Zenkyoren news

Giant Japanese reinsurance buyer Zenkyoren is returning to the catastrophe bond market for another opportunity to tap the capital markets for a source of collateralized earthquake reinsurance protection, with a currently $250 million Nakama Re Ltd. (Series 2018-1) transaction, sources said.

The Japanese National Mutual Insurance Federation of Agricultural Cooperatives, more typically known as Zenkyoren, has seen its latest catastrophe bond deal grow by 88% while being marketed, as Nakama Re Ltd. (Series 2014-2) upsized to $375m.

Zenkyoren, as the largest single buyer of catastrophe reinsurance protection globally is known, is back with a new Japanese earthquake catastrophe bond, Nakama Re Ltd. (Series 2014-2), seeing the insurer looking for as much as five years of protection.

Zenkyoren, the Japanese National Mutual Insurance Federation of Agricultural Cooperatives and largest buyer of catastrophe reinsurance coverage globally, latest catastrophe bond, Nakama Re Ltd. (Series 2014-1) has grown to $300m in size.

Zenkyoren, the Japanese National Mutual Insurance Federation of Agricultural Cooperatives and largest single buyer of catastrophe reinsurance coverage globally, is back with a new $200m Japanese earthquake catastrophe bond, Nakama Re Ltd. (Series 2014-1).

According to a report Zenkyoren of Japan has set the tone for the upcoming April 1st Asia-Pacific reinsurance renewals as it added a whopping $3 billion to its catastrophe reinsurance program at reduced risk adjusted pricing.

Zenkyoren, the Japanese National Mutual Insurance Federation of Agricultural Cooperatives, has successfully secured $300m of earthquake reinsurance protection with the completion of its latest catastrophe bond transaction, Nakama Re Ltd. (Series 2013-1).

The latest Japanese earthquake catastrophe bond to come to market for Zenkyoren, the Japanese National Mutual Insurance Federation of Agricultural Cooperatives, has doubled in size due to investor demand. Nakama Re Ltd. (Series 2013-1) launched at $150m in size but is expected to close offering $300m of protection to Zenkyoren.

Zenkyoren, the Japanese National Mutual Insurance Federation of Agricultural Cooperatives, is once again returning to the catastrophe bond market to expand its reinsurance protection for Japanese earthquake risks, with a new cat bond called Nakama Re Ltd. (Series 2013-1), we understand.

GC Securities, the capital markets arm of broker Guy Carpenter and a division of MMC Securities, have published a press release regarding the recent completion of the Kibou Ltd. Japanese earthquake catastrophe bond. The $300m transaction is the first pure Japan earthquake cat bond to come to market since the Tohoku earthquake of March 2011.