Cat bonds, high yield, US distressed, infrastructure risky too
While the region is peril-prone no risk transfer deal has been done at state level
Unique structuring methodology frees insurer to access capital markets all year round
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
Innovative structures seek to break dominance of US wind peril over ILS market
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
New sponsors contribute to near-record first-half activity setting optimistic mood for rest of the year
Record Q1 for cat bonds as pension funds increase capacity
Despite a subdued level of activity in 2011, the cat bond market is expected to boom this year as new investors pile in and rates harden in the traditional reinsurance market. Thomas Whittaker reports on how the cat bond market is evolving
Life insurers and pension funds using insurance-linked securities as diversifier, as deal activity jumps in fourth quarter
Catastrophe product looks to capitalise on perceived investor appetite for oil spill risk
Waiting out the storm
Catastrophe bonds hit by Japan earthquake
Japan earthquake raises cat bond uncertainty
Investors ponder short- and medium-term effects earthquake could have on cat bond market
A new indemnification insurance-linked securitisation is under way and could put an end to a post-crisis dry spell in life ILS early next year
Two senior heads at Axa Investment Managers anticipate escalating demand for catastrophe bonds.
As the dust settles on the World Cup and those that bought televisions on the basis that their national football team would win the tournament wonder how to match their rash expenditure with reality, Richard Jory reviews the copious research supporting...
Since the financial crisis the insurance-linked securities market has been squeezed into a tight corridor of issuance with only natural catastrophe bonds seeing any traction – a blow for a market that pre-2008 appeared to be on the cusp of developing...