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  • 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.
  • Munich Re has brought a new Queen Street cat bond to market with a $75mn US hurricane and European windstorm offering.
  • The ILS market has started 2012 at the forecast quick rate with conditions and prices tightening as traditional catastrophe reinsurance rates rise.
  • 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.
  • 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.
  • 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.
  • You'll notice that this issue of Trading Risk has a new look, thanks to the great work of our designer Paul.
  • Retro sidecars gained traction in the January renewals as at least one new vehicle, RenaissanceRe's Upsilon, joined the starting line.
  • 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.
  • 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.