Monthly Archives: November 2015

News review | November 30 2015

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Zenkyoren has returned to the cat bond market with a new $200m Nakama Re offering, seeking reinsurance cover for Japanese earthquake events. The indemnity transaction has a similar structure to the mutual insurer's $375m Nakama Re...

News review | November 23 2015

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The CEO of UK terrorism backstop Pool Re has responded to the French prime minister Manuel Valls' concerns over chemical or biological attacks by terrorist groups. "Pool Re is ready and able to respond to any such heinous assault...

News review | November 16 2015

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The Kilimanjaro Re Ltd (Series 2015-1) catastrophe bond which is currently being marketed on behalf of Everest Re looks set to more than double in size, from the $300m it launched at, to $625m by the close. Everest Re returned to...

Live from Bermuda – Convergence 2015

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In 2017, Bermuda will host the 35th America's cup. The build up to the oldest trophy in international sport is well underway and attracting a new kind of visitor to the island. Jimmy Spithill is a remarkable athlete - he skippered his...

News review | November 09 2015

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Interest in cat bonds is waning, according to an article in the UK's Financial Times. It notes that new issuance has barely kept up with a wave of maturities and that the level of cat bonds outstanding is roughly flat, at about $25bn. "Earlier investor...

News review | November 02 2015

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Bermudian reinsurer Everest Re has launched its third Kilimanjaro Re cat bond, seeking $300m in index-based cover across two tranches. The latest deal is pitched at a higher risk level than previous issuances and may therefore be...