Casualty/GL

Tower Watson Capital Markets has launched a new database of casualty tort information to entice the alternative reinsurance sector into the casualty risk space

Two hedge-fund start-up vehicles have been broaching new territory in the reinsurance sector, one providing a platform for hedge funds to enter the space and the other delving into long-tail casualty lines

Capital market reinsurance needs to develop so that it is "a bit more 3D", said Towers Watson Capital Markets CEO Martin Davies, as the firm announced the launch of a new database of casualty tort information

SAC Re CEO Simon Burton says the key to the firm's successful fundraising has been repackaging its combination of (re)insurance and investment risk to appeal to investors dissatisfied with the currency on offer from traditional reinsurers

Trading Risk is delighted to announce the winners of our 2012 Awards, who were revealed at a ceremony held in London last night attended by more than 200 convergence market luminaries

We are delighted to announce the shortlisted companies and candidates for the Trading Risk Awards 2012.

BMA cuts SPI fees; RMS enters casualty model venture; 2011 cats fail to dent capital

The capital markets could provide the oil industry with more comprehensive (re)insurance cover at a more competitive price, the founders of a new ILS venture argue.

Ratings agency Standard & Poor's (S&P) downgraded American Family Mutual's Mariah Re 2010-1 cat bond last month as the loss tally from May's Joplin tornado edged towards the $300mn maximum claim possible under the aggregate deal.

Standard & Poor's has lowered its ratings on a tranche of Swiss Re's extreme mortality bond Vita Capital IV due to the high casualty toll from the Tohoku earthquake and tsunami.

Although Munich Re's Muteki deal became the first cat bond casualty of the 11 March Tohoku disaster, ratings agencies have taken action on a number of second event bonds now considered at risk for the US wind season.

Hedge fund AIFAM hopes to boost its catastrophe bond fund five-fold to $150mn within a year by attracting Japanese pension fund money, according to reports.