Bay Haven Ltd. catastrophe bond gets ratings boost
News 17th January 2009In September 2006, Catlin issued a catastrophe bond through SPV Bay Haven Ltd to protect itself against a range of natural catastrophe risks (US hurricanes, US earthquakes, UK and European windstorms, Japanese typhoons and Japanese earthquakes). The $200m deal was structured in two tranches of Class A and Class B notes. Standard & Poor’s has […]
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