Your search for “"Residential Re 2009"”

News & Analysis Results

S&P rates Residential Re 2009 catastrophe bond notes

News 12th May 2009

Standard & Poor’s have rated the notes of USAA’s planned catastrophe bond, Residential Re 2009. The tranches of the $150m deal, split into three of $50m each, have been rated ‘BB-‘, ‘B-‘ and ‘BB-‘ respectively. Further details of this deal have come to light through the S&P presale report. The deal will cover USAA and […]

read the full article →

USAA marketing $150m Residential Re 2009 cat bond

News 7th May 2009

USAA, who specialise in providing insurance to those in the U.S. military and long time sponsor of catastrophe bonds, is returning to the market once again and is currently marketing it’s 13th issuance in the Residential Re series.  Residential Reinsurance Ltd is their Cayman Islands based special purpose vehicle, it issued it’s first cat bond […]

read the full article →