Monthly Archives: May 2014

Florida 2014 – a buyer’s market

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There are still four days left to negotiate the key Florida renewal season. But this year, discussions have been distinctly one sided Bryon Ehrhart, chief executive of Aon Benfield Americas, described what has been happening during...

News review | May 25 2014

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Allstate closed its second Florida transaction this year with the $200m Sanders Re 2014-2. It will pay a coupon spread of 3.9% and cover two subsidiaries – Castle Key Indemnity and Castle Key Insurance. This compliments the $750m...

Cat bond market – infographic

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

Perspectives – Darren Redhead, CEO of Kinesis

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A conversation with the head of Lancashire’s third party capital group The rapid structural changes in the reinsurance market have left many ‘traditional’ reinsurers struggling to adapt. At the end of 2013, Lancashire, a leading...

News review | May 18 2014

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Sompo Japan and Nipponkoa Insurance Company, which are both part of the NKSJ Holdings, are in the market with a new cat bond which will provide cover from Japanese typhoon events and the resulting losses from wind, flood, surge,...

Moore’s Law

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The press is full of superlatives these days – biggest market, largest bond, most sponsors, lowest yield. As records seem to be falling increasing rapidly we take a look at the market trajectory Gordon Moore famously predicted...

News review | May 12 2014

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JLT Capital Markets, has arranged Market Re, a $10m private placement catastrophe bond for an unnamed cedent. The new bond provides two-year indemnity-based collateralised catastrophe reinsurance coverage for the cedent’s Florida...

Catastrophe bond map

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This map shows the geographical distribution of catastrophe bonds at April 1 2014. Select cyclone or earthquake in the top left corner of the map. Click or drag on the map to list bonds in particular regions (data is aggregated to state level in...

Perspectives – Ben Fox

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The World Bank

A conversation with Dr. Ben Fox of the World Bank Group, about the Bank’s work to reduce the economic burden of natural disasters The World Bank has led efforts to use innovative financial structures to secure finance for disaster...

News review | May 5 2014

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Generali has become the first Italian sponsor to enter the ILS market with the issue of its Lion Re catastrophe bond. The €190m transaction provides the Italian insurer with per occurrence cover from Europe windstorms over a three...