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Pricing pressure continues into July reinsurance renewals
A battle to maintain market share at the 1 July renewals kept up pricing pressure on US property catastrophe reinsurance business, according to the major brokers
12 July 2013
PCS links on 40% of H1 ILS issuance
Cat bond sponsors used Property Claims Services (PCS) data on seven new issuances worth $1.6bn in the first half of 2013, which was in line with volumes placed in the first half of 2012.
12 July 2013
First 2013 hurricane options trade in $7.5mn deal as pricing falls
The Chicago Mercantile Exchange (CME) cleared a trade of 750 seasonal hurricane options representing $7.5mn of notional limit in May in the first deal to date in 2013, according to information from the exchange.
12 July 2013
2013 takes aim at 2007 records
2013 is shaping up to be the strongest year for cat bond activity in six years, with a record-breaking $4bn of new issuance having been brought to market by the end of June - topping the $3.8bn issued in the first half of 2007
12 July 2013
Trading Risk ILS investor list
Trading Risk's list of investors in the ILS market
12 July 2013
JP Morgan favours Blue Capital for parent resources
Montpelier Re's listed Blue Capital Global Reinsurance fund has been picked as a favourite by JP Morgan Cazenove analyst Matthew Hose because of the resources provided by its parent company.
12 July 2013
Brokers dominate ILS distribution
Brokers have increased their grip on cat bond distribution in the past couple of years, according to statistics compiled by Trading Risk
12 July 2013
ILS fund H1 returns fall year-on-year
First half returns among ILS fund managers are slightly behind last year's performance over the same period, according to results from a group of seven cat bond funds tracked by Trading Risk.
12 July 2013
Extended primary ILS pipeline spurs trading activity
The spate of new cat bond issuance in June helped boost trading activity on the secondary market as the US hurricane season started.
12 July 2013
Unrated cat bonds on the rise…
The number of unrated cat bonds has increased sharply in 2013 as sponsors forego the expense of seeking a rating
12 July 2013
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