Beazley ‘delighted’ to sponsor first 144A cat bond via the Lloyd’s London Bridge platform
The world’s oldest insurance and reinsurance marketplace, Lloyd’s, has confirmed the issuance of the first 144A catastrophe bond transaction via London Bridge 2 PCC Limited, the Beazley sponsored $100 million transaction. The deal, which is listed in the Artemis Deal Directory, is the first 144A property catastrophe bond sponsored by London-based specialty insurer and reinsurer Beazley. […]
Hannover Re whole account retro renews risk-adjusted flat, with Liberty lead
Artemis has learned that Hannover Re’s key whole account catastrophe excess-of-loss retrocession renewal was completed with pricing flat on a risk-adjusted basis, as higher exposure levels for large retro towers were met with comparably higher rates, resulting in roughly flat outcomes at January 1st. We’re told that Liberty Mutual was the lead market for the […]
Catastrophe bond funds UCITS average 16% return for 2023
Catastrophe bond fund strategies in the UCITS format have delivered an impressive almost 16% average return for the full-year 2023, rising every single month during the period and setting a new record for this popular segment of the cat bond fund space. The Plenum Investments Index that tracks the returns of catastrophe bond funds in […]
ILS fund Index sets new annual record, hits 13.33% return after 11-months
With one month still to be counted, the Eurekahedge ILS Advisers Index has already a new record high annual return in 2023, as the average return of the insurance-linked securities (ILS) funds tracked rose to almost 13.3% after November. The previous high for the annual return of the Eurekahedge ILS Advisers Index, which tracks a basket […]
