S&P assign ratings to Globe Re sidecar


Standard & Poor’s has assigned preliminary ratings to the recent Globe Re sidecar from Hannover Re.

The deals tranches have been rated as below:

Class A – BBB-
Class B – BB
Class C – B

Full details of the transaction are in the Deal Directory.

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We’ve tracked more than 650 cat bonds and related ILS transactions since 1996, all of which are included in our extensive Deal Directory.

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