Cascadia Ltd.

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Cascadia Ltd. – At a glance:

Issuer: Cascadia Ltd.
Cedent / sponsor: FM Global
Placement / structuring agent/s: Goldman Sachs served as lead manager
Risk modelling / calculation agents etc: ?
Risks / perils covered: U.S. earthquake
Size: $300m
Trigger type: Parametric
Ratings: S&P: 'BB+'
Date of issue: Jun 2005

Cascadia Ltd. – Full details:

Commercial and industrial property insurer FM Global has announced the private placement of a US$300 million catastrophe bond to protect against the consequences of unusual earthquake activity in the Pacific Northwest region of the United States and Canada.

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Cascadia Ltd.

Cascadia Ltd. – At a glance:

Cascadia Ltd. – Full details:

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