mortality catastrophe bond

Share

S&P takes Vita Capital VI mortality bond off negative watch as Covid-19 outlook improves

The first catastrophe bond rating action caused by the Covid-19 coronavirus pandemic has now been resolved and reverted, as S&P Global Ratings affirmed Swiss Re’s late 2015 Vita Capital VI Limited (Series 2015-1) transaction and removed it from a negative watch. The mortality catastrophe bond which featured a single $100 million read the full article →

Life ILS outlook positive despite Covid-19, says Securis’ Luca Tres

The ongoing Covid-19 pandemic is expected to have a limited impact on the life insurance-linked securities (ILS) sector, and despite the outlook for life insurance markets being downgraded, the future looks positive for life ILS. This is according to Luca Tres, Partner at Securis Investment Partners, who in a recent interview read the full article →

Swiss Re’s Vita Capital VI mortality bond on negative watch on Covid-19: S&P

The first catastrophe bond rating action due to the Covid-19 coronavirus pandemic is unsurprisingly related to one of the few mortality cat bonds left in the market, Swiss Re's late 2015 Vita Capital VI Limited (Series 2015-1) transaction, which has been put on a negative watch by S&P Global Ratings. The read the full article →

Swiss Re gets $255m hurricane & mortality Matterhorn Re cat bond

Reinsurance firm Swiss Re has now successfully secured $255 million of hurricane and mortality risk retrocessional protection with its latest Matterhorn Re Ltd. (Series 2020-2) catastrophe bond transaction. This transaction was launched recently to investors and settled yesterday, as Swiss Re continues to put third-party capital at the heart of its read the full article →

Swiss Re targets $275m of hurricane & mortality cat bond cover

Reinsurance giant Swiss Re is back with a second catastrophe bond for 2020, seeking up to $275 million of retrocessional protection with a Matterhorn Re Ltd. (Series 2020-2) transaction that will cover it against certain losses from U.S. named storms and hurricanes, as well as extreme mortality exposures. This will be read the full article →

Highly bespoke, private deals the future of life ILS: Luca Tres, Securis

The ongoing transformation of the life insurance-linked securities (ILS) sector is driving a shift towards more private, highly customised deal structures designed to provide investors with a truly decorrelated, attractive investment, says Luca Tres, Head of Life at Securis Investment Partners LLP. “It is one of the not that many cases read the full article →

Comet Pension Scheme adds more insurance-linked investments

The Comet Pension Scheme, a closed defined benefit pension fund, is set to allocate more capital to insurance-linked securities (ILS) as part of a new discretionary alternatives mandate that includes some ILS, adding to an allocation it already had with ILS manager Leadenhall Capital Partners. The Comet pension scheme first allocated read the full article →

Vita Capital VI mortality bond remains $100m, prices below mid-point

Global reinsurance firm Swiss Re's latest catastrophe bond, the Vita Capital VI Limited (Series 2015-1) extreme mortality transaction, has remained at $100 million in size and the coupon pricing has been fixed at just below the middle of initial guidance. Swiss Re's new Vita Capital deal, its first mortality cat bond read the full article →

Swiss Re launches Vita Capital VI excess mortality catastrophe bond

One of the world's largest reinsurance companies Swiss Re is returning to the capital markets with its first excess mortality catastrophe bond transaction since 2012, seeking at least $100 million of retrocession through a Vita Capital VI Limited (Series 2015-1) issuance. This is the first Vita Capital mortality cat bond since read the full article →

Asian mortality protection gap an opportunity for reinsurance & ILS

The burgeoning $58 trillion mortality protection gap impacting Asia was highlighted by reinsurance giant Swiss Re recently, signalling an opportunity for capital providers in the insurance, reinsurance, catastrophe bond and insurance-linked securities (ILS) space. Reinsurer Swiss Re has published a preview and accompanying fact sheet prior to the release of its read the full article →