Secondary trading

Evolution Markets has launched a new division for trading and structuring catastrophe derivatives following its successful entry into the weather derivatives market. The division will encompass a br

A number of maturing cat bonds in June have released capacity for investors, tempering trading in the secondary market during the recent rush of new cat bond issuance. Secondary trading of cat bonds

ICAP-JLT, the catastrophe swap brokerage joint venture, has launched a new screenbased insurance linked securities (ILS) broking service to trade cat bonds and “other ILS”, according to t

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

Secondary trading of insurance linked securities (ILS) was estimated to be as high as $1bn in March, with first quarter trading possibly reaching $3bn across the life and non-life cat bond sectors. T

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 and Bermudian reinsurer PartnerRe Ltd have recently launched dedicated ILS departments to explore different ways to interact with the capital markets, Trading Risk can reveal. The moves u

Secondary market trading of insurance linked securities (ILS) has remained strong in 2008, with some $550mn of cat bonds alone traded to mid-February, according to Albert Selius, managing director of

The secondary market in cat bonds has seen increased trading at the start of 2008, with Swiss Re Capital Markets having completed “one, sometimes two, trades per day this year”, according