May 2008/1

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

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

Global insurance broker Marsh has launched a parametric insurance product based on risk modelling firm Risk Management Solutions’ (RMS) WindX parametric index. The product, called WindX-SI, can

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

Dresdner Kleinwort-owned special purpose reinsurer Bridge Re, has closed its three year $182.5mn Puma Capital retro cat sidecar to new business after just one year of operation due to weaker market c

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

Benfield Group's corporate finance arm Benfield Advisory has developed a new parametric reinsurance product, aimed at transferring workers’ compensation catastrophe (WCC) coverage to reinsurers