Monthly Archives: December 2013

When the wind blows

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Calm in the Atlantic but Europe takes a buffeting Despite predictions of a stormy Atlantic hurricane season, 2013 was an extremely benign year - the least active in the last 30 years in fact. Just 13 named storms formed during the...

News review l Dec 22 2013

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Argo Group’s latest cat bond, Loma Reinsurance (Bermuda) Ltd. (Series 2013-1), has grown in size by over 60%. The bond was originally marketed as a $100m transaction but with price guidance dropping to below the initial range on...

Unhappy new year

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Alternative insurance impact may be felt at January renewals Many traditional reinsurers may be looking ahead to the New Year with a sense of dread amid predictions that prices will take a battering at the January renewals. Suggestions...

News Review l Dec 15 2013

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Australian insurer QBE is marketing a $200m cat bond named VenTerra Re Ltd. The Bermuda-based SPV will enter into a reinsurance agreement with QBE’s captive reinsurer Equator Reinsurance Ltd. The fully-collateralised, capital market...

News Review l Dec 8 2013

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The Cayman Islands Stock Exchange is working on an exchange-traded catastrophe market initiative with Property Claim Services. The CSX plans to offer sponsors and investors the opportunity to trade binary index instruments linked...

News Review l Dec 1 2013

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Beazley, the specialist Lloyd’s (re)insurer has revealed that it might issue a cat bond when it renews its retrocessional reinsurance coverage in April 2014. According to Canaccord Genuity research analysts Ben Cohen and Ming Zhu,...

Primary ILS issuance

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This chart shows the amount of catastrophe bond issuance each year since 1996. Hover over the bars to show details of individual bonds and use the checkboxes to filter for particular types of underlying exposure. ...