Successor I Ltd.

The Artemis Catastrophe Bond and Insurance-linked Securities Deal Directory aims to provide a one-stop resource for information on every cat bond and ILS transaction we hold information on. The content of this Deal Directory is provided as is and there will be some omissions. Help us to keep these cat bond and ILS transaction summaries up to date by contacting us if you see an error or omission that you can correct.

Successor I Ltd. – At a glance:

Issuer: Successor I Ltd.
Cedent / sponsor: Swiss Re
Placement / structuring agent/s: ?
Risk modelling / calculation agents etc: ?
Risks / perils covered: U.S. hurricane, European windstorm, California earthquake, Japan earthquake
Size: $28.5m
Trigger type: Multiple trigger type
Ratings: ?
Date of issue: Dec 2006

Successor I Ltd. – Full details:

This deal saw Swiss Re roll out their Successor I Ltd. catastrophe bond SPV to issue two tranches of notes exposed to multiple perils.

$4m of Series 1 Class B notes have exposure to all the perils listed above.

$24.5m of Series 2 Class B notes have exposure to all the perils above.

Register today for ILS Asia 2023, our next insurance-linked securities (ILS) market conference. Held in Singapore, July 13th, 2023.

Get a ticket soon to ensure you can attend. Secure your place at the event here!

« Go back to the Catastrophe Bond Deal Directory

Help us keep this valuable resource up to date. If you have information on a catastrophe bond or insurance-linked security deal we have not covered or can see something that we should change, please contact us to let us know.

The Artemis Catastrophe Bond & Insurance-Linked Securities Deal Directory is copyright © Steve Evans Ltd. Reproduction or publication without permission is not permitted. Use of this information within a commercial product, or for profit, without a license is strictly prohibited. Contact us if you would like to use this content or to discuss licensing.

Successor I Ltd.

Successor I Ltd. – At a glance:

Successor I Ltd. – Full details:

Related