Monthly Archives: March 2017

April 1 2017 pricing data

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Data from the first few months of 2017 shows that there has been a steep fall in the returns of new catastrophe bonds compared with those issued in the first quarter of 2016. The returns of bonds exposed to US hurricane risk has reached...

News review | March 27 2017

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Everest Re is understood to be seeking $600m from new two cat bonds, Kilimanjaro Re II 2017-1 and 2017-2. The main difference between the two series is the length of protection, with the 2017-1 deal providing four-year cover while...

News review | March 20 2017

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The Aozora Re (Series 2017-1) catastrophe bond issuance, sponsored by Sompo Japan Nipponkoa (SJNK), has increased in size again with the target raised to $480m and at the same time the pricing lowered to the bottom of already reduced...

News review | March 13 2017

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Brit has announced the expansion of its Bermuda domiciled sidecar, Versutus, in support of risks attaching to Brit’s North American Property Insurance portfolio, effective from 1 January 2017. Versutus will increase the amount...

News review | March 06 2017

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ICAT Syndicate 4242 first catastrophe bond, Buffalo Re Ltd (Series 2017-1), appears to have been well-received by ILS investors, helping the transaction to upsize to $164.5m while marketing, as price guidance dropped at the same...

News review | February 27 2017

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Japanese primary insurance giant Sompo Japan Nipponkoa Insurance is returning to the capital markets to sponsor a $270m Aozora Re Ltd. (Series 2017-1) catastrophe bond, to secure additional collateralised reinsurance protection for...