Caelus Re 2013 Limited

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Caelus Re 2013-2 cat bond settles and lists on CSX

U.S. mutual insurer Nationwide Mutual's second catastrophe bond issuance of the year settled on Thursday of last week. The transaction, Caelus Re 2013 Ltd. (Series 2013-2), grew in size by 42% during marketing of the deal to settle at $320m, bringing the total reinsurance protection that the insurer has secured read the full article →

Caelus Re 2013-2 catastrophe bond grows to $320m

The second Caelus Re 2013 catastrophe bond issuance from U.S. insurer Nationwide Mutual has grown in size to $320m before close, according to our sources. The transaction, Caelus Re 2013 Ltd. (Series 2013-2), has been marketed quickly for Nationwide Mutual, having only first come to light a week ago. The read the full article →