Mariah Re Ltd. Series 2010-1

September saw another active month of activity in the secondary market for catastrophe bonds although not all of that activity resulted in trades as some investors failed to make the acquisitions they sought and place their excess capital. There were no new primary market cat bonds at all in September, which tends to be the […]

Ratings agency Standard & Poor’s have published an update regarding the fate of the Mariah Re Ltd. Series 2010-1 severe thunderstorm catastrophe bond which provides American Family Mutual Insurance with a source of collateralized reinsurance cover. The cat bond has been at risk due to the extreme nature of the tornado season in the U.S. […]