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Maturity extended for Hannover Re’s $50m Seaside Re 2018-2 private cat bond

A second private catastrophe bond that was issued by German reinsurance firm Hannover Re’s segregated accounts vehicle Kaith Re Ltd. has had its maturity extended.The $50 million Seaside Re (Series 2018-2) private cat bond was issued in January 2018 and provided a year's worth of coverage to an unknown ceding read the full article →

Hannover Re brings $40m more Seaside Re cat bond lites to market

Hannover Re has continued its prolific level of private catastrophe bond activity around the reinsurance renewals with the completion and issuance of another two Seaside Re cat bond lites amounting to $40 million in the first week of January.Prior to these two new Seaside Re cat bonds, Hannover Re had read the full article →

$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 →

Hannover Re facilitates another $60m of Seaside Re private cat bonds

Four more Seaside Re private catastrophe bonds, or cat bond lites, have been issued with the help of global reinsurance firm Hannover Re, resulting in $60 million of new insurance-linked notes brought to investors through the reinsurers' Kaith Re Ltd. Bermuda domiciled segregated accounts vehicle.Just last week we detailed $27 read the full article →

Hannover Re facilitates two Seaside Re private cat bonds worth $27m

Global reinsurance firm Hannover Re has successfully assisted a client by facilitating the issuance of two new Seaside Re private catastrophe bonds through its Kaith Re Ltd. Bermuda domiciled segregated accounts vehicle, bringing $27 million of U.S. property catastrophe risks to ILS investors.The transactions are a $7 million Seaside Re read the full article →

Hannover Re’s at-risk $50m Seaside Re 2017-3 cat bond extended again

The $50 million Seaside Re 2017-3 private catastrophe bond transaction, that was issued by German reinsurance firm Hannover Re’s segregated accounts vehicle, Kaith Re Ltd. on behalf of a client, has had its maturity date extended again as uncertainty over the impact of 2017 losses continues.The private cat bond transaction read the full article →

Further extension for at-risk $50m Seaside Re 2017-3 private cat bond

There has been a further extension to the maturity date for the $50 million Seaside Re 2017-3 transaction, a private catastrophe bond issued by German reinsurance firm Hannover Re’s segregated accounts vehicle, Kaith Re Ltd., suggesting it remains at-risk of losses from the 2017 hurricanes and catastrophes.The further maturity extension 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 →

$50m Seaside Re 2017-3 private cat bond maturity extended

A private catastrophe bond issued through German reinsurance firm Hannover Re's segregated accounts vehicle, Kaith Re Ltd. has had its maturity extended. The $50 million Seaside Re 2017-3 cat bond was due to mature this week, but maturity for the full tranche has been pushed to February 8th, suggesting it read the full article →

$50m Seaside Re 2018-2 private cat bond issued by Kaith Re

A third private catastrophe bond transaction has now been issued through German reinsurance firm Hannover Re's Kaith Re Ltd. Bermuda domiciled segregated accounts vehicle in December, with a $50 million Seaside Re (Series 2018-2) offering, exposed to U.S. property catastrophe risks.This $50 million Seaside Re (Series 2018-2) private catastrophe bond, read the full article →