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Hunt for yield on 2009 vintage bonds
As a large number of 2009 vintage cat bonds roll-off over the next six months, investors are on the hunt for remaining yield in the transactions now that the US wind season is over.
14 December 2011
News in brief
Glacier Re extends Nelson; Top staff depart Kane; Swiss Re CEO to retire
14 December 2011
Aggregate deals bulk up
Four new cat bonds closed in December, adding $1.26bn to the market as investors placed large orders for aggregate deals offering double-digit premiums.
14 December 2011
Catlin lines up peak peril support
Lloyd's (re)insurer Catlin expects that more than two-thirds of its retrocession recoveries from a significant catastrophe could come from collateralised markets, according to a presentation made during the firm's fourth quarter investor day last week.
14 December 2011
Scor writes chunk of £3bn Rolls Royce longevity swap
Prudential Retirement has reinsured about one-sixth of the Rolls-Royce pension fund swap closed by Deutsche Bank earlier this month.
14 December 2011
Perils to cover UK flood losses
Industry loss aggregator Perils will track data on inland flooding losses in the UK from 1 January 2012, providing a benchmark for risk transfer of the peril.
14 December 2011
ILS benefits from Euro crisis: Swiss Re
Turmoil on the European markets appeared to spur new inflows into the ILS sector this year as investors sought returns from an asset class that does not follow the fortunes of general equities, according to Swiss Re's head of non-life transformation Martin Bisping.
14 December 2011
Slow going for new start-ups
It has been a hard slog fundraising for some of the new ILS fund managers over the past six months, with only a couple managing to attract new capital by year-end.
14 December 2011
Loss creep fears for retro writers
Losses from the developing Thai floods and loss creep from March's Japanese earthquake are likely to fall disproportionately with retro writers, our sister title The Insurance Insider has revealed.
14 December 2011
Retro re-think at 1.1 renewals
The retro market is shaping up for a tough renewal, as buyers and sellers square up over structure, available capacity and pricing right as the crucial 1 January deadline approaches.
14 December 2011
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