The recent completion of the Galileo Re Ltd. catastrophe bond, which saw demand from investors boost its size by 71% while at the same time pushing down pricing , shows the insurance-linked securities (ILS) markets continued appetite for catastrophe risk, according to Willis Capital Markets & Advisory (WCMA).The Galileo Re read the full article →
The completion yesterday of global specialty property casualty insurer and reinsurer Catlin’s latest catastrophe bond transaction, the $300m Galileo Re Ltd. (Series 2013-1), has taken 2013 catastrophe bond issuance to $6.54 billion, past the total seen in 2012 for the first time.According to the Artemis Deal Directory catastrophe bond and insurance-linked read the full article →
Global specialty property and casualty insurance and reinsurance firm Catlin's latest catastrophe bond transaction, Galileo Re Ltd. (Series 2013-1), has grown in size again as the deal reached final pricing. The cat bond is now $300m in size after investor demand helped it upsize by 71% while marketing.The Galileo Re read the full article →
The Galileo Re Ltd. (Series 2013-1) catastrophe bond which was launched to the ILS investor market a week ago on behalf of global specialty property and casualty insurance and reinsurance firm Catlin has jumped in size by almost 43% and seen its price guidance fall to below the initial range.Update read the full article →
Global specialty property and casualty insurance and reinsurance firm Catlin is returning to the catastrophe bond market in search of capital markets backed reinsurance cover for the first time since 2008 with a new multi-peril cat bond deal, Galileo Re Ltd. (Series 2013-1).Catlin last sponsored a cat bond deal back read the full article →
