Gator Re Ltd Series 2014-1

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Gator Re cat bond matures (finally)

The stricken Gator Re Ltd. catastrophe bond has finally matured and its notes have been delisted, which means any remaining principal will now either have been paid out to the sponsor American Strategic Insurance to cover its losses, or returned to investors.American Strategic was hit by severe thunderstorm claims throughout read the full article →

Gator Re cat bond extended further

The Gator Re Ltd. catastrophe bond transaction has again had its maturity extended even further, we understand, as the time to clarify the full loss and facilitate the pay-out due to sponsor American Strategic Insurance increases.Recently the Gator Re cat bond was extended by a month, with maturity moved forward read the full article →

Gator Re cat bond extension extended again

The extension of maturity for the stricken Gator Re Ltd. catastrophe bond transaction has been extended even further, we understand, as the time to clarify the full loss and pay out due to sponsor American Strategic Insurance increases.It became apparent the Gator Re cat bond notes would pay out a read the full article →

Gator Re notes marked down on broker pricing sheets

The Gator Re Ltd. catastrophe bond notes have been marked down on the secondary market on a number of broker pricing sheets in recent days, as the expectation that the stricken cat bond will cause investor losses became apparent.Artemis recently broke the news that the latest loss report for the read the full article →