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  • French reinsurance group SCOR is contemplating the launch of a new Euro wind and Japanese earthquake cat bond , as a renewal of its maturing EUR120mn Atlas III transaction, Trading Risk can reveal. S
  • The growth of risk transfer to the capital markets is being hindered by the “hand-made” approach of the convergence market and there should be a move towards standardised clauses and cont
  • As I prepare for the annual Trading Risk executive briefing in New York later this month - called "After the storm... strategies for trading reinsurance risk in 2010" - it is encouraging to see the sh
  • Days after the $290mn Mexico World Bank transaction completed, the annual gathering of the insurance linked securities (ILS)/convergence market in New York heard further predictions that 2009 cat bon
  • Dutch life insurer AEGON has completed a $900mn embedded value securitisation with investment bank JPMorgan, creating regulatory capital relief for its US operations. JPMorgan securitised $650mn of t
  • Global life settlement (LS) representative bodies have hit back at recent press coverage that suggests the asset class is a new sub-prime scandal in waiting. A September New York Times article compar
  • The secondary market pricing of two cat bonds struck by the bankruptcy of total return swap (TRS) counterparty Lehman Brothers has increased by a third since mid-summer, after a rally in underlying c
  • Dan Ozizmir, convergence market rainmaker and former head of Swiss Re Capital Markets (SRCM), has joined the judging panel for the Trading Risk Awards 2010. The annual Awards, launched with great suc
  • Swiss Re has extended its partnership with Oxfam America on introducing weather insurance for a staple cereal crop to a further four Ethiopian villages. The pilot project, in drought-prone Adi Ha, sa
  • Moody’s Investors Service has downgraded the underlying rating of approximately $721mn of UNUM Group’s Northwind life securitisation to Baa1 from A2, citing the “adverse impact of i