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Deutsche Bank closes mammoth EUR12bn longevity swap
Deutsche Bank has completed the largest longevity swap to date via a huge risk transfer deal with insurer Aegon covering EUR12bn in annuity liabilities.
17 February 2012
Hedge fund reinsurers must handle volatility risk: AM Best
Hedge funds are showing renewed interest in the reinsurance sector after the catastrophe losses of 2011, ratings agency AM Best noted in a recent briefing paper.
17 February 2012
Catching the 2012 wave
ILS fund managers have taken their fair share of growth over the past two years, but as the property catastrophe market hardens will they be the first port of call for investors lured by rising rates?
16 February 2012
RMS hopes new pricing tool will widen ILS investor base
Modelling agency Risk Management Solutions (RMS) is set to launch a new catastrophe bond pricing service that it hopes will open up the market to more mainstream fixed income investors.
16 February 2012
Catlin renews agg retro
Catlin has revealed that it managed to renew its giant xs $500mn aggregate retrocession programme, believed to be one of the largest aggregate programmes bought in the market.
16 February 2012
Reinsurers cautious on property cat rate increases
Rising property catastrophe premiums gave reinsurers a bright spot as they unveiled sagging 2011 results in the opening weeks of February.
16 February 2012
Case praises Aon capital markets team
Aon CEO Greg Case praised his firm's capital markets capability despite its "lumpy" contribution to results after a bonus fourth quarter from the division.
16 February 2012
New investors enter DaVinci Re as 2011 loss bites
Bermudian reinsurer RenaissanceRe brought three new strategic investment partners into its DaVinci Re sidecar as the vehicle posted a $61.3mn loss for 2011.
16 February 2012
Validus ramps up profitable AlphaCat
The AlphaCat Re 2011 sidecar run by Bermudian reinsurer Validus has bulked up to around $280mn, Trading Risk understands.
16 February 2012
News in brief
Vega, Montana upgraded; Perils estimates losses; S&P upgrades Vitality Re health
16 February 2012
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