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  • Dan Ozizmir has become the most high profile casualty of Swiss Re’s ongoing overhaul of its insurance linked securities (ILS) operations, Trading Risk can reveal.  The head of the reinsurer
  • Oil and gas liability mutual Oil Casualty Insurance Ltd (OCIL)’s 2005 excess liability cat bond Avalon Re has once again extended the maturity date on its Class B and Class C notes to 9 Septemb
  • Dan Ozizmir has become the most high profile casualty of Swiss Re’s ongoing overhaul of its insurance-linked securities (ILS) operations, Trading Risk can reveal.  The head of the reinsurer
  • Eurex, the leading European derivative exchange and clearing house, is to launch binary US hurricane derivatives on 29 June, complementing current over-the-counter (OTC) trades. The exchange –
  • Global broker Aon Benfield has suspended its fundraising efforts for Aon’s investment management firm Global Insurance Strategies LLC (GIS), as it concentrates on Benfield-backed cat fund manag
  • Eurex, the leading European derivative exchange and clearing house, is to launch binary US hurricane derivatives on 29 June, complementing current over-the-counter (OTC) trades.  The exchange –
  • The World Health Organization (WHO) has declared a global swine flu pandemic after calling an emergency meeting with its committee of flu experts.  A pandemic occurs after isolated animal-human trans
  • Private equity firm Cartesian Capital Group has created a Bermudian Class 3 insurer – Iris Reinsurance Ltd – expected to offer an estimated $100mn in industry loss warranties (ILW) capaci
  • Nephila Capital has secured a new $35mn investment mandate from specialist fund manager AMP Capital Investors, further widening the audience for trading (re)insurance risk in the mainstream capital m
  • Swiss Re closed its third cat bond on behalf of ACE American Insurance Co – the $100mn US wind and quake transaction Calabash Re III Ltd – at the start of the US wind season on 1 June. Th