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  • Swiss Re Global Market’s environmental and commodity markets division has entered into an emissions reduction purchase agreement with Hebei Construction Investment New Energy Co Ltd. Through th
  • Ratings agency AM Best is extending its insurance linked securities (ILS) rating methodology to include assessment of the basis risk carried by industry loss arranties (ILWs). In a statement, the fir
  • Dresdner Kleinwort-owned special purpose reinsurer Bridge Re, has closed its three year $182.5mn Puma Capital retro cat sidecar to new business after just one year of operation due to weaker market c
  • State Farm’s 2007 landmark catastrophe bond, Merna Re, is coming under pricing pressure in the secondary market, as investors seek to sell large chunks of the investment grade notes, according
  • East Lane Re II US insurer Chubb Group’s $200mn cat bond, East Lane Re II, was over-subscribed, proving that a “strong” proposition can still compel investors despite the recent rel
  • Convergence pioneer Swiss Re has launched a new $150mn sidecar vehicle, Sector Re II, to write a quota share retrocession of the group’s global natural catastrophe and aviation catastrophe port
  • Global insurance broker Marsh has launched a parametric insurance product based on risk modelling firm Risk Management Solutions’ (RMS) WindX parametric index. The product, called WindX-SI, can
  • Hannover Re CEO Wilhelm Zeller said the reinsurer will look to continue with its multi-year K5 sidecar when it comes up for renewal at year-end. Zeller added that Hannover Re had never been as well p
  • The ILS sector is echoing the traditional (re)insurance market with both rates and terms/conditions coming under pressure, recent research has concluded. The insurance linked securities (ILS) sector,
  • The embedded value (EV) sector of the life insurance linked securities (ILS) sector is a “high growth area”, commented Michael Symonds, SVP at Lehman Brothers, at the 2008 SIFMA ILS confe