• X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Matthew Stern

Published by this author:

  • Insurance companies interested in issuing private placement catastrophe bonds offered under Section 4(a)(2) of the Securities Act may benefit from streamlining the structure of a bond, but they must be careful not to strip away important structural elements for capital markets risk transfer.
  • The SEC recently adopted new final diligence rules  that require issuers and underwriters of rated asset-backed securities to file third-party diligence reports with the regulator.
  • Catastrophe bond investors and cedants typically have limited visibility of forthcoming transactions, due to now-repealed US securities law restrictions on general solicitation that have enforced radio silence on participants until a deal is formally launched.