September 2009/1
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The longevity swap market is “poised to grow” to £5-10bn in several years, after the latest £1.9bn transaction between UK insurer RSA and Goldman Sachs took the value of longevity reserve
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A further surge in recession-related credit losses has prompted Standard & Poor’s (S&P) to downgrade the notes of Crystal Credit – Swiss Re’s EUR252mn credit reinsurance securitisat
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Moody's Investors Service is keeping a $67.5mn tranche of the 2008 Nelson Re cat bond from private equity-backed Swiss reinsurer Glacier Re under review for possible downgrade. The agency said that t
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Bermudian mutual insurer Oil Casualty Insurance Co (OCIL) has repurchased $7,012,000 of the Class B notes of Avalon Re – its loss-stricken 2005 excess liability cat bond. The tender offer to no
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Hannover Re has continued its pioneering legacy with the launch of the $60mn sidecar-style vehicle Fac Pool Re – the first dedicated, securitised facility created for facultative exposures. Han