private cat bond


Hannover Re lifts Seaside Re catastrophe bonds to $136.4m for 2021

Hannover Re, the German headquartered global reinsurance firm, has facilitated another three Seaside Re private catastrophe bond transactions around this January 2021 renewals, taking the total seen to $136.4 million across ten transactions. As we explained yesterday, we had seen the first seven of these transactions, as Hannover Re's Bermuda based read the full article →

Hannover Re’s vehicle Kaith Re issues $76.4m of Seaside Re cat bond lites

Global reinsurance company Hannover Re has facilitated more private catastrophe bond transactions around this Janaury 2021 renewals, with the firms Kaith Re transformer having issued $76.4 million of Seaside Re cat bond lite notes, across seven transactions. These are the first Seaside Re private cat bond issuances to come to light read the full article →

Record catastrophe bond year ends with busy Q4 2020: Report

Catastrophe bond issuance reached record levels in 2020 and the busy year was topped-off with a record fourth-quarter as well, as the market demonstrated its resilience and ability to expand its relevance even under ongoing pandemic conditions, according to the latest report and data from Artemis. Our latest quarterly report on read the full article →

Guy Carpenter’s Cerulean Re ILS platform issues $12.6m of private cat bonds

Cerulean Re SAC Ltd., the private catastrophe bond and insurance-linked securities (ILS) issuance vehicle operated by reinsurance broker Guy Carpenter and Marsh Captive Solutions, has completed another issuance and listed three tranches of Cerulean Re SAC Ltd. (Series 2020-B) notes. The Cerulean Re vehicle was launched in 2017 by Guy Carpenter’s read the full article →

Artex vehicle issues $30m Tenby private cat bond transaction

The Artex Risk Solutions owned segregated account reinsurance transformer platform, Artex SAC Limited, has completed issuance of the first private catastrophe bond seen from the vehicle in 2020, with a $30 million Artex SAC Limited – Tenby Notes transaction. Issuance of this private cat bond, or private insurance-linked securities (ILS) arrangement, read the full article →

Positive cat bond market momentum continues: Q3 2020 Report

The catastrophe bond market saw continued positive momentum throughout the third-quarter of 2020 and despite continued financial market uncertainty and volatility as a result of the Covid-19 pandemic, the result was an above-average quarter of issuance, according to the latest report and data from Artemis. Our latest quarterly report on the read the full article →

GC / MMC’s Isosceles ILS platform in $25m private cat bond issuance

Isosceles Insurance Limited, the transformer and segregated cell structure operated by Marsh & McLennan Companies and reinsurance broker Guy Carpenter to issue privately placed insurance-linked securities or catastrophe bonds has completed issuance of another transaction. This $25 million Isosceles Insurance Ltd. (Series 2020-C1) transaction is the second deal to come to read the full article →

Aon’s Randolph Re platform issues $50.25m private cat bond

A $50.25 million private catastrophe bond transaction has been issued around the July renewal by broker Aon's private catastrophe bond issuance and placement platform Randolph Re. This is the first transaction to have come to light from Aon's Randolph Re platform and likely saw the broker helping a cedent to access read the full article →

First private cat bond issued from GC / MMC’s Isosceles ILS platform

This almost $16.5 million Isosceles Insurance Ltd. (Series 2020-A1) transaction is the first private insurance-linked securities (ILS) arrangement or catastrophe bond from the Marsh & McLennan Companies and reinsurance broker Guy Carpenter operated Isosceles Insurance Limited  transformer and segregated cell structure. Isosceles Insurance Limited has issued a single tranche featuring $16.445 read the full article →

Two Resilience Re private cat bond maturities extended another year

The maturity dates for two private catastrophe bonds that were issued through the Willis Towers Watson operated Resilience Re Ltd. platform have been extended by another year, to allow for ongoing development of losses to the subject business. The private cat bond transactions in question are a $173 million Resilience Re read the full article →