Bellemeade Re II Ltd. Series 2016-1

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AIG in $298.6m Bellemeade Re II legacy mortgage insurance ILS

Global insurer AIG has secured almost $300m of collateralized reinsurance from capital market investors for the legacy mortgage insurance portfolio of its United Guaranty subsidiary, in a Bellemeade Re II Ltd. (Series 2016-1) insurance-linked securities (ILS) transaction.It's the second mortgage insurance ILS issuance from AIG's United Guaranty, as the insurer read the full article →