Mythen Ltd

Reinsurer Swiss Re have successfully completed their latest catastrophe bond deal, securing themselves a multi-year $200m source of North Atlantic hurricane and UK mortality protection. Mythen Re Ltd. (Series 2012-2) is the first cat bond offering to combine natural catastrophe risk with extreme mortality in a single tranche of notes making this a step forward […]

Swiss Re’s latest transaction in the catastrophe bond market, Mythen Re Ltd. (Series 2012-2), has been given its preliminary ratings by S&P this morning. The novel cat bond deal is the first to bring a tranche of notes with exposure to both hurricane and mortality risk to market. Last week we wrote that one of […]

Swiss Re’s latest catastrophe bond deal, which is the first to ever hit the market with a tranche covering both catastrophe and extreme mortality risks, has had one class of notes withdrawn during marketing according to our sources. The Mythen Re Ltd. (Series 2012-2) cat bond, through which Swiss Re are seeking a source of cover […]

Reinsurer Swiss Re are bringing another new catastrophe bond to market. It is the second cat bond from Swiss Re to carry the Mythen name, named after Swiss Re’s head-office location on Mythenquai in Zurich, after they successfully issued Mythen Ltd. in May. The new cat bond is called Mythen Re Ltd. (Series 2012-2) and it […]

Reinsurer Swiss Re have issued a press release regarding the recently completed $400m Mythen Ltd. multi-peril catastrophe bond transaction. The release see’s Swiss Re demonstrate their commitment to the capital markets as a source of risk transfer for certain of their natural catastrophe risks. Mythen Ltd. is the latest cat bond programme from Swiss Re […]

Swiss Re’s latest catastrophe bond transaction has now completed successfully. The deal saw their new Cayman Islands domiciled issuer Mythen Ltd. secure $400m of fully collateralized industry loss based per-occurrence coverage for first and second event U.S. hurricanes and European windstorms. As we revealed last week, Mythen Ltd. more than doubled from its target size […]

Swiss Re’s latest catastrophe bond which is still in the marketing phase to investors is due to issue $400m of notes across the three tranches which we wrote about recently here. At the time of that article it was only clear that the Mythen Ltd. cat bond would secure at least $150m of cover for […]

Swiss Re are bringing a new catastrophe bond to market through a newly formed Cayman Islands domiciled issuer called Mythen Ltd. Mythen Ltd. is a program which will allow Swiss Re to issue future tranches of notes and we’re told by our sources that it is likely to take over from their Successor X series […]