As a leader in Insurance-Linked Securities (ILS), Swiss Re is committed to the development of a market for liquid, transparent and tradable insurance linked risk products. We leverage our re/insurance industry and capital markets experience for superior deal execution.
The table below contains links to news releases of ILS structured by Swiss Re Capital Markets for our clients and for Swiss Re.
All securities activity is performed by appropriately licensed Swiss Re affiliates. Please visit Swiss Re Capital Markets to find out more about ILS, including a publication on the fundamentals of insurance-linked securities.
New York - Swiss Re acts as joint book runner on the Vecta I transaction
Swiss Re Capital Markets has participated in the successful placement of CAD 120 million of notes issued by Vecta I Ltd. (“Vecta”), marking the first securitization of Canadian life insurance embedded value. The transaction is sponsored by Aurigen Reinsurance Ltd. ("ARL") and covers a portfolio of policies reinsured by ARL prior to 31 December, 2010.
Zurich - Swiss Re obtains USD 130 million in natural catastrophe protection
Swiss Re has obtained a further USD 130 million in protection through the Successor X Ltd. ("Successor X") catastrophe bond programme covering North Atlantic hurricane and European windstorm. The transaction marks the fifth time that Swiss Re has used the Successor X programme to transfer risks into the capital markets.
Zurich - Insurance-linked securities market poised for continued growth
15 years after its inception, the market for insurance-linked securities (ILS) is poised for continued growth as re/insurers, governments and corporations continue to access capital market solutions to finance growth, manage their capital and transfer risks related to natural catastrophes and other extreme events, according to Swiss Re's latest publication.
Zurich - Swiss Re obtains USD 305m in natcat protection
Swiss Re has obtained another USD 305 million in protection through the Successor X Ltd. ("Successor X") catastrophe bond programme, covering North Atlantic hurricane and California earthquake risks. The transaction is the fourth time that Swiss Re has used the Successor X programme to transfer specific risks into the capital markets, freeing up capacity to allow the company to take on more risks from clients.
Zurich - Swiss Re places EUR 75 m of French windstorm risk through Green Fields
Swiss Re Capital Markets has successfully structured and placed EUR 75 million of notes issued by Green Fields Capital Limited (“Green Fields”) covering French windstorm events. Green Fields is a newly established Irish special purpose company incorporated with limited liability.
Zurich - Swiss Re obtains USD 170m in protection through Successor X cat bond
Swiss Re has obtained another USD 170 million in protection through the Successor X Ltd. catastrophe bond programme, covering Australia earthquake, North Atlantic hurricane and California earthquake risks. The combination of Australia earthquake risk with US peak natural catastrophe risks is a unique structure that provides additional diversification to the ILS market.
The Risk Dialogue Magazine is a newsletter exploring future risk topics, featuring multimedia articles from the Swiss Re Institute's events and insights from our global network of experts.
Our sigma publication series provides comprehensive information on the international insurance markets and analyses of economic trends and strategic issues in re/insurance and financial services.
Swiss Re Publications
Our publications share our expertise on issues of concern to our clients, the re/insurance industry and society - from food, health, longevity and financial security to managing climate and natural disaster risk.