Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

19 May 2012

$100mn+ post-quake ILWs trade on Japan

25 March 2011

Reinsurance broker Aon Benfield traded over $100mn of Japanese earthquake industry loss warranties (ILW) shortly after the 11 March catastrophe, Trading Risk has learned.

The firm traded the reinsurance derivative contracts in the immediate aftermath of the event and has continued to trade Japan quake ILWs in recent weeks as uncertainty persists over industry insured loss levels.

"The ILW market can react quicker than the traditional markets," Dan Burrows, head of non-marine at Aon Benfield Global ReSpecialty, told Trading Risk...

You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.

Purchase


Share:

Insider Publishing Limited - 2nd Floor Asia House, 31-33 Lime Street, London, EC3M 7HT, United Kingdom. The content of this website is copyright of Insider Publishing Limited 2012. All rights reserved Insider Publishing Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.

Π