Allianz Seeks to Buy Back Europe’s Biggest Old-School Bond January 4, 2024 By Tasos Vossos Insurance giant Allianz SE is looking to replace the biggest bond remaining under Europe’s old regulatory regime as it taps...
New Swiss Capital Rules Set to Spur $20 Billion Bond Overhaul for Re/Insurers November 3, 2023 By Tasos Vossos Insurance companies in Switzerland are set to repay billions in mostly discounted old-style bonds over the next decade as changes...
Libor Zombies Pit Hedge Funds Against Banks, Insurers in High-Stakes Feud August 28, 2023 By Tasos Vossos and William Shaw One of the most lucrative, and contentious, trades of 2023 has emerged in an obscure corner of financial markets, minting...
Cat Bond Investors Demand Higher Premiums as Weather Becomes More Extreme January 11, 2023 By Lucca de Paoli and Tasos Vossos Investors in the $35 billion catastrophe bond market are demanding the highest premiums in years to cover issuers against disasters,...
Catastrophe Bonds Positioned to Tap Into Demand for Socially Responsible Investments April 5, 2021 By Tasos Vossos Catastrophe bonds are being hailed as the next frontier for socially responsible investing. Such debt, which insures against natural disasters...
Why World Bank’s Controversial Pandemic Bonds Didn’t Function as Hoped December 10, 2020 By Tracy Alloway and Tasos Vossos In late January 2015, just after the deadliest outbreak of Ebola in history, then-World Bank President Jim Yong Kim stood...
Pandemic Bonds Get Stay of Execution but Prospect of Wipeout Looms April 16, 2020 By Tasos Vossos A ruling last week not to wipe out holders of a World Bank financial instrument providing emergency funds to poor...
Coronavirus Likely to Trigger Pandemic Bond Payouts to Poor Countries March 11, 2020 By Tasos Vossos The severity of the global coronavirus epidemic has reached levels almost certain to trigger a financial instrument sold by the...
Catastrophe Bond Prices Signal Coronavirus Nearing Pandemic Status February 28, 2020 By Tasos Vossos The World Health Organization says the coronavirus isn’t yet a global pandemic. Bonds that insure against just such a catastrophe...