munich re

$290m of participating notes from an issuing vehicle named Eden Re II Ltd. have been listed in Bermuda today, which we assume to be a renewal and upsizing of the world’s largest reinsurance firm Munich Re’s fully-collateralized reinsurance sidecar.

The trend towards greater frequency and severity of weather risk events in Europe, resulting in a higher risk of losses to insurers and reinsurers, requires an adjustment to the perception of risk as well as bespoke reinsurance solutions, Munich Re said this morning.

The world’s largest reinsurance firm Munich Re’s U.S. weather derivatives and energy commodities trading unit Munich Re Trading LLC complements the reinsurers core operations and is highly strategic to its parent, according to S&P.

Munich Re’s Queen Street III Capital Ltd. catastrophe bond which matured last week saw a shortfall in the amount of principal repaid to investors, as the cat bonds exposure to last years U.S. debt ceiling financial issue shrank the capital returned to investors.

The world’s largest reinsurance company Munich Re has withdrawn the issuance of its latest catastrophe bond, Queen Street X Re Limited, as investor appetite was likely not strong enough to get the transaction completed at the size and pricing desired.

The latest catastrophe bond from the world’s largest reinsurance company Munich Re, Queen Street X Re Limited, is set to price at the top end of guidance, another indication that insurance-linked securities (ILS) investors have established a floor for cat bond pricing.

The world’s largest reinsurance company Munich Re is back with its tenth catastrophe bond under the Queen Street naming convention, Queen Street X Re Limited, its third cat bond to include Australia cyclone risk alongside U.S. hurricanes.

GC Securities, the capital markets and investment banking arm of reinsurance broker Guy Carpenter, cites the ‘tremendous support’ that investors showed for reinsurer Munich Re’s latest catastrophe bond transaction, Queen Street IX Re Limited.

The world’s largest reinsurance firm Munich Re said that its latest catastrophe bond transaction, the $100m Queen Street IX Re Limited, was well received by the insurance-linked securities market.

The world’s biggest reinsurance firm Munich Re has fixed its Queen Street IX Re Limited, catastrophe bond at $100m in size, while the pricing on the deal has settled at the low-end of an already reduced range thanks to investor demand.