Tokio Marine redeems all $200m of its Kizuna Re II 2018 cat bond
22nd April 2021A fortnight ago we reported that Japanese insurance group Tokio Marine was set to redeem a $150 million tranche of its Kizuna Re II Ltd. (Series 2018-1) Japan earthquake focused catastrophe bond, as the notes had not faced any loss events in the three years since their issue.
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