Cascadia II Ltd.
The Artemis Catastrophe Bond and Insurance-linked Securities Deal Directory aims to provide a one-stop resource for information on every cat bond and ILS transaction we hold information on. The content of this Deal Directory is provided as is and there will be some omissions. Help us to keep these cat bond and ILS transaction summaries up to date by contacting us if you see an error or omission that you can correct.
Cascadia II Ltd. - At a glance:
- Issuer / SPV: Cascadia II Ltd.
- Cedent / Sponsor: FM Global
- Placement / structuring agent/s: ?
- Risk modelling / calculation agents etc: EQECAT
- Risks / Perils covered: U.S. earthquake
- Size: $300m
- Trigger type: Parametric
- Ratings: S&P: 'BB+'
- Date of issue: Aug 2006
Cascadia II Ltd. - Full details
This US$300 million catastrophe bond protects against the consequences of unusual earthquake activity in the Pacific Northwest region of the United States and Canada.
The Artemis Catastrophe Bond & Insurance-Linked Securities Deal Directory is copyright © Steve Evans Ltd. Reproduction or publication without permission is not permitted. Use of this information within a commercial product, or for profit, without a license is strictly prohibited. Contact us if you would like to use this content or to discuss licensing.