Monthly Archives: November 2014

News review | December 1 2014

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Zenkyoren, the largest single buyer of catastrophe reinsurance protection globally, is back with a new Japanese earthquake catastrophe bond Nakama Re Ltd. It is understood the Japanese National Mutual Insurance Federation of Agricultural...

News review | November 24 2014

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AIG is returning to the catastrophe bond market for its third Tradewynd deal, seeking at least $300m of reinsurance protection from the capital markets. AIG has become a regular visitor to the cat bond and insurance-linked securities...

A good time to buy insurance shares?

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Insurance giant, Travelers, has issued $1.55 billion of catastrophe bonds since 2007 to help reduce its hedging costs. Veteran insurance investor, Nick Martin, finds that while reinsurance rates have fallen dramatically in recent years, the...

News review | November 17 2014

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The Pacific Catastrophe Risk Insurance Pilot has been renewed for its third term, which will run to October 31 2015. Launched on 17 January 2013, the pilot helps reduce the financial vulnerability of five small island nations (the...

Live Blog: ILS Convergence 2014

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This week sees the second ILS Convergence event get underway in Hamilton, Bermuda. InsuranceLinked will be covering the event in a live blog. Billionaire Roman Abramovich seemed to be going to extraordinary lengths to get a ticket...

News review | November 10 2014

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Allstate has credited reducing reinsurance pricing, its multi-year programme and cat bond issuances with gaining the "best coverage it's ever had", lowering its first event retention to $500m from $750m and buying more protection...

Back to the future

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Reinsurers and ILS funds are increasingly gloomy as they struggle to see what could save them from further rate deterioration. But this is not the first time that the industry has faced seemingly hopeless market conditions. We look back...

News review | November 3 2014

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Willis Capital Markets & Advisory has brought its "cat bond lite" offering, Resilience Re, to market. It offers private cat bond sponsors another option alongside existing ventures provided by Kane, Tokio Marine and JLT, which...