Platinum Underwriters complete Topiary Capital catastrophe deal

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Platinum Underwriters Bermuda Ltd. have completed a new catastrophe bond deal utilising a Cayman Islands SPV, Topiary Capital Ltd. The three year deal of $200m of notes provides Platinum Underwriters with second and subsequent event coverage against U.S. hurricane & earthquake, European windstorm and Japanese earthquakes.

Full details of this second-event deal are available in our Deal Directory.

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