Monthly Archives: February 2016

News review | February 29 2016

Posted by on

Japanese 'big three' insurer Mitsui Sumitomo has brought its latest Akibare Re deal to the market. Akibare Re 2016-1 will provide the carrier with indemnity cover against typhoon events on an annual aggregate basis. The $175m bond...

News review | February 22 2016

Posted by on

US military mutual insurer USAA’s new catastrophe bond, the Espada Reinsurance Limited (Series 2016-1) transaction, is set to complete at the lower end of the insurers volume ambitions, securing just $50m of reinsurance, while...

The case for ILS as a responsible investment

Posted by on

Responsible investment strategies have experienced rapid growth in recent years. One report estimates that $6.6 trillion (18%) of US domiciled assets are engaged in responsible investment practices. Robert Howie and Alex Bernhardt...

News review | February 15 2016

Posted by on

US insurer Nationwide Mutual is seeking to renew its cat bond cover after launching the Caelus Re IV issuance. The $225m bond is being marketed with an insurance-linked coupon of 550-625 basis points (bps). At the midpoint, this...

News review | February 08 2016

Posted by on

The US National Hurricane Center has delivered its final tropical cyclone report for hurricane Patricia, putting the minimum central pressure of the storm at 932mb at landfall on the Mexican coast. This suggests the MultiCat Mexico Ltd (Series...