Monthly Archives: November 2013

ILS database

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This database combines data from number of sources. Errors and omissions to editor@insurancelinked.com. ...

News Review l 23 November 2013

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Mount Logan Re, the reinsurance sidecar of Bermuda-based Everest Group, has appointed David Whiting as chief underwriting officer. Commenting on the appointment, Rick Pagnani, president and CEO of Mt. Logan, said: “We are extremely...

News Review l 17 November 2013

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Blue Capital Re closed its initial public offering this week after raising $125m on the New York Stock Exchange. Blue Capital, which is a subsidiary of Bermudian reinsurer Montpelier Re, aims to offer collateralised reinsurance in...

AIFMD – costs and opportunities

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Regulations could create globally-trusted brand to replace tarnished UCITS Despite having almost three years to comply with the Alternative Investment Fund Managers Directive (AIFMD), which came into force in July, many fund managers...

News review | 11 November 2013

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Typhoon Haiyan made landfall over the Philippines this week, leaving a trail of destruction in its path. The Category 5 storm is likely to be the strongest tropical cyclone to make landfall on record anywhere in the world, according to EQECAT. Haiyan’s...

Fund manager AUM

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This chart estimates the growth of assets under management at some of the larger insurance linked fund managers from January 2000. It does not include temporary structures such as sidecars. Managers marked with an asterisk are no longer managing...

Primary ILS pricing

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This interactive chart shows the relationship between coupon spread and expected loss for insurance linked securities at the time of issue. The size of the spot is proportional to the size of the principal. The checkboxes enable the graph to be filtered...

News Review l 3 November 2013

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On November 1 Queen Street Capital II became the second Munich Re cat bond in three days to be placed on CreditWatch Negative by Standard & Poor’s. Due to uncertainties over the US debt ceiling the bond has suffered a loss of principal...

Broadening scope for cat bonds

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Storm surge development a step forward in innovation While the majority of cat bonds continue to cover peak risk in the US, and to a lesser extent Europe and Japan, a spate of recent issuances have included a new set of perils, in...

Implications of breaking the buck

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Queen Street saga opens door to questions about cat bond market correlation Winter is almost upon us and two Munich Re cat bonds are already feeling the chill after being placed on CreditWatch Negative by Standard & Poor’s. First...