First Secondary Trade on the ILSBlockchain

*** 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...

Solidum Creates First Security on a Blockchain

*** 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...

A Wolf in Sheep’s Clothing

Today investors in certain ILS structures are cosily told about the risks that they will assume – non-correlated to the capital markets, well selected, well modelled and part of a well-diversified portfolio. Whereas it is doubtlessly explained that events can and...

Multicat Mexico C

Solidum has again profited from trading in distressed Cat Bonds, this time it was the Multicat Mexico C tranche. Through superior and timelier knowledge Solidum was able to purchase a few million of the notes at 20 cents for them to increase in value to close to 50...

The ILS market 1.7.2015 – a snapshot

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...