Bonanza Re Ltd Series 2016-1


Bonanza Re cat bond priced at low-end of reduced guidance

American Strategic Insurance Group's second catastrophe bond issuance, the currently in the market $200 million Bonanza Re Ltd. (Series 2016-1), has now been priced at the low-end of the already reduced guidance, once again reflecting the strong appetite investors have for new cat bond issues.Not only does this pricing reflect read the full article →

Bonanza Re cat bond pricing drops below guidance

Coupon price guidance for the $200 million Bonanza Re Ltd. (Series 2016-1) catastrophe bond issuance, that is being marketed to investors on behalf of sponsor and ceding insurer American Strategic Insurance Group, has dropped to below the initial range once again reflecting strong investor demand.The Bonanza Re 2016-1 cat bond read the full article →