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

30 July 2010

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First trade in eastern hurricane futures

The first eastern seaboard wind futures contract has traded on the Chicago Climate Futures Exchange (CCFE), a year after the product was first launched by IFEXRead more


County-based hurricane index launched

Risk assessor Verisk Analytics has launched a new catastrophe index for US hurricane risk to provide a more tailored view of insured loss estimatesRead more


RenRe parks Timicuan sidecar for 2010

Bermudian reinsurer RenaissanceRe has not renewed its $60mn Timicuan Florida wind sidecar vehicle for 2010, a move which contributed to a $70.4mn year-on-year drop in Q2 catastrophe premium income for the firmRead more


Swiss Re provides first parametric cover for US state fund

Reinsurer Swiss Re has signed a three-year deal providing the Alabama State Insurance Fund with hurricane cover, in the first US state government reinsurance contract to use parametric triggersRead more


Cat bonds avoid Dodd-Frank ratings change

Catastrophe bonds should escape the uncertainty about using credit ratings in offer documents as ratings agencies face up to financial reforms included in the Dodd-Frank bill signed into US law last weekRead more


Low end marine ILWs pulled from market in Deepwater aftermath

Buyers of lower trigger level marine industry loss warranties (ILWs) are struggling to find affordable cover as sellers effectively take the contracts off the counter in the wake of Deepwater Horizon, Trading Risk can revealRead more


Storm forecasts eased after slow start to hurricane season

Ratings upgraded on Vega Capital cat bonds

Cat bond pricing rebounds

News analysis

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Hard ILW market bucks industry trend

In our regular ILW quarterly update, Willis Re executive director Henry Kingham sees strong Q2 ILS issuance starving ILW buyers of capital markets capacity. ILWs now offer a hard market haven for those with the cash to investRead more

Batten down the hatches?

Karen Clark, of the eponymous firm, is a leading expert in catastrophe risk assessment and management, working for more than 25 years in the field. Clark developed the first hurricane catastrophe model and founded the first catastrophe modelling company, Applied Insurance Research (AIR), in 1987. She shares her thoughts on the 2010 hurricane forecastsRead more

Cat bond investors; a moving feast

As one of the industry's leading cat bond managers with a global capital market reach, Goldman Sachs has a unique perspective on the ILS market. Here, the firm's co-head of America's securitisation, Michael Millette, analyses the changing face of cat bond investorsRead more

Collateralised reinsurers join the mainstream

The key US cat renewal date of 1 June this year - which was characterised by excess traditional capacity and falling rates - served to underline the steady presence of collateralised reinsurance in the property cat marketRead more

Trading views

For a while now, the use of the words "indemnity" and "cat bond" in the same sentence has been met with a curling of the lip and a reflexive recoil from a contingent of cat fund investorsRead more

Trading Places

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The Trading Floor: Brian Tobben

Reinsurer PartnerRe leverages its catastrophe and life underwriting expertise as an active ILS investor. Brian Tobben, head of PartnerRe's ILS unit, discusses his view of the convergence marketsRead more

Research & Supplements

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2009 NY Roundtable

Trading Risk Roundtable Winter 2009/10

Trading Risk hosted its first roundtable in late 2009; an event which we anticipate becoming just as an established a fixture in the convergence industry calendar as the annual Trading Risk AwardsRead more


2009 Annual Review cover

2009 Annual Review; 2010 Preview

Welcome to the Trading Risk 2009 Annual Review and 2010 Preview - the definitive guide to the year that has just happened, and to what lies ahead in the evolving convergance landscapeRead more


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