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  • US insurer Chubb Group has launched a $200mn Cayman Island-based catastrophe bond, East Lane II Ltd, giving it multi-peril cover in North America. The indemnity bond will cover Chubb and its subsid
  • Outstanding non-life insurance linked securities (ILS) limits could reach $70-100bn within the next 10 years, according to panellists at the SIFMA ILS conference in New York this week. In a lively
  • Outstanding non-life insurance linked securities (ILS) limits could reach $70-100bn within the next 10 years, according to panelists at the SIFMA ILS conference in New York this week. In a lively d
  • 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 SIFMA ILS conference in New Yor
  • German reinsurer Munich Re has launched its second insurance linked securities (ILS) issuance for 2008, the EUR170mn European windstorm cat bond Queen Street, as predicted by Trading Risk. The thre
  • Secondary trading in cat bonds spiked in the last month - with an estimated $200-250mn of cat bond volume traded in under two weeks in late February - as the wider credit crunch impacted once more o
  • Hannover Re CEO Wilhelm Zeller said the reinsurer will look to continue with its multi-year K5 sidecar when it comes up for renewal. Zeller added that Hannover Re had never been as well covered bec
  • Since founding ICAP in 1986, Michael Spencer has propelled the firm into becoming the world's largest inter-dealer broker, and in the perennial search for new asset classes, he has turned his attention to the (re)insurance landscape. Trading Risk gets his take on the ILS sector...
  • Ratings agency actions based on markto-market losses in investment portfolios, failed commercial paper auctions and the uncertainty surrounding the fate of the monoline bond insurers – which pr
  • Bermudian reinsurer RenaissanceRe (RenRe) has withdrawn its proposed $200mn CPXRe cat bond and Catlin’s $150mn Newton Re 2008-1 was a third smaller than originally conceived, mainly due to lack