Standard & Poor’s has announced that both the Atlas Reinsurance III and Atlas Reinsurance IV catastrophe bonds have not had any change made to their ratings following a reset which occurred on the 9th February.
Scor, the ceding reinsurer in both deals, elected to update the notional portfolios used to model the attachment and exhaustion points for both transactions.
Full details of both of these catastrophe bond deals are available on the Artemis Deal Directory.
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