Insurance-Linked Securities Report 2008 - Aon
Insurance-Linked Securities Report 2008 - Aon
Insurance-Linked Securities Report 2008 - Aon
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Insurance</strong>-<strong>Linked</strong> <strong>Securities</strong> <strong>2008</strong><br />
SUMMARY OF CATASTROPHE BONDS - 1997 THROUGH JUNE 30, <strong>2008</strong><br />
46<br />
Date Sponsor Issuer Class Territories/ Perils Trigger Issue Size ($000s) MIS S&P Fitch<br />
5-Jul-07<br />
18-Jul-07<br />
State Farm Mutual<br />
Automobile Ins Co<br />
Arrow Capital<br />
Reinsurance<br />
Co, Ltd<br />
20-Jul-07 Swiss Re<br />
15-Oct-07<br />
Japan Railway<br />
East<br />
Merna Reinsurance Ltd. Class A<br />
Class A<br />
(loan)<br />
Class B<br />
Class B<br />
(loan)<br />
Class C<br />
Class C<br />
(loan)<br />
US/Canada (Wind, EQ, ST,<br />
WS, WF)<br />
US/Canada (Wind, EQ, ST,<br />
WS, WF)<br />
US/Canada (Wind, EQ, ST,<br />
WS, WF)<br />
US/Canada (Wind, EQ, ST,<br />
WS, WF)<br />
US/Canada (Wind, EQ, ST,<br />
WS, WF)<br />
US/Canada (Wind, EQ, ST,<br />
WS, WF)<br />
Indemnity $256,000 Aa2 AAA<br />
Indemnity $94,000 Aa2 AAA<br />
Indemnity $647,600 A2 AA+<br />
Indemnity $19,000 A2 AA+<br />
Indemnity $155,000 Baa2 A-<br />
Indemnity $9,000 Baa2 A-<br />
Javelin Re Ltd. Class A Worldwide All Perils Indemnity $94,500 A-<br />
Spinnaker Capital Ltd.<br />
Series 3<br />
Class B Worldwide All Perils Indemnity $30,750 BBB-<br />
US Wind Industry Index $50,000 NR<br />
MIDORI Ltd. Class A JP EQ Parametric $260,000 BB+<br />
7-Nov-07 Allianz SE Blue Fin Ltd. Series 1 Class A EU Wind Parametric Index € 155,000 BB+<br />
17-Nov-07 Catlin<br />
29-Nov-07 SCOR<br />
Newton Re Limited; Series<br />
2007-1<br />
Atlas Reinsurance IV<br />
Limited<br />
Class B EU Wind Parametric Index $65,000 BB+<br />
Class A US EQ Industry Index $87,500 BB+<br />
Class B US Wind Industry Index $137,500 BB+<br />
Class A EU Wind, JP EQ Modeled Loss € 160,000 B<br />
21-Dec-07 Swiss Re GlobeCat Ltd. Series USW Class A-1 US Wind Industry Index $40,000 B3e<br />
Class A-1 US EQ Industry Index $20,000 B1e<br />
Class A-1 Latin America EQ Modeled Loss $25,000 Ba3e<br />
27-Dec-07 Groupama SA Green Valley Ltd. Series 1 Class A France Wind Parametric Index € 200,000 BB+<br />
28-Dec-07 Swiss Re<br />
Successor Hurr Industry<br />
Ltd.<br />
C-VI US Wind Industry Index $30,000 B2 B<br />
D-VI US Wind Industry Index $30,000 B<br />
28-Dec-07 Swiss Re Successor II Ltd.; Series 3 C-III US/EU Wind, US/JP EQ Multiple $50,000<br />
28-Dec-07 Swiss Re Successor II Ltd.; Series 3 E-III US/EU Wind, US/JP EQ Multiple $50,000<br />
31-Dec-07 CEA<br />
31-Dec-07 CEA<br />
21-Feb-08 Catlin<br />
Redwood Capital X Ltd.<br />
Series 1<br />
Redwood Capital X Ltd.<br />
Series 2<br />
Newton Re Ltd. Series<br />
<strong>2008</strong> - 1<br />
Class A US EQ Parametric Index $25,000 Baa3<br />
Class B US EQ Parametric Index $227,700 Ba2<br />
Class C US EQ Parametric Index $50,200 Ba3<br />
Class D US EQ Industry Index $130,500 Ba3<br />
Class E US EQ Industry Index $45,200 B2<br />
Class F US EQ Industry Index $20,000 NR<br />
Class A US/EU/JP Wind, US/JP EQ Indemnity $150,000 BB<br />
14-Mar-08 Munich Re Queen Street Ltd. Series 1 Class A Europe Wind Parametric Index € 70,000 BB+<br />
Class B Europe Wind Parametric Index € 100,000 B
Change language