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  • Swiss Re successfully closed its $150mn Vega Capital Ltd collateralised risk obligation (CRO) transaction in June, partly replacing the $839mn of its various Successor bonds, according to sources clo
  • The World Bank is moving ahead with plans to use the weather derivative market as part of a comprehensive strategy to reduce the impact of drought in developing countries. The Bank will intermediate
  • Rating agency Standard & Poor’s (S&P) has lowered its senior debt rating on the Class A-1 notes of beleaugured Scottish Re’s Ballantyne Re life securitisation. S&P lowered the XXX reserve
  • Investment vehicle Juniperus Insurance Opportunity Fund (JIOF) made its first investment in Hannover Re’s sidecar Globe Re, last month. The newly launched fund, which will invest in traded (re)
  • Chicago-headquartered Aon Corp is marketing a dedicated insurance linked securities (ILS) fund, which plans to invest in a range of insurance linked alternative investments, Trading Risk understands.
  • Pricing and trading in the industry loss warranty (ILW) market has boomed following mooted changes in the Florida state’s cat fund in recent months. It is understood that the cat fund and the s
  • The insurance linked securities (ILS) sector is a rare jewel that stands out from the credit market turmoil, according to market leaders speaking at Trading Risk’s inaugural Executive Briefing
  • Hannover Re’s new dedicated insurance linked securities (ILS) team has closed $133mn Globe Re – choosing an innovative deal as its first since launching in January. Globe consists of a pr
  • Leadenhall Capital Partners is the first dedicated vehicle to be formed by a Lloyd's insurer which specialises in the traded (re)insurance risk universe. Founding chief executive Luca Albertini is next to brave our five questions...
  • Risk Management Solutions (RMS) has launched its second natural catastrophe index under the Paradex banner, with two more in the pipeline, says the risk modelling firm. The index, which RMS says is t