mortality bond

Capital markets and third-party investors have shown their approval of the first mortality-linked catastrophe bond of the year, Atlas IX Capital Limited (Series 2013-1) an extreme mortality insurance-linked security sponsored by French reinsurer SCOR, helping it to grow in size and pushing pricing expectations down.

Additional details are now available on the first mortality-linked catastrophe bond of the year. Last week we covered the launch of Atlas IX Capital Limited (Series 2013-1) an extreme mortality insurance-linked security sponsored by French reinsurer SCOR to provide it with retrocessional reinsurance protection.

The first extreme mortality insurance-linked security transaction of 2013 is coming to market, a deal which will be welcomed by many investors seeking diversification. Atlas IX Capital Limited (Series 2013-1) is being launched for sponsoring French reinsurer SCOR and will provide it with retrocessional protection.

Lawfirm Kramer Levin Naftalis & Frankel LLP  has announced a new hire to its insurance Practice Group today who brings with him a signficant amount of experience in insurance-linked securities and catastrophe bond legal work. Daniel A. Rabinowitz joins the firm as a partner and will be based in Kramer Levin’s New York office.

Risk modelling firm Risk Management Solutions (RMS) are providing both risk modelling and calculation agent services to the recently completed Vita Capital V Ltd. mortality-linked security transaction which completed this week. The transaction provides sponsor Swiss Re with a $275m source of extreme mortality cover via a catastrophe bond type securitization. RMS have published some […]

Reinsurer Swiss Re has released some comments on the completion of their latest extreme mortality securitization, Vita Capital V Ltd. As we wrote earlier today, Vita Capital V successfully completed at $275m yesterday and received its ratings. It’s Swiss Re’s fifth Vita securitization in the last three years and the sixth we have recorded in […]

Swiss Re’s sixth issuance in their series of Vita mortality-linked catastrophe bond (or insurance-linked security) deals has completed successfully. Vita Capital V Ltd. completed and received its formal ratings yesterday after being in the market since we first wrote about the deal three weeks ago, during which time it nearly tripled in size to secure […]

As we wrote recently, Swiss Re are marketing the sixth issuance in their series of Vita mortality-linked catastrophe bond (or insurance-linked security) deals. The transaction, Vita Capital V Ltd. , which has been marketing for two weeks began as a $100m deal split into two tranches of mortality-linked notes according to the rating documentation and […]

You’d be forgiven for thinking that the spectre of the total return swap counterparty vanished from the catastrophe bond and insurance-linked securities market a number of years ago after Lehman Brothers collapse caused the default of a number of cat bonds they were a swap counterparty to. However there are still deals using a total […]

Reinsurer Swiss Re has begun marketing their latest insurance-linked security transaction and this time it’s a deal that the wider ILS investment market should appreciate as it’s a diversifying opportunity and a life transaction. Swiss Re are bringing their latest Vita Capital mortality-linked catastrophe bond to market, their fifth such transaction, being issued through a […]