May 2008/1
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The embedded value (EV) sector of the life insurance linked securities (ILS) sector is a “high growth area”, commented Michael Symonds, SVP at Lehman Brothers, at the 2008 SIFMA ILS confe
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Secondary trading of insurance linked securities (ILS) was estimated to be as high as $1bn in March, with first quarter trading possibly reaching $3bn across the life and non-life cat bond sectors. T
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A total of $700mn of life and non-life insurance linked securities (ILS) have been issued to end-April 2008 – a figure which, even with a month to go before the start of the North Atlantic wind
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Outstanding non-life insurance linked securities (ILS) limits could reach $70- 100bn within the next 10 years, according to senior market commentators. In a lively discussion on the future of the non
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At current pricing levels, it would take a $30-50bn ground-up property loss to reverse the slide in traditional property cat reinsurance rates, according to Aon Re Global. The broker forecast rate-on
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The pioneering ILS Avalon Re was struck by a rash of downgrades following news that a third energy loss could hit the cat bond. Following notifications of claims arising from a New York steam pipe ex
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Ratings agency Standard & Poor’s (S&P) is set to revise its cat bond methodology, Trading Risk can reveal. The latest move comes as the ratings agencies’ models come under increasing scru