Swiss Re Insurance-Linked Fund Management

Original Risk: A Society for Change Agents



Bosphorus catastrophe bond a real success story, says Turkish cat pool

1st May 2013

As we wrote earlier this week, the Bosphorus 1 Re Ltd. catastrophe bond completed recently, successfully securing its sponsor the Turkish Catastrophe Insurance Pool (TCIP) a source of fully-collateralized, multi-year reinsurance protection against Turkish earthquake risks using a parametric trigger. Now the usual press releases on the deals completion have emerged and it’s clear that […]

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Bosphorus 1 Re catastrophe bond completes, rated, lists on BSX

29th April 2013

The Turkish Catastrophe Insurance Pool (TCIP) now benefits from a $400m layer of fully-collateralized, parametric earthquake reinsurance protection thanks to the completion of its Bosphorus 1 Re Ltd. catastrophe bond on Friday. The deal, which increased in size by 300% from $100m to the $400m it settled at is the second time that the TCIP […]

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