News
MAPFRE SPV Issues Debut Cat Bond
The word from MAPFRE RE who have sponsored the issuance of a catastrophe bond for the first time in its history. The bond has been issued by Recoletos Re DAC, a special purpose vehicle (SPV) […]
bond
News
With-Profits Customers Share in £54m From NFU Mutual
The latest from NFU Mutual, who have been sharing the profits – yep that’s how mutuals work, good system! Here’s the word; NFU Mutual shared a £54m Mutual Investment Bonus with eligible With-Profits customers in […]
Insurance Brokers
Inigo Ltd Issues Cat Bond Worth $100m
Latest catastrophe cover news from Inigo; Inigo Limited (“Inigo”) announces it has issued its third catastrophe bond for $100 million via Montoya Re Ltd. The cat bond will cover North American named storms and earthquakes, the […]
News
Beazley Closes on $140m Cat Bond Deal
Latest from Beazley as it closes on a Cat bond deal; Beazley, the leading specialist insurer, today announced it has closed its first 144A cyber catastrophe bond providing cover of $140 million. This is Beazley’s […]
News
New Cat Bond From SCOR
SCOR has successfully sponsored a new catastrophe bond (“cat bond”), Atlas Capital DAC Series 2023-1, which will provide the Group with multi-year risk transfer capacity of USD 75 million to protect itself against named storms […]
Global insurance trends
Kin Announces $100m Cat Bond Deal
Some Catastrophe Bond news from the USA; Kin Insurance has announced that the Kin Interinsurance Network, its reciprocal insurance carrier, successfully closed a $100 million private placement catastrophe bond transaction, bringing Hestia Re Ltd.’s (“Hestia […]
InsureTech
CyberCube Working on Cat Bond Modelling
CyberCube, the market leader in cyber risk analytics, has acted as a modelling agent for the first private cyber cat bond to bring additional reinsurance capacity to the market. CyberCube’s Portfolio Manager was utilized as part of […]
Global insurance trends
Beazley Launches Cyber Cat Bond
Beazley, the leading specialist insurer, has launched the market’s first cyber catastrophe bond. This is the first time that a liquid Insurance-Linked Securities (ILS) instrument has been created for cyber catastrophe risks. The $45 million […]