Education bonds: How issues have modified in 1H 2024
Enjoy complimentary access to top ideas and insights — chosen by our editors. Education issuance in the primary half of 2024 rose 27% year-over-year, increasing to $64.516 billion across 1,646…
Bonds
Modest cat bond allocation can improve 60/40 portfolio returns & risk metrics: Twelve Capital
Twelve Capital has analysed what it could actually mean for a standard 60/40 stocks and bonds investment portfolio when catastrophe bonds are added to the combination, finding even a modest…
Tom Vales joins BAM’s board
Tom Vales, a muni bond electronic trading expert, has joined Construct America Mutual’s board as an independent director. The bond insurer has seven board members, including three independent directors. Vales will…
Why rates, climate and infrastructure needs drive muni bonds
Record bond volume, a deal with climate, more floating-rate debt and broader integration of municipals into fixed-income markets is on the horizon for the general public finance industry. Those are…
Collateralized fronting an important element for us: Steinmann, Hannover Re
For global reinsurance firm Hannover Re, the business of collateralized fronting, where the corporate fronts reinsurance cedents for ILS investors and funds, is seen as an important element of its…
$10B calendar, higher valuations, greet investors
Municipals improved Friday after a volatile week for the asset class, ignoring losses in U.S. Treasuries, while equities closed the week mixed. Investors will see higher yields and ratios together…
Aon reports 13% increase to $6bn in year-to-date cat bond placements
Insurance and reinsurance broker Aon reported today that year-to-date it has seen a 13% increase in catastrophe bond issuance volumes for the deals it has placed, while President Eric Andersen…
Shreveport, Louisiana, bond rankings downgraded by Moody’s
Shreveport, Louisiana, was downgraded by Moody’s Rankings. Adobe Stock Shreveport, Louisiana, was downgraded to Baa2 from Baa1 Wednesday by Moody’s Rankings. The agency maintains a negative outlook on the rating….
$380m implied Helene & Milton cat bond loss keeps pricing in neutral territory: Lane Financial
Mark-to-market pricing implied losses to the catastrophe bond market from hurricanes Helene and Milton are estimated at ~$380 million, at which level actual losses to the cat bond market in…
Houston controller holds investor conference, calls for probe of mayor
Houston Controller Chris Hollins’ investor conference took place Tuesday without the participation of key city officials after Mayor John Whitmore raised “pay-to-play” concerns about corporate sponsorships for the event and…