Swiss Re Insurance-Linked Fund Management

Original Risk: A Society for Change Agents

multicat mexico


Hurricane Paul too weak to threaten MultiCat Mexico 2012 Class C notes

16th October 2012

The recently completed MultiCat Mexico Ltd. (Series 2012-1) catastrophe bond, which you can read all about in our Deal Directory, became on-risk yesterday, the 15th of October, we believe according to available documentation. The risk period began yesterday and in a very unusual occurrence there is a hurricane heading directly for one of the cat bonds […]

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MultiCat Mexico 2012 cat bond completes, lists in Cayman Islands

15th October 2012

The latest catastrophe bond to hit the market, MultiCat Mexico Ltd. Series 2012-1, closed and listed on the Cayman Islands stock exchange on Friday and has received its final ratings from Standard & Poor’s today. The second MultiCat deal, replacing the cover from MultiCat Mexico 2009, was extremely well received by investors, becoming oversubscribed, upsizing […]

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New MultiCat Mexico 2012 catastrophe bond coming to market

25th September 2012

Interesting news for the catastrophe bond market today as a new MultiCat Mexico Ltd. cat bond begins marketing. MultiCat Mexico Ltd. Series 2012-1 will replace the cover afforded by the MultiCat Mexico 2009 cat bond which matures at the end of September. MultiCat Mexico 2012 is being marketed as a $300m deal but there is […]

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Update on Mexican earthquake and MultiCat Mexico 2009 cat bond

21st March 2012

Late yesterday we wrote that a large earthquake which struck Mexico had the potential to be a threat to the parametric MultiCat Mexico 2009 Ltd. catastrophe bond. The location where the earthquake struck was very close to one of the defined zones which a qualifying event must occur within, had the correct magnitude at Mw7.4 […]

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