Swiss Re Insurance-Linked Fund Management

Original Risk: A Society for Change Agents

News & Analysis Results

Brit Insurance catastrophe bond Fremantle Ltd upgraded

News 25th February 2009

Brit Insurance Ltd’s catastrophe bond Fremantle Ltd. has had it’s rating upgraded by Fitch Ratings today. The ClassB notes have been upgraded to ‘AA’ and the Class A and C notes have been affirmed with no rating changes. The cat bond deal, which provided Brit with coverage against U.S. hurricanes, earthquakes, European windstorms, Japanese earthquakes […]

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Redwood Capital XI Ltd. catastrophe bond matures

News 20th January 2011

Swiss Re’s one year $150m California earthquake risk catastrophe bond, Redwood Capital XI Ltd., has matured and been delisted at the Cayman Islands stock exchange. The transaction matured on the 7th January and was delisted on the 19th. It’s safe to assume that it matured and made payment in full to investors as there were […]

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Cayman Islands would like to be cat bond domicile of choice

News 5th June 2008

A lot of catastrophe bonds and reinsurance sidecars are domiciled within the Cayman Islands. At the islands recent budget address measures were announced with the aim of further developing the reinsurance sector. Examples of deals with a Cayman heritage include sidcars the (very) recent Nelson Re 2008-I, Nelson Re 2007, Zenkyorens cat bond SPV Muteki […]

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