Monthly Archives: April 2014

Industry Loss What?

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InsuranceLinked has teamed up with leading reinsurance broker, Guy Carpenter, to provide readers with historical ILW pricing data Many column inches have been devoted to discussing the current pricing levels in the market, but numbers...

News review | April 28 2014

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The board of Florida Citizens Property Insurance Corporation approved its $3.1 billion risk transfer program for the 2014 hurricane season. Citizens has increased its reinsurance protection by nearly 70%. The risk transfer package...

Bigger data

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Cat bonds remain a largely US phenomenon despite the number of sponsors surging by 50% in the last two years This week Italian insurer, Generali, is marketing a cat bond that will include exposure in Poland, Slovakia and the Czech...

News review | April 21 2014

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Lion 1 Re, the first catastrophe bond to be issued by Italian insurer Generali, will be rated 'B+sf(EXP)' by Fitch Ratings. The €180m bond will cover the insurer from losses due to windstorms on an indemnity basis. It covers a...

Data, Big Data

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Statistics has rebranded itself as ‘Big Data’. We've joined the bandwagon and created two new interactive charts from our data warehouse Which insurers are supplying the catastrophe bond market? The market impact of cat bonds...

News review | April 14 2014

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Florida's state-backed insurer, Citizens Property Insurance, has returned to the capital markets with its third Everglades Re catastrophe bond. The $400m annual aggregate Florida hurricane bond will use an indemnity trigger and cover...

Untangling twisters

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New insight into tornado risk could give investors the comfort they need In 2010, American Family’s, Mariah Re, became the first catastrophe bond to cover losses from tornadoes in the US. It was a significant development in broadening...

News review | April 7 2014

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Stone Ridge’s new interval fund filed its first N-Q with the SEC which revealed a total NAV of over $600m. This included over $100m with Everest’s Mt Logan side car, various collateralised sidecars and over $100m in money market funds. http://www.sec.gov/Archives/edgar/data/1581005/000089418914001591/srtii_nq.htm Aon...