Successful placement of SCOR bond indicates increased investor appetite for life risk
Investors and lawyers voice concerns about using segregated accounts structure to issue streamlined cat bond instruments
Reserve financing using offshore captives is big business in the US. Yet what started as an innovative method of moving excessive reserve requirements off balance sheet has turned, in some regulators’ minds, into a dark art that puts policyholder protection...
A catastrophe bond from an Asian-based issuer is unlikely in the near term due to the high cost relative to traditional reinsurance
Combining uncorrelated perils does not necessarily make bond more attractive and presents valuation challenges, say bankers