French reinsurer SCOR has cited the benefits of early issuance as being a key factor behind the successful placement of its latest catastrophe bond, saying this helped them access currently favourable market conditions with the recent $240 million Atlas Capital DAC (Series 2025-1).SCOR returned to the catastrophe bond market in March with its latest Atlas … Read more
The federal Occupational Safety and Health Administration (OSHA) recently cited a tire facility for 12 violations and proposed $288,299 in penalties after a forklift operator was fatally struck by a falling pallet of industrial truck tires. According to OSHA’s citation and press release, the inspectors determined that the three-tier … Read more
K2 Advisors, the hedge fund focused investment management unit of Franklin Templeton, has maintained its overweight view on the catastrophe bond and broader insurance-linked securities (ILS) asset class for the fourth-quarter, citing opportunities it sees in the market as well as the still historically high yields that are available.The investment manager says, on ILS in … Read more