Standard & Poor’s has assigned preliminary ratings to the recent Globe Re sidecar from Hannover Re.
The deals tranches have been rated as below:
Class A – BBB-
Class B – BB
Class C – B
Full details of the transaction are in the Deal Directory.
Standard & Poor’s has assigned preliminary ratings to the recent Globe Re sidecar from Hannover Re.
The deals tranches have been rated as below:
Class A – BBB-
Class B – BB
Class C – B
Full details of the transaction are in the Deal Directory.
Back in April I posted about the feeling among Caribbean disaster management and meteorology officials that the Caribbean Catastrophe Risk...