AmFam lifts 4 Lakes Re catastrophe bond goal size to $250m
American Family Mutual Insurance Company (AmFam) is now trying to upsize its latest catastrophe bond, with the goal size increasing from $175 million to now $250 million in protection from…
Bonds
With $10B on tap, bond volume set to interrupt record
Municipal bond yields fell Friday following U.S. Treasuries’ gains after improved jobs data affirmed the Federal Reserve’s expected December rate cut path, while equities were mixed ahead of the close….
Continued, gradual growth expected in cyber ILS market: Darren Pain, Geneva Association
In the course of the Geneva Association’s media call on Global Risks & Insurance, Darren Pain, Director of Cyber, highlighted his expectation for continued growth within the cyber insurance-linked securities…
California’s ESG fund takes aim at state’s wildfire scourge
Massive fires burning in northern California and Oregon in September blanketed San Francisco with smoke. Bloomberg News Wildfire resilience projects became the primary beneficiary of California’s Climate Catalyst Revolving Fund…
Why Smart Investors Give attention to Tax-Equivalent Yield
Among the finest pieces of investment advice could possibly be, “It’s not what you earn, it’s what you retain that matters.” As such, lively tax management is a key piece…
Washtenaw County treasurer Catherine McClary remembered as trailblazer for girls in public finance
Longtime Washtenaw County, Michigan treasurer Catherine McClary, who died Dec. 2, was well-known in Midwest public finance circles for her activism and skill to pilot progressive policies later adopted by…
RenaissanceRe looks set to launch Medici UCITS catastrophe bond fund
RenaissanceRe, the Bermuda based reinsurance company and third-party capital manager, looks set to be the most recent to supply a UCITS insurance-linked securities (ILS) fund, with a fund structure now…
Federal budget battle will key on bond market
“There was a reasonably persistent resistance to embrace fiscal sustainability,” said Jared Bernstein, the chairman of the Council of Economic Advisers at The White House. “The one way that changes is…
RenaissanceRe secures Mona Lisa Re 2025-1 cat bond at upsized $350m goal
RenaissanceRe has successfully priced its latest catastrophe bond and secured the upper-end goal size for coverage from the deal, with the Mona Lisa Re Ltd. (Series 2025-1) issuance now finalised…
Munis firmer amid heavy new-issue slate
Municipals were firmer amid a busy new-issue calendar, as U.S. Treasury yields were barely weaker outside of 5 years and equities were mixed. Muni yields were bumped one to 5…