Monthly Archives: March 2016

News review | March 21 2016

Posted by on

A new $200m catastrophe bond has been admitted to the Bermuda Stock Exchange listings. The Akibare Re bond is sponsored by Mitsui Sumitomo Insurance Co and is the third in a series. All three were set up to provide Japanese typhoon...

News review | March 14 2016

Posted by on

Japanese big three carrier Sompo Japan Nipponkoa has returned to the cat bond market after two years and is seeking $175m for its Aozora Re 2016-1 cat bond. The four-year deal will provide the insurer with indemnity cover against...

News review | March 07 2016

Posted by on

Mitsui Sumitomo has increased the target size for its Akibare Re deal after pricing on the cat bond settled at the lower end of guidance. The carrier originally targeted $175m for the new ILS issuance but is now understood to be...