K-Cessions

The Artemis Catastrophe Bond and Insurance-linked Securities Deal Directory aims to provide a one-stop resource for information on every cat bond and ILS transaction we hold information on. The content of this Deal Directory is provided as is and there will be some omissions. Help us to keep these cat bond and ILS transaction summaries up to date by contacting us if you see an error or omission that you can correct.

Share

K-Cessions sidecar snapshot

  • Reinsurance sidecar: K-Cessions
  • Sponsor: Hannover Re
  • Launched: ?
  • Latest size: $400m (as at February 2015)

K-Cessions sidecar details

Hannover Re’s Managing Director for Retrocessions & Capital Markets, Henning Ludolphs, has described the reinsurer’s K-Cessions quota share retro reinsurance sidecar facility as “the backbone of our retrocession program.”

At the start of 2015 the reinsurer increased the size of its K-Cessions sidecar vehicle to $400m, up from the previous $320m.

The K-Cessions retro quota share facility has evolved over the years, acting as a sidecar facility that allows Hannover Re to share a portion of its book with capital markets investors, while also providing a flexible source of retrocessional protection.

Go back to the Artemis Collateralized Reinsurance Sidecar Directory.

———————————————————————
Artemis Live - ILS and reinsurance video interviews and podcastView all of our Artemis Live video interviews and subscribe to our podcast.

All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance video content and video interviews can be accessed online.

Our Artemis Live podcast can be subscribed to using the typical podcast services providers, including Apple, Google, Spotify and more.