Swiss Re Insurance-Linked Fund Management

PCS - Emerging Risks, New Opportunities

price return


Spread tightening lifts secondary catastrophe bond indices

27th August 2013

Spread tightening on catastrophe bonds exposed to U.S. wind risk has lifted the secondary cat bond market indices in recent weeks. Now deep in the middle of the Atlantic hurricane season, typical seasonality has returned to secondary cat bond prices and values have increased on hurricane exposed bonds.

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Catastrophe bond price returns continue slow slide

12th June 2013

The price return of the secondary catastrophe bond market continues to slide slowly down from its recent peak now that supply and demand for outstanding catastrophe bond notes appears to have levelled off somewhat. A combination of returning seasonality and a levelling off of supply and demand dynamics has seen the index we track decline […]

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Catastrophe bond price returns begin to look more seasonal

21st May 2013

Price returns in the secondary catastrophe bond market have taken another dip in the last fortnight as the pricing pressure we discussed two weeks ago here continues to exert itself on the pricing of outstanding cat bond marks. As we approach the U.S. hurricane season we’re beginning to see cat bond prices looking more seasonal […]

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Secondary catastrophe bond price returns dip in recent weeks

7th May 2013

The secondary catastrophe bond market has begun to see some pressure exerted on certain outstanding cat bond price returns in the last couple of weeks as an element of seasonality returned to the market and the strong primary issuance also took some focus off secondary prices. Cat bond price returns had been rising strongly, helped […]

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