Successor Hurricane Industry Ltd. (Series 3) – Full details:
Another series of notes under Swiss Re’s Successor Hurricane Industry Ltd. SPV securing an additional $50m of U.S. hurricane coverage on an industry loss basis.
Successor Hurricane Industry Ltd. (Series 3)
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Successor Hurricane Industry Ltd. (Series 3) – At a glance:
- Issuer: Successor Hurricane Industry Ltd. (Series 3)
- Cedent / sponsor: Swiss Re
- Placement / structuring agent/s: ?
- Risk modelling / calculation agents etc: ?
- Risks / perils covered: U.S. hurricane
- Size: $50m
- Trigger type: Industry loss index
- Ratings: ?
- Date of issue: Aug 2006
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