August 2009/1

Electronic weather trading platform Weather Risk Solutions (WRS) has fully launched a series of hurricane commodity call options, allowing traders to hedge the risk of a landfalling hurricane in 78 U

The C tranche of State Farm’s 2007 Merna Re transaction and the Swiss Re-sponsored Vega Capital’s class A and B notes have been upgraded by Moody’s Investors Service and Standard

 Swiss insurer Zurich Financial Services (ZFS) has confirmed receipt of $128.5mn in paid claims from its $190mn KAMP Re cat bond, sparking a flurry of trading interest in the distressed notes. Pricin

Swiss Re fell back into the red for the second quarter, as worse-than-expected mark-to-market losses and writedowns returned to haunt the reinsurer. Meanwhile, Hannover Re and Munich Re fared well in

Risk Management Solutions (RMS) estimates a reduction of up to 35 percent in insured loss estimates for Californian earthquake, following a revision of its North American earthquake model this month.

Outstanding cat bond capacity declined again in the second quarter by $779mn to $11.2bn, as the value of maturing bonds outstripped new issuances. This marked the second consecutive quarter in which