Swiss Re Insurance-Linked Fund Management

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montana re ltd


Montana Re cat bond upgraded as reverts back to second-event status

13th February 2012

Two classes of notes issued by Montana Re Ltd. in its Series 2010-1 catastrophe bond deal have been upgraded by ratings agency Standard & Poor’s. The $210m cat bond sponsored by reinsurer Flagstone Re affords them cover for U.S. hurricane, U.S. earthquake, European windstorm, Japan typhoon and Japan earthquake events. The Class C and Class […]

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Catastrophe bond ratings on watch due to new RMS hurricane model

18th April 2011

Ratings agency Standard & Poor’s has placed the ratings of 16 tranches of catastrophe bond deals on CreditWatch negative due to recent changes in the risk model which was used to assess these cat bonds risks at the time of their issue. All the affected transactions utilise the Risk Management Solutions (RMS) RiskLink U.S. hurricane […]

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Montana Re Ltd. catastrophe bond placed on CreditWatch negative by S&P

28th March 2011

Bermuda based reinsurer Flagstone Re’s $210m Montana Re Ltd. 2010 catastrophe bond has become the latest cat bond with exposure to the Japanese earthquake to have its ratings put on CreditWatch negative by Standard & Poor’s. The deal provides Flagstone Re with cover against U.S. hurricane and earthquake, European windstorm, Cayman Islands hurricane and Japanese […]

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