Hedge Funds Rake in Huge Profits Betting on Catastrophe Risk January 22, 2024 By Gautam Naik and Sheryl Tian Tong Lee For hedge funds, the science of catastrophes helped generate the best returns of any alternative investment strategy last year. The...
Hedge Fund Fermat Has Best Year Ever as Catastrophe Bonds Deliver Record Results January 18, 2024 By Gautam Naik Fermat Capital Management just had the best year in its more than two-decade history, after outsize bets on catastrophe bonds...
Markets/Coverages: Lloyd’s Announces 1st 144A Cat Bond on Its London Bridge Platform January 8, 2024 Lloyd’s, the re/insurance marketplace, announced that the first 144A catastrophe bond has been issued on its risk transformation platform London...
Inigo Issues 3rd Catastrophe Bond for $100 Million January 5, 2024 Inigo Ltd. announced it has issued its third catastrophe bond for $100 million via Montoya Re Ltd. The cat bond...
Allianz Sponsors Catastrophe Bond for European Windstorm Risks December 20, 2023 Allianz has sponsored a new catastrophe bond which will provide the group with multi-year risk transfer capacity of €250 million...
Insurance, Cat Bonds Can Help Boost Poorer Countries’ Resilience to Climate Risks December 1, 2023 By Alessandro Parodi, Simon Jessop and Libby George Low-income countries are struggling to access insurance, catastrophe bonds and other hedging mechanisms that could help protect them from the...
AXIS Capital Sponsors First Cyber-Catastrophe Bond Issued in Public Debt Markets November 29, 2023 By Gautam Naik For the first time, a cyber-catastrophe bond has made its way into public debt markets. Long Walk Reinsurance Ltd. issued...
Poor Countries Are Missing Out on Pre-Arranged Climate Disaster Finance: Study November 16, 2023 By Alessandro Parodi The poorest and most vulnerable countries do not benefit enough from pre-arranged financing to cope with disasters and are most...
Cyber ‘Catastrophe Bonds’ Move Step Closer to Hitting Public Debt Markets November 13, 2023 By Gautam Naik Cyber catastrophe bonds may be about to move out of the shadows of private deal-making and into the public debt...
Catastrophe Bond Market Headed for Major Surge in Issuance October 25, 2023 By Gautam Naik The market for catastrophe bonds is one of this year’s best-performing debt classes. It’s also about to see a significant...