catastrophe bond News
$500M Cat Bond Set to Expand FEMA’s Flood Reinsurance Plan
The Federal Emergency Management Agency (FEMA) has secured a reinsurance placement for the National Flood Insurance Program (NFIP) that for the first time is directly backed by capital markets ...
ILS Market Reaches New Record, Again: Willis Capital Markets & Advisory
Total non-life insurance linked securities (ILS) capital reached a record $70 billion at year-end 2015 – topping the previous record of $65 billion at year-end 2014, according to the latest ILS ...
Guy Carpenter Division Places First Cat Bond For China Perils
GC Securities said it has placed a newly formed catastrophe bond shelf program with China Re - the first of its kind to benefit Chinese insurers/reinsurers and perils. The announcement of the Guy ...
Aon Benfield Cites 2014 as Record for Property Catastrophe Bond Issuance
Total property catastrophe bond issuance for 2014 stood at $8.03 billion as of Dec. 12, a new record for annual insurance-linked securities, Aon Benfield Securities said. That new milestone hit with ...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 ...$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, ...