The latest catastrophe bond transaction to be sponsored by American International Group (AIG) is a complex deal involving multiple perils, a broad trigger and providing reinsurance protection for a diverse and unusual book of business. More details about the Tradewynd Re Ltd. (Series 2013-1) cat bond have now emerged as the notes received a preliminary […]
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As our readers will be aware, we’ve written recently about the potential for the insurance-linked securities and catastrophe bond marketplace to absorb some of the oil industries risks related to large oil spills and the resulting pollution liabilities.
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Oil spill liabilities are a hot topic right now due to the environmental catastrophe that is the Deepwater Horizon oil rig. Having spewed millions of gallons of oil into the Gulf of Mexico and now cost BP over $2.5B to attempt to stop and clean up, oil spills of this magnitude are a risk to […]
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This is an online copy of our monthly email newsletter which was sent out on Friday. If you’d like to subscribe and receive it regularly please fill out this form. Welcome to the April edition of the Artemis Newsletter, we hope you find it of value (and we welcome your feedback). There have been many […]
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