trading

The Indian financial markets have been pushing for regulation to be introduced that would allow for the use of commodity options and derivatives, including weather derivatives, has been under way for nearly two years now. We’ve written about this previously, here and here, with the latter article discussing moves by the Associated Chambers of Commerce […]

The secondary market for trading in catastrophe bond and insurance-linked securities saw brisk activity throughout much of 2011. Of particular interest is the trading patterns and how the secondary market reacted to events which impacted these markets. We’ve written before about how catastrophe events and potential hurricanes have impacted secondary market confidence and thus trading […]

Activity in the secondary catastrophe bond market was muted in December as many of the investors involved in the insurance-linked securities space turned their focus to collateralized reinsurance opportunities and the January renewals, says Plenum Investments, a Zurich based investment manager with a focus on the ILS asset class.

Just last week we published an interesting graph which shows how the approaching hurricane Irene affected the price of exposed secondary market catastrophe bonds. Pricing fluctuations in the face of disaster is just one of the effects that the secondary market experiences as a disaster approaches or in the aftermath, the other effect is fluctuations […]

The secondary market for catastrophe bonds and insurance-linked securities saw moderate trading activity during the month of October with some activity being sparked by the new cat bond issuances that came to market. Often when new deals launch investors adjust their portfolios to keep their diversification optimal and to allow them to take on some […]

September saw another active month of activity in the secondary market for catastrophe bonds although not all of that activity resulted in trades as some investors failed to make the acquisitions they sought and place their excess capital. There were no new primary market cat bonds at all in September, which tends to be the […]

Primary catastrophe bond market issuance was slow as expected during the month of August. Traditionally not many new deals come to market during that month as the Atlantic hurricane season picks up, and reflecting that, no new deals began marketing although a few cat bonds completed which had been initiated during July. The secondary market […]

We last wrote about the push to get weather derivatives listed as a tradable instrument on the commodity exchanges of India back in September last year when the Indian government approved laws to allow commodity options and futures to be traded in the country. It was hoped that the new law would lead to other […]

Sources in India have confirmed that exchanges and trading firms are still waiting on the Indian parliament to amend the Forward Contracts Regulation Act in order that new asset classes such as weather futures and index-linked weather contracts can be introduced to markets there. This is seen as essential for India to be seen as […]

Today saw the relaunch of the much anticipated Hurricane Risk Landfall Options (HuRLOTM) from Weather Risk Solutions, LLC. We wrote about HuRLOs when they launched as a pilot back in October 2008 with much anticipation of the full launch as they offer an easily accessible method to hedge against landfalling hurricanes. Trading opens today on […]