shore re ltd

Share

Shore Re Ltd. catastrophe bond providing protection to Massachusetts completes

Both Munich Re and GC Securities have announced the completion of the expected Shore Re Ltd. windstorm catastrophe bond which they have been assisting the Massachusetts Property Insurance Underwriting Association (MPIUA) with.The transaction was originally (as we wrote here) supposed to consist of two tranches of cover but it actually read the full article →

Munich Re to issue $100m Shore Re Ltd. cat bond on behalf of Massachusetts wind pool

Munich Re has established a new Caymans Island SPV called Shore Re Ltd. which will be used to issue a $100m catastrophe bond on behalf of a Massachusetts state wind insurance pool. The Massachusetts Property Insurance Underwriting Association (MPIUA) has been reinsured by Munich Re America for a portion of read the full article →