munich re

Munich Re, the world’s largest reinsurance company, is bringing another of its Queen Street catastrophe bond deals to market, according to our sources, in Queen Street VIII Re Limited.  The eighth Queen Street cat bond includes what is sure to be seen as a diversification opportunity of sorts for investors, some rare (to the cat […]

Munich Re has released some comments on their recently completed Queen Street VII Re Ltd. catastrophe bond, the third to complete in recent days along with Mythen Re and Atlas Re VII which we covered earlier. This leaves the cat bond market pipeline a little quiet although we understand there will be more to come […]

Another of the catastrophe bonds which have yet to close has experienced strong demand resulting in a tightening of spreads and pricing being reduced before close. Queen Street VII Re Ltd. is the latest cat bond from regular sponsor Munich Re. Through the issuance of Queen Street VII, Munich Re are seeking a source of […]

Suddenly the catastrophe bond market is alight with activity, as the third new transaction in as many days launches to an expectant investor community. The eagle-eyed amongst you may have noticed that we added basic details on this new cat bond to our Deal Directory yesterday and we’ve sourced enough information from contacts to make […]

Yesterday we revealed the news that the world’s largest reinsurer, Germany headquartered Munich Re, was working on plans to launch an insurance-linked securities and catastrophe bond fund. The story generated a lot of interest, becoming the most viewed of the day, and as details were scant we reached out to Munich Re to request some […]

German reinsurer Munich Re, the largest reinsurance company in the world, is considering deepening its involvement in the insurance-linked securities market by launching an ILS fund. Munich Re are already very involved in the ILS and catastrophe bond space, as a sponsor of cat bonds regularly using ILS as a risk transfer tool, their Risk […]

The London office of law firm Sidley Austin LLP acted as a legal adviser to global reinsurer Munich Re on its recently completed £300m reinsurance deal which saw Munich Re assume £300m of longevity risk from Pension Insurance Corporation. The Sidley team was led by the head of the London insurance team, Martin Membery, 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 […]

Munich Re have published some comments on the completion of their latest multiperil catastrophe bond, Queen Street VI Re Ltd. The sixth deal in the Queen Street series of cat bonds, Queen Street VI provides Munich Re with a $100m source of reinsurance protection for two of their peak perils, U.S. hurricane and European windstorms. […]

The first catastrophe bond of the third-quarter, Queen Street VI Re Ltd. a U.S. hurricane and European windstorm cat bond from Munich Re, has now completed successfully, been rated by Standard & Poor’s and listed on the Bermuda Stock Exchange. Munich Re’s sixth Queen Street cat bond deal was slightly unusual as it is rare […]