Swiss Re Insurance-Linked Fund Management

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Liberty Mutual


Liberty Mutual: Insurance-linked securities market offered more value than traditional reinsurance

9th August 2012

Aon Benfield Securities recently published Q2 insurance-linked securities and catastrophe bond market report included an interview with Elaine Caprio Brady, Vice President and Manager of Ceded Reinsurance at Liberty Mutual Insurance. The interview discusses Liberty Mutual’s use of the insurance-linked securities market as they issued their most recent catastrophe bond, Mystic Re III Ltd. (Series […]

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Mystic Re III Ltd. closes successfully and notes listed on CSX

7th March 2012

Mystic Re III Ltd., the latest catastrophe bond sponsored by U.S. insurer Liberty Mutual, closed successfully at an upsized $275m and the notes from the transaction have been listed on the Cayman Islands Stock Exchange. The cat bond, which is Liberty Mutual’s fifth transaction, began life as a $150m deal with two tranches of $75m […]

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Mystic Re III Ltd. cat bond launched by Liberty Mutual

13th February 2012

U.S. insurer Liberty Mutual have launched their first catastrophe bond transaction since March 2009 (when they issued their last Mystic Re II deal), this will be their fifth catastrophe bond transaction. Liberty Mutual are seeking to secure a source of multi-year cat bond cover through a newly established Cayman Islands domiciled SPV, Mystic Re III […]

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