by solidum | Oct 7, 2015 | Uncategorized
Casting one’s mind back to the heady premium days of post Katrina / Wilma, life for the reinsurance market, including the nascent ILS market, was good. It was what in the industry is called a ‘hard market’, a market where terms are hard i.e. high premiums combined...
by solidum | Sep 9, 2015 | Uncategorized
Cat bond market as a proxy for the general ILS market: While the reinsurance (RI) market is generally transacting privately and objective market pricing data is hence not readily available (the global reinsurance brokers collect renewal information through their...
by solidum | Sep 4, 2015 | Uncategorized
Northern Rock started of life in the mid-1800s as a UK building society, providing savings and mortgages. As with many building societies in the 1990s it became a bank. It continued to provide mortgages for its customers financing itself in the capital markets. In...
by solidum | Jul 15, 2015 | Uncategorized
Prior to 2008 the standard Cat Bond collateral structure was using a total return swap (“TRS”) with the structuring investment bank. The investment bank invested the collateral into securities of their choice, subject to certain constraints, and swapped the interest...
by solidum | Aug 24, 2010 | Uncategorized
PDF Download...