cat bonds News
Some ILS Money Irrational; Trad’l Re Mkts Adding Terror to Cat Cover: CEO
The once responsible insurance-linked securities market is showing signs of being overheated and irrational, the chief executive of the holding company for a Bermuda-based reinsurer said on Friday. ...
Cat Bond Deals Fell Just Short of Record in 2013: Willis Capital Markets Advisory
Tallying up total catastrophe bond issue for 2013, Willis Capital Markets Advisory put the figure at $7.1 billion, just shy of the $7.2 billion record of 2007. Last year saw a record number of 29 ...
Catastrophe Bond Issuance High, But Short of Record in 2013
The catastrophe bond market experienced near-record issuance in 2013, with $7.1 billion of global issuance falling just short of the all-time record set in 2007 of $7.6 billion, Fitch Ratings ...
ILS Market Could Be $150B by 2018, Cat Bonds Likely $50B: BNY Mellon
The level of catastrophe bonds outstanding could more than double from the current level of $19 billion to $50 billion by the end of 2018, according to a report from BNY Mellon. The global provider ...
Reinsurers Target Regional Carriers as Alternative Capital Lures National Accounts
Regional and super-regional carriers may start getting more attention from reinsurers in advance of Jan. 1, 2014 renewals, a broker representative predicted recently. During the PCI Annual Meeting in ...
AXA Sells $474 Million of Catastrophe Bonds
AXA SA said it sold catastrophe bonds designed to protect insurers from payouts on storm damage, in the biggest transaction of the notes in euros. Europe's second-largest insurer by market value ...
Goldman, Regulator See Demand for Canada’s Insurers to Sell Cat Bonds
Canada's banking regulator is urging insurers to sell catastrophe bonds for the first time to cut the risk of natural disasters such as the record floods that inundated swathes of downtown Calgary in ...
Rendez-Vous Recap: Alternative Capital Remains Elephant in the Room
The 57th Reinsurance Rendez-Vous is winding down, and, while it's been another successful networking opportunity for the industry's movers and shakers, most of the discussions have ended on a note of ...