Queen City Re Ltd. (Series 2013-1)

Share

American Modern’s Queen City Re catastrophe bond completes

The first catastrophe bond sponsored by American Modern Insurance Group Inc., Queen City Re Ltd. (Series 2013-1), has completed successfully giving it a $75m source of collateralized named storm reinsurance protection backed by capital markets.American Modern Insurance Group is a U.S. insurance subsidiary of the world's largest reinsurance firm Munich read the full article →

Queen City Re cat bond prices at low end of reduced range

Final pricing has been set for American Modern Insurance Group’s first catastrophe bond, Queen City Re Ltd. (Series 2013-1), according to our sources. Pricing declined by 20% during marketing from the mid-point of the initial guidance range.Investors have once again demonstrated strong demand for new catastrophe bond paper, helping Munich read the full article →

Queen City Re cat bond pricing drops to below guidance

Pricing expectations for American Modern Insurance Group's first catastrophe bond, Queen City Re Ltd. (Series 2013-1), have dropped to below the initial price guidance range, as ILS investors again show their demand for new cat bond paper.The Queen City Re cat bond which launched a week ago, is designed to read the full article →

Queen City Re cat bond launched for American Modern Insurance Group

Munich Re's U.S. insurance subsidiary, American Modern Insurance Group Inc., is sponsoring its first catastrophe bond. Queen City Re Ltd. (Series 2013-1) has launched this week to investors and is seeking named storm reinsurance protection for the insurer.Queen City Re Ltd. is a Bermuda domiciled special purpose insurer, established to issue read the full article →