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Secondary prices continue slow decline
The Swiss Re global cat bond price return index has continued to gradually decline in February as new issuances crowd out activity on the secondary market, the reinsurer says.
16 February 2012
Pipeline
Munich Re has brought a new Queen Street cat bond to market with a $75mn US hurricane and European windstorm offering.
16 February 2012
Cat bond conditions tighten
The ILS market has started 2012 at the forecast quick rate with conditions and prices tightening as traditional catastrophe reinsurance rates rise.
16 February 2012
Kane promotes ILS head Frederick
Insurance manager Kane has promoted its global head of ILS, Liz Frederick, to the role of managing director of the firm's US arm, Kane USA.
16 February 2012
XL turns towards capital markets
Bermudian carrier XL Capital has signalled that it will make use of alternative forms of capital when it renews its outwards reinsurance arrangements at 1 May.
16 February 2012
Goldman Sachs forecasts $7bn year for ILS
Goldman Sachs' head of structured finance Michael Millette is bullish on the cat bond outlook for 2012, forecasting a $7bn year for the market in comments made to Trading Risk.
16 February 2012
A second shot
You'll notice that this issue of Trading Risk has a new look, thanks to the great work of our designer Paul.
16 February 2012
Retro sidecar boom continues
Retro sidecars gained traction in the January renewals as at least one new vehicle, RenaissanceRe's Upsilon, joined the starting line.
16 February 2012
Aeolus hits $1.2bn under new structure
Bermudian collateralised reinsurance writer Aeolus raised and deployed about $1.2bn in capital over the past year as it evolved from a private equity partnership into a third party funds manager, Trading Risk can reveal.
16 February 2012
Arch takes further loss from Aeolus
Bermudian reinsurer Arch expects to take a $13.7mn-$15.7mn loss from its share in collateralised writer Aeolus's results from the second half of 2011.
15 February 2012
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