Monthly Archives: April 2015

News review | April 27 2015

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Betting services company Lottoland has completed a €100m collateralised reinsurance transaction that will provide it with insurance cover against the risk of unexpectedly high payouts. The deal is the third lottery insurance deal...

News review | April 21 2015

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Florida Citizens Property Insurance is seeking $250m for its Everglades Re 2015 cat bond. The annual aggregate bond would be the organisation's most risk-remote cat bond to date, attaching at $6.2 billion with an exhaustion point...

First quarter pricing update

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The latest Industry Loss Warranty prices from Guy Carpenter indicate that US hurricane rates continued to slip in the first quarter, but recent weeks have shown an upward trend. The cat bond market is also showing signs of rate increases....

News review | April 14 2015

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AXA Global Life is seeking a source of fully-collateralised reinsurance coverage for excess mortality events from a catastrophe bond structure with a newly launched €250m ($265m) transaction named Benu Capital Ltd. This is the...

2015 could be another quiet year for hurricanes

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In the two years 2004/2005 the US experienced seven 'major' hurricanes. There have been zero in the nine years since then. Early signs indicate that 2015 will be another relatively quiet year. NASA’s Dr. Tim Hall discusses the upcoming...

News review | April 7 2015

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The Rockefeller Foundation, Swiss RE, Goldman Sachs and RMS have launched RE.bound, a catastrophe bond-like product that can promote project-based risk reduction solutions. The resilience bond integrates insurance coverage with investment...

M&A – the long view

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Last week's announcement that Endurance will be buying Montpelier was the fifth significant reinsurance deal in as many months. Assured Research, an insurance focused research firm, has analysed the data from the last 15 years of...