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Assurant adds new collateralised cover to 2013 renewal
US insurer Assurant has added a new $70mn layer of multi-year collateralised reinsurance and a one-shot aggregate cover to its 2013 property catastrophe reinsurance programme.
03 July 2013
AIR updates Japan quake model post-Tohoku
Catastrophe modeller AIR Worldwide has updated its Japanese quake model to incorporate new information gleaned from the March 2011 Tohoku disaster.
02 July 2013
AIG’s Tradewynd Re cat bond upsizes to $125mn at high end of pricing
AIG has increased the size of its first indemnity cat bond Tradewynd Re by $25mn to $125mn as the deal priced at the top of initial guidance, Trading Risk understands.
02 July 2013
RenaissanceRe increases Mona Lisa Re cat bond to $150mn
RenaissanceRe has expanded its Mona Lisa Re cat bond by $25mn to $150mn as the deal priced in the middle of initial guidance, Trading Risk understands.
01 July 2013
Willis says retro prices down 5-10% at mid-year
Retro pricing experienced notable reductions at the mid-year renewals as capital markets competition continued to exert pressure on the sector, according to Willis Re.
01 July 2013
Lloyd’s welcomes new business from Nephila syndicate
Lloyd's has praised the arrival of Nephila Capital, the Bermudian ILS powerhouse for bringing in a new book of business through its syndicate and avoiding cannibalising existing Lloyd's business.
28 June 2013
Brit Insurance hires key analyst to boost capital markets relations
Insurance analyst Joy Ferneyhough is set to join Lloyd's insurer Brit Insurance in the newly created role of director of strategy and corporate development.
28 June 2013
ILS fund index rises 0.4% in May
A group of ILS funds tracked by the Eurekahedge ILS Advisers Index posted an average return of 0.42 percent in May, with all the funds represented posting positive figures for the month
27 June 2013
Swiss Re divides up life and health unit
Swiss Re has split its life and health division into two units, one that will oversee the business after it is bound and another that will focus on the product sales.
27 June 2013
Swiss Re expands Mythen Re cat bond to $100mn
Swiss Re has upsized its latest Mythen Re cat bond offering from $75mn to $100mn as pricing on the US hurricane deal closed at the bottom of initial guidance, Trading Risk understands.
26 June 2013
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