segregated account


Bermuda’s new ISAC an all-in-one underwriting & ILS fund structure

New Incorporated Segregated Accounts Companies (ISAC) available under Bermuda law and regulation, will enable insurance-linked securities (ILS) managers, or investors, to operate both underwriting and investment fund activities within a single company structure. Now, this is a structure that has been talked about numerous times in the insurance-linked securities (ILS) market, read the full article →

Tralee, a new Kane SAC private ILS or cat bond, lists in Bermuda

A new $17.6m private catastrophe bond or ILS transaction from a segregated account named 'Tralee'  has been issued through global independent insurance manager Kane’s private ILS platform, the Kane SAC Limited Note Program. As with many private ILS or cat bond lite transactions, information is limited at this time. We hope read the full article →

Kane adds EuroClear Settlement to private cat bond & ILS platform

Global independent insurance and reinsurance manager Kane has announced the launch of a new ILS note program today, with an added feature, the addition of the EuroClear Settlement System which Kane says will facilitate secondary trading for cat bonds. Kane SAC Limited, the private cat bond and ILS subsidiary of the read the full article →

New Kane SAC private cat bonds cover U.S. perils using index triggers

The four new private deals from the Kane SAC Limited Note Program private ILS issuance platform, which Artemis covered early today here, all provide cover for unnamed U.S. property catastrophe risks and feature industry loss index triggers. The completion of the four transactions, which have all been issued using named segregated accounts read the full article →

Four Kane SAC private ILS or cat bond deals listed in Bermuda

Four new private insurance-linked security (ILS) or catastrophe bond deals, totaling $125.84m, issued through global independent insurance manager Kane's private ILS platform, the Kane SAC Limited Note Program, have listed in Bermuda. The four private ILS transactions, all of which involve a named segregated account from the Kane SAC Limited issuance read the full article →