Market Re Ltd. Series 2016-3

Following the completion of the Market Re Ltd. (Series 2016-5) catastrophe bond, Jardine Lloyd Thompson Capital Markets (JLTCM) expects to see further innovation around weather bonds, highlighting the willingness of the ILS market to assume this risk.

Jardine Lloyd Thompson Capital Markets (JLTCM) ILS structuring and issuance team has successfully closed the ground-breaking temperature-linked weather catastrophe bond Market Re Ltd. (Series 2016-5), securing $30.75m of coverage against European winter temperature extremes for the sponsor.

Jardine Lloyd Thompson Capital Markets (JLTCM) ILS structuring and issuance team has completed another privately placed catastrophe bond transaction, a $75m Market Re Ltd. (Series 2016-3) transaction for a U.S. sponsor.