One Catastrophe Won’t Scare Away Alternative Capital: S&P Panelists June 9, 2014 Catastrophe bond and insurance-linked securities (ILS) issuance have surged to record levels this year thanks to the continuing influx of...
Swiss Re CFO Warns Cat Bond Yields May Attract Inexperienced Buyers May 9, 2014 By Carolyn Bandel Swiss Re’s new Chief Financial Officer, David Cole, said high yields for insurance-linked securities [ILS], such as catastrophe bonds, may...
Cat Bond Coverage Reaches Record $20 Billion: Aon Benfield ILS study January 14, 2014 In its latest report Aon Benfield Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield,...
Bond Managers Gain as Pension Funds Flock to Catastrophe Risk December 12, 2013 By Oliver Suess Funds specializing in insurance-linked risks such as catastrophe bonds are benefiting as the $30 trillion pension industry increases bets in...
Investors to Double Catastrophe Bonds by 2018: BNY Mellon November 14, 2013 By Sarah Jones The amount of insurance-linked securities outstanding may reach $150 billion by the end of 2018 as institutional investors including pension...
Canada Regulator Urges Re/Insurers to Use Cat Bonds after Flood Disaster September 25, 2013 By Cecile Gutscher Canada’s banking regulator is urging insurers to sell catastrophe bonds for the first time to cut the risk of natural...
Lloyd’s Chairman Nelson Says Insurance Investment Boom Creates Risk September 5, 2013 By Chris Vellacott A flood of investment capital into structures linked to insurance could lead to instability and spark a new financial crisis...
New York’s MTA Obtains $200M of Protection With Catastrophe Bonds August 1, 2013 The Metropolitan Transportation Authority, which suffered $4.8 billion in damage from Superstorm Sandy last year, obtained $200 million of protection...
MTA Plans Catastrophe Bond Sale Linked to Storm Damage, S&P Says July 16, 2013 The Metropolitan Transportation Authority plans to use bonds designed to help New York City’s subway operator guard against storm surge...
Florida Municipal Insurance Trust Issues $20 Million Cat Bond May 23, 2013 By Michael Adams A Florida insurance trust that provides property insurance and other products to cities around the state has issued a $20...