe read the full article →