News Posts

Event Report: Hurricane Barry On July 13, early afternoon, Hurricane Barry made landfall near Intracoastal City, LA, as a low end hurricane with sustained wind speed of 115 km/h. Barry had been upgraded to minimal hurricane status just 3 hours before landfall and...

Event Report: Ridgecrest California earthquake series During the last few days, a series of moderate to strong earthquakes occurred near Ridgecrest, California, a sparsely populated region in the Mojave Desert, approximately 200 km to the north of Los Angeles. The...

Zurich based Insurance Linked Securities specialist Solidum Partners will assume the asset management of the CAT bond funds of Falcon Fund Management from 1st of August 2019. The current portfolios include the Insurance Linked Strategy and Insurance Opportunities...

Event Report: Earthquake Peru On the morning of May 26, 2019 (7:41 UTC) a severe earthquake occurred in Central Peru. According to the U.S. Geological Survey (USGS) half a million people were exposed to severe shaking and close to 7 million felt moderate shaking The...

‘Clearing’ price technology With new technology many areas of life are changing, some think for the better and some think for the worse. This is equally true in the reinsurance market where technology is coming in to try to make things more efficient and ‘better’,...

See: http://www.artemis.bm/news/solidum-issues-12m-private-catastrophe-bond-using-ils-blockchain/

There has been much talk about how smart contracts on the blockchain will revolutionise insurance and reinsurance policies and contract wordings; about how they will be quicker, cheaper, digital, authenticated by nature, pay claims automatically and overall reduce the...

Cyber seems to be close to everyone's thoughts at the moment. At a time that the markets are seeking new business to write with their overcollateralised balance sheets and ILS funds are seeking new products to invest in that are not US hurricane and earthquake, many...

*** PRESS RELEASE *** Solidum Partners AG, a Swiss cat bond and ILS fund manager, was, in August, one of the initial subscribers of the first securities to be issued and settled on a private blockchain called the ILSBlockchain: Dom Re IC Limited $14,800,000...

*** PRESS RELEASE *** Guernsey 3 August 2017: Dom Re IC Limited, a Guernsey-domiciled ILS reinsurance transformer and incorporated cell of Solidum Re (Guernsey) ICC limited has, with its most recent placement, issued what it believes to be the first notes ever to have...