total return

The slow recovery of many secondary market catastrophe bond prices continues in the wake of hurricane Sandy. Most of the impacted bonds which are now understood to be safe have recovered the mark-to-market losses they had seen, a number of others remain priced below par as their fate is still uncertain. Other cat bonds continue […]

The post-Sandy rebound in secondary catastrophe bond prices slowed in the last week. After a healthy bounce of over 1.3% when we looked last Monday, this week the Swiss Re cat bond indices have only seen very slight upward movement. This is perhaps a sign of continuing uncertainty over the eventual insurance industry loss that […]

As expected the post-Sandy recovery in the outstanding catastrophe bond markets price and total returns has now helped the Swiss Re cat bond indices to a healthy weekly increase of well over 1%. Prices of many U.S. hurricane cat bonds have increased in the last week, with just the few that are more exposed to […]

So the post-Sandy recovery of secondary market prices of outstanding catastrophe bonds has begun on cat bonds which aren’t exposed, but the last week saw further declines in both price and total returns. This is likely a reaction to increasing pessimism regarding the industry losses from the storm and also a downgrade of one exposed […]

After the big decline in secondary market catastrophe bond prices seen in the week after hurricane Sandy made landfall we thought it would be good to catch up on the Swiss Re Cat Bond Performance Indices again to see how the last seven days had affected them. As the impact of Sandy on exposed catastrophe […]

A week ago we wrote that as hurricane Sandy approached landfall on the U.S. northeast coast both of the Swiss Re Cat Bond Performance Indices declined, the first time we’d seen a dual decline since March. Given that this drop was prior to landfall it was clear that we would see an even larger decline […]

For the first time in a number of months both of the Swiss Re Cat Bond Performance Indices have declined in the last week. It’s rare for both the price return index and total return index to drop in a single week, in fact the last time we saw that was at the end of […]

Recent months have seen investors in catastrophe bonds and insurance-linked securities make their best returns of the year as secondary market prices have soared thanks to strong demand and a benign hurricane season. It’s time for our fortnightly look at the Swiss Re Cat Bond Performance Indices (our last article here) to see what they […]

Two weeks ago, when we last looked at the Swiss Re Cat Bond Performance Indices (our last article here) to see what they can tell us about movements in pricing and returns of outstanding catastrophe bonds and the general sentiment of the cat bond and insurance-linked securities marketplace, we saw that the index was approaching […]

It’s time for another of our regular fortnightly looks at the Swiss Re Cat Bond Performance Indices (our last article here) to see what they can tell us about movements in pricing and returns of outstanding catastrophe bonds and the general sentiment of the cat bond and insurance-linked securities marketplace. When we last looked it […]