Cascadia II Ltd.

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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.




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