TOP TEN CATASTROPHE BOND TRANSACTIONS, 2010

($ millions)

Rank Special purpose vehicle Sponsor Risk amount Peril  Risk location
1 Lodestone Re Ltd. 2010-2 National Union (Chartis) $450.0 Multiple U.S. 
2 Lodestone Re Ltd. National Union (Chartis) 425.0 Multiple U.S. 
3 Residential Re 2010 USAA 405.0 Multiple U.S. 
4 Calypso Capital Limited AXA Global P&C €275.0 Windstorm Europe
5 Merna Re II Ltd. State Farm 350.0 U.S. earthquake U.S. 
6 Johnston Re Ltd. Series 2010-1 NC JUA/IUA (1) 305.0 Hurricane U.S. 
7 Residential Re 2010-II USAA 300.0 Multiple U.S. 
8 Montana Re Ltd. 2010-1 Flagstone Re 210.0 Multiple Multiple
9 Caelus Re II Limited Nationwide 185.0 Multiple U.S. 
10 Foundation Re III Ltd. Hartford Fire Insurance Co. 180.0 Hurricane U.S.

(1) Sponsored through Munich Re.

Source: GC Securities and Guy Carpenter & Company, LLC.