Chubb issue East Lane Re III catastrophe securitization

Share

After six months of quiet the catastrophe bond market has sprung to life with two deals in a short period of time. With confidence returning to the market this quarter is looking healthy in the market with investors not seeming too deterred by the financial market turbulence of late. Following on from Scor with their Atlas Re 5 deal, Chubb Group have just placed their third catastrophe bond deal in this series, East Lane Re III Ltd.

The $150m deal provides Chubb’s Federal Insurance Company and other subsidiaries with protection against Florida hurricane exposure to their residential lines business.

More details available in our Deal Directory, we’ll update you further as more details on the transaction emerge.

Print Friendly, PDF & Email

Artemis Newsletters and Email Alerts

Receive a regular weekly email newsletter update containing all the top news stories, deals and event information

  • This field is for validation purposes and should be left unchanged.

Receive alert notifications by email for every article from Artemis as it gets published.

Read previous post:
Zest life insurance securitisation placed on rating watch negative

Fitch Ratings has placed the notes of the £250m Zest transaction on rating watch negative. The Zest transaction securitised an...

Close