TOP TEN CATASTROPHE BOND TRANSACTIONS, 2008

($ millions)

Rank Special purpose vehicle Sponsor Risk amount  Peril Risk location
1 Residential Re 2008 Ltd. USAA $350.0  Multiple U.S.
2 Muteki Ltd. Zenkyoren (1) 300.0  Earthquake Japan
3 Queen Street Ltd.  Munich Re 265.2    Windstorm Europe
4 Willow Re Allstate 250.0  Hurricane Texas
5 Caelus Re Limited Nationwide 250.0  Multiple U.S. 
6 Mangrove Ltd. Homewise Insurance Company 210.0  Hurricane Florida
7 East Lane Re II Ltd.  Chubb 200.0  Multiple U.S. 
8 Topiary Capital Ltd. Platinum Underwriters 200.0  Multiple U.S./Europe/Japan
9 Nelson Re Glacier Re 180.0  Multiple U.S./Europe
10 Newton Re Ltd. Catlin  150.0  Multiple U.S./Europe/Japan

(1) Sponsored through Munich Re. 
 
Source: Guy Carpenter: GC Securities.