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Lottoland renews €100m collateralized jackpot re/insurance cover

The Lottoland Group, a young but fast-growing Gibraltar licensed online lottery provider, has renewed its collateralized jackpot winnings insurance protection with the help again of inea GmbH, a German firm that structures and offers investment opportunities including insurance- or reinsurance-linked securities (ILS). inea structured and placed the first lottery winning risk read the full article →

MyLotto24 jackpot payout misses Hoplon II bond, but hits insurance

Investors in the Hoplon II Insurance Ltd. lottery jackpot winning catastrophe bond or ILS style insurance coverage has escaped a loss after the sponsor MyLotto24 suffered a €37m jackpot win in a secondary lottery it held. The jackpot win was covered by insurance however and MyLotto24 told Artemis that a claim read the full article →

Lottoland collateralised ILS pays out on €14m jackpot win

A €14m lottery jackpot win has resulted in a payout from the collateralised reinsurance based ILS transaction, according to sponsor the Lottoland Group, a fast-growing Gibraltar licensed online lottery provider. Online lottery provider Lottoland said in an announcement that its "innovative insurance-linked securities (ILS) coverage" has paid out to a Dresden, read the full article →

Collateralised ILS deal gives Lottoland scope to expand to B2B

Lottoland Group, a fast-growing Gibraltar licensed online lottery provider, says that its €100m lottery winning risk collateralised reinsurance transaction provides it with the security to be able to expand its products on a business to business basis. Lottoland is the first and only betting provider to tap into the insurance-linked securities read the full article →

inea structures Lottoland collateralized lottery risk deal, first ILS in Gibraltar

inea GmbH, a German firm that structures and offer investment opportunities including insurance-linked securities (ILS), has completed a new lottery winning risk collateralized reinsurance transaction, which has become the first ILS deal to be domiciled in Gibraltar. inea GmbH has named the collateralized reinsurance deal the Fortuna Transaction. It's the firm's read the full article →

Hoplon II lottery jackpot-linked catastrophe bond launches

The Hoplon II Insurance Ltd. lottery jackpot winnings catastrophe bond-type structure has now been successfully issued, securing the sponsor MyLotto24 a €50m collateralized source of insurance protection from the capital markets. The Hoplon II Insurance ILS deal launched a few weeks ago, as MyLotto24 looked to cover some of its lottery read the full article →

Pricing finalised for Hoplon II Insurance lottery jackpot-linked cat bond

The Hoplon II Insurance Ltd. lottery jackpot winnings catastrophe bond-type structure has now had the pricing finalised for both tranches of jackpot risk-linked notes that are being issued on behalf of the sponsor MyLotto24. The Hoplon II Insurance ILS deal launched a few weeks ago seeking a €50m collateralized source of insurance read the full article →

Hoplon II Insurance brings more MyLotto24 jackpot risk to ILS market

One of the more unusual insurance-linked securities (ILS) transactions is to be renewed. Hoplon II Insurance Ltd. will seek to secure lottery firm MyLotto24 a €50m collateralized source of insurance protection for lottery jackpot winning and tax shortfall risks. Hoplon II Insurance Ltd. will replace MyLotto24's 2011 Hoplon Insurance Ltd. deal, which matures read the full article →

MyLotto24 expands Hoplon coverage, investors coupon increased

The novel Hoplon Insurance Ltd. transaction, an insurance-linked securities (ILS) structure combined with collateralized reinsurance, has been expanded by sponsor MyLotto24. The groundbreaking deal now provides MyLotto24 with even more cover for exceptional jackpot winnings in their lotteries over the remainder of the deals term. The Hoplon ILS transaction, which was read the full article →

Innovative catastrophe bond type structure used to cover risks of lottery winnings for MyLotto24

Just when you think the insurance-linked securities market can't get any more interesting and innovative, a deal comes along which breaks new ground and brings a new type of risk to insurance-linked securities investors. Artemis.bm can reveal a groundbreaking deal which has recently been completed providing the sponsor with cover read the full article →