Monthly Archives: April 2018

News review | April 30 2018

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Transatlantic Re is to sponsor its first catastrophe bond transaction, with the launch to investors of a $200m Bowline Re deal, that will provide the firm with collateralised multi-peril reinsurance coverage. It is understood TransRe...

News review | April 23 2018

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Bermuda’s insurance-linked securities market has added another feather to its cap with a “first of its kind” $100m issuance backing a US insurer of municipal bonds. Fidus Re Ltd, a Bermudian special purpose insurer, will use the proceeds from...

Befuddled Lloyd’s

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Many insurers had a tough year in 2017 and the Lloyd's market was no exception. Not only was the overall performance weak, but the spread of performance between the independently managed syndicates was even wider than usual. Source:...

News review | April 16 2018

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UPC's Armor Re II cat bond has priced 17.7 percent below the midpoint of the initial spread guidance at 350 basis points. Final sizing for the deal, which will provide US east coast cover against wind and quake risk for the Florida-based...

April 2018 pricing data

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Brokers reported flat pricing at the Japanese renewals on April 1 while the latest pricing in the catastrophe bond and ILW markets shows the impact of continued capital inflows. The interactive exhibit below shows four charts illustrating...

News review | Monday 09 2018

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First quarter catastrophe bond issuance saw $3.1 billion in new capital come to market. $1.3 billion of this was for transactions covering Latin America and Japan also featured strongly, according to Property Claim Services. Only one transaction...