A weather cat bond is being pitched to insurance-linked securities (ILS) investors for the first time since the late 1990s, sister publication Trading Risk reported last week
Nephila Capital's fronting partner Allianz Risk Transfer more than doubled its target size for its second cat bond of the year, sister publication Trading Risk reported last week.
Nephila's fronting partner Allianz Risk Transfer has more than doubled its target size for a second Blue Halo Re cat bond issuance to $225mn, sister publication Trading Risk reported.
Second quarter catastrophe losses will only have a small impact on the (re)insurance sector, panellists agreed at the Guernsey ILS Insight event in Zurich on 7 July.
Endurance-owned cat asset manager Blue Capital has estimated that it will incur losses of $5.1mn from catastrophe events in the second quarter, the company said yesterday (14 July).
