The Asian Development Bank (ADB) is in the market to issue its first catastrophe bonds with two offerings totalling $150 million of notes, that are designed to…
Postal savings banks are a venerable form of public banks. They were traditionally aimed at providing payment and savings options for the broad public — they were…
Long-term U.S. treasury rates increased this week. The 30-year treasury rate had an increase of 0.02%. The 10-year treasury rate had an increase of 0.05% and is…
Aspen Capital Markets, the third-party, ILS and alternative reinsurance capital management unit that now falls under Sompo after its acquisition of Aspen, grew its assets under management…
In the absence of traffic flowing through the Strait of Hormuz quickly, oil prices will rise a lot. Forecasts of $200/barrel are coming from some analysts, and…
Aon, the global insurance and reinsurance broking group, has expanded its Automated Event Response (AER) service to include US severe convective storms (SCS), further assisting carriers to…
In an earlier article, I did an over-simplified discussion of how a local public bank would interact with municipal bond issuance. There was some ambiguities that I…
A majority of U.S. treasury rates increased for the third consecutive week. The 30-year treasury rate had an increase of 0.06%. The 10-year treasury rate had an…