Monthly Archives: October 2015

News review | October 26 2015

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Patricia, the strongest hurricane ever recorded at sea, approached Mexico's Pacific coast with such ferocity that thousands were evacuated before the powerful Category 5 storm touched down Friday evening (23 October) near Cuixmala...

News review | October 19 2015

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Details of a new $275m catastrophe bond, issued by National Railroad Passenger Corporation (Amtrak), have emerged. It is the first time Amtrak has obtained capital markets protection for storm surge and wind from named storms as...

News review | October 12 2015

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Maryland State Retirement Pension System, Baltimore, has allocated $100m to the Nephila Palmetto Catastrophe Fund, a hurricane reinsurance strategy managed by Nephila Capital. The allocation came as the Maryland state pension fund...

Pricing update – third quarter 2015

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Few reinsurance deals are negotiated in the third quarter, so pricing data is sparse. However, the data from the cat bond and ILW markets indicates little change over the last 12 months. June and July saw some resistance to further...

News review | October 05 2015

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The third quarter of 2015 was again relatively quiet from a cat bond issuance perspective, according to PCS. Including the cat bond lite space, nearly $700m in issuance occurred. Outside the “lite” market, sponsors completed...