private ILS transaction


Dodeka XVI, a $9.603m private cat bond, issued for Twelve Capital

Twelve Capital Management, the Zurich headquartered insurance and reinsurance linked investment fund manager has completed the issuance of its eighteenth private catastrophe bond transaction, with a $9.603 million Dodeka XVI deal.The Dodeka series of private catastrophe bond or insurance-linked securities (ILS) arrangements have become an integral part of Twelve Capital's read the full article →

Twelve Capital completes new $9.269m Dodeka XV private cat bond

Another Dodeka private catastrophe bond transaction has been completed by Twelve Capital Management, the Zurich headquartered insurance and reinsurance linked investment fund manager, with a $9.269 million Dodeka XV placed, becoming the seventeenth such ILS deal from the manager to-date.Twelve Capital uses these privately securitized and placed arrangements to transform read the full article →

Twelve Capital in sixteenth Dodeka private cat bond, a $23.567m Dodeka XIII

Zurich headquartered insurance and reinsurance linked investment fund manager Twelve Capital Management has completed its sixteenth private catastrophe bond transaction in the Dodeka series, with a $23.567 million Dodeka XIII deal which was listed on the stock exchange in Bermuda yesterday.ILS fund manager Twelve Capital uses these privately arranged and read the full article →

Two Resilience Re private cat bonds have maturity extended further

Two private catastrophe bond transactions that were issued through the Resilience Re Ltd. platform, which is owned by Willis Towers Watson Securities, have had their maturities extended further, likely to allow for loss development to continue.The first, a $63 million Resilience Re Ltd. (Series 1711A) private catastrophe bond transaction, had read the full article →

Nuclear liability risk ILS transactions upsized for 2018

Private nuclear liability risk insurance-linked securities (ILS) transactions have been expanded and upsized for 2018, Artemis understands, as corporate nuclear power operators show increasing comfort with tapping ILS markets for direct insurance coverage.These nuclear liability ILS deals were seen as ground-breaking, when details first emerged last year.These transactions are relatively read the full article →

Lack of transparency hindered ILS hurricane loss estimation: Report

Analysis by CreditSights questions industry estimates that roughly a quarter of alternative reinsurance capital was exposed to losses from hurricanes Harvey, Irma, and Maria, adding that the majority of capital markets losses have been assumed by structures outside of the catastrophe bond space.While still uncertain and subject to change, insurance read the full article →

Twelve Capital adds portfolio diversification with latest Dodeka cat bond

Insurance and reinsurance focused investment manager Twelve Capital said that its latest privately transacted catastrophe bond, the almost $35 million Dodeka XIV deal, that we covered at the time of its listing at the start of the month, features perils not typically accessible in the main cat bond market and read the full article →

Twelve Capital completes new $33.583m Dodeka IV private cat bond

ILS investment fund manager Twelve Capital Management has successfully completed its latest private catastrophe bond under its Dodeka series of securitised reinsurance transactions, with a $33.583 million Dodeka XIV deal that has been issued and listed in Bermuda.This $33.583 million Dodeka XIV private catastrophe bond transaction is the fifteenth deal read the full article →

Artex SAC platform issues $50.228m of Series GX private cat bond notes

The Artex Risk Solutions owned segregated account reinsurance transformer platform has issued a new private catastrophe bond, with $50.228 million of notes issued in an Artex SAC Limited - Series GX Notes deal.The private cat bond transaction has been completed, issued and listed in Bermuda using the Artex SAC read the full article →

Some private ILS lines could see rate increases of 30% or more: Twelve Capital

The insurance-linked securities (ILS) market responded well to recent intense pressure from third-quarter catastrophe events, and there’s an opportunity for ILS players to take advantage of premium increases of up to 30% or higher, according to insurance and reinsurance linked investment specialist manager, Twelve Capital.In a recent research note on read the full article →