Kaith Re


$25m Seaside Re private cat bond issued by Hannover Re vehicle

Yet another private catastrophe bond, or cat bond lite, has been issued through the Kaith Re Ltd. Bermuda domiciled segregated accounts vehicle of German reinsurance firm Hannover Re, a $25 million Seaside Re (Series 2019-42) transaction.The transaction which was listed on the Bermuda Stock Exchange (BSX) yesterday follows $87 million read the full article →

Seaside Re 2017-3 private cat bond maturity extended again

The maturity date has been extended again for the $50 million Seaside Re 2017-3 transaction, which is a private catastrophe bond issued using German reinsurance firm Hannover Re’s segregated accounts vehicle, Kaith Re Ltd., likely to allow for loss development to continue.This $50 million Seaside Re 2017-3 private cat bond read the full article →