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Record new Cat bond, ILS issuance in 2016 spurs highest-ever outstanding market size:

January 3, 2017 by Canadian Underwriter

Catastrophe bonds and similarly structured insurance-linked securities (ILS) deals in 2016 propelled the market to record levels, with the approximately US$7 billion in new issuance resulting in an outstanding market size of US$26.82 billion at year-end, notes the latest edition

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A.M. Best releases methodology publication on insurance-linked securities

August 18, 2016 by Canadian Underwriter

Oldwick, N.J.-based ratings firm A.M. Best Company has announced the publication of its new Best’s Insurance-Linked Securities & Structures Methodology (BILSM). The publication follows a public comment period that began on May 16 and closed on June 16, A.M. Best

News CatastrophesInsuranceMarkets / CoveragesReinsurance

“Entire new sponsors” will enter insurance linked securities market: Swiss Re

August 5, 2016 by Canadian Underwriter

The total value of outstanding insurance-linked securities issuance dropped from $24 billion to $22.3 billion between Jan. 1 and June 30, Swiss Re Capital Markets Corp. said in a report released Thursday, observing that issuance “came to a screeching halt”

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Sponsors completed two cat bonds with Canadian coverage in Q1 2016: PCS

April 6, 2016 by Canadian Underwriter

Sponsors completed two catastrophe bonds with coverage for Canada in the first quarter of 2016 – the same two sponsors that did so in the first quarter of 2015, according to Property Claims Services’ (PCS) Q1 2016 cat bond report.