The impact of Hurricane Sandy on the catastrophe bond market is likely to be muted based on current estimates, with little impact on new pricing, according to Willis Capital Markets & Advisory (WCMA), part of global insurance broker, Willis Group …
Investments from the capital markets in various forms now provide around 14 percent of the total capital dedicated to providing reinsurance – approximately $35 billion [$17 billion in cat bonds] out of $250 billion. The question remains as to whether …
Catastrophe bond issuance for the last 12 months – June 2011 to June 2012 – rose to $6.43 billion – an increase of more than $2 billion over the same period in 2011, according to a report issued by Aon …
The latest report on the insurance-linked securities (ILS) market from Aon Benfield Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield, reveals that “catastrophe bond issuance for the period reached $2.1billion, as investors continued to …
A report from Willis Capital Markets & Advisory (WCMA), a unit of Willis Group Holdings, concludes that the “catastrophe reinsurance market may be on the cusp of a strategic shift, with third party capital providers set to take on increasing …
According to a report from Guy Carpenter the July first reinsurance renewals “took place against a backdrop of plentiful capacity,” as capital “has continued to strengthen through the second quarter of 2012, moderating pricing pressures.” Guy Carp noted that, “although …
With two quarters completed in 2012, the catastrophe bond market remains robust. Insurers and reinsurers issued approximately $3.6 billion in catastrophe bonds during the first half of 2012, up from $2.2 billion in the first half of 2011, according to …
Swiss Re Ltd. Announced that it has secured $400 million in natural catastrophe coverage through a newly-formed issuer Mythen Ltd., which it described as a “flexible program that allows Swiss Re to cede wind risks in both the United States …
The latest Insurance-Linked Securities (ILS) Market Update from Willis Capital Markets & Advisory (WCMA), part of global insurance broker Willis Group Holdings, notes a “record issuance in the catastrophe bond market in the first quarter of 2012, with eight new …
Swiss Re Capital Markets announced that it has “structured and successfully placed $240 million of insurance-linked securities [cat bonds] issued by Blue Danube Ltd., on behalf of a subsidiary of Allianz SE. The securities cover North Atlantic hurricane, including Mexico …
