Swiss Re Insurance-Linked Fund Management

Original Risk: A Society for Change Agents

Your search for “"foundation re iii"”

News & Analysis Results

Foundation Re III Ltd. Series 2011-1 rated by S&P

News 19th February 2011

Hartford Fire Insurance Co’s recently closed catastrophe bond issued by their Cayman based SPV Foundation re III Ltd. has received its rating from Standard & Poor’s. The $135m of catastrophe bond notes provide Hartford and certain subsidiaries with four years of cover against U.S. hurricanes on a per-occurrence basis.

Read the full article

Foundation Re III Ltd. Series 2011-1 catastrophe bond being marketed

News 10th February 2011

The Hartford is once again returning to the catastrophe bond market with its latest issuance in the Foundation Re series of deals. Active in cat bond issuance since 2004 when it issued its first Foundation Re transaction, The Hartford has become a regular issuer of insurance-linked securities to provide it with multi-peril reinsurance protection. This […]

Read the full article

Foundation Re III Ltd. cat bond upsized to $180m

News 24th January 2010

The Hartford’s upcoming catastrophe bond, Foundation Re III Ltd., has been upsized to $180m during the marketing phase. The notes have been well received by investors we hear and the Hartford is taking advantage of this to raise the deal from its initial size of $100m. Full details on Foundation Re III Ltd. are available […]

Read the full article

Hartford set to launch $100m Foundation Re III Ltd. catastrophe bond

News 13th January 2010

The Hartford Fire Insurance Company is getting prepared to launch a $100m catastrophe bond through its Foundation SPV based in the Cayman Islands. Foundation Re III Ltd. is currently being marketed at a preliminary amount of $100m as a transaction designed to provide the Hartford with reinsurance on a per-occurrence basis over a four year […]

Read the full article

Hartford CEO says Sandy losses may hit their reinsurance coverage

News 5th December 2012

Another initial loss estimate from one of the larger U.S. primary insurers for damage caused by hurricane Sandy has emerged after the CEO of Hartford Financial Services Group suggested that its losses could reach $350m, which is the point at which their reinsurance coverage is triggered. The Hartford is a smaller insurer than others whose […]

Read the full article