Cat bond News
Cat Bond Prices May Have Reached the Bottom: Fitch
Catastrophe bond prices have been falling in 2014, but they may not sink any lower, Fitch Ratings suggested in a statement Tuesday, pointing to Munich Reinsurance Group's decision to pull its Queen ...
Argo Establishes 2014 Sidecar, Issues Cat Bonds
Argo Group International Holdings, Ltd. announced Monday that it establised a new sidecar reinsurer and separately announced that it issued $172 million in catastrophe bonds. The sidecar, Harambee Re ...American Modern Sponsors $75M Cat Bond; Willis Capital Markets & Advisory Completes Placement
Willis Capital Markets & Advisory announced the successful placement of a $75 million catastrophe bond transaction for American Modern Insurance Group last week. The transaction, which closed on ...Willis Places Catlin $300M Cat Bond
Willis Capital Markets & Advisory the capital markets and advisory business of Willis Group Holdings, the global risk advisor, insurance and reinsurance broker, announced that it has structured ...
First Storm Surge-Only Bond Gets S&P Rating
Standard & Poor's Ratings Services announced Tuesday that it rated the first storm surge catastrophe bond—MetroCat Re Ltd.—a $200 million issuance sponsored by First Mutual Transportation ...$60M New Jersey Insurer CAT Bond Placed By Towers Watson Capital Markets
Towers Watson Capital Markets announced Thursday that it recently arranged a private placement catastrophe bond, sponsored by New Jersey Manufacturers Insurance Group. The bond, Sullivan Re 2013-1, ...