Alpha Terra Validus III

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Alpha Terra Validus III bond shows ILS established in Latin America

The successful completion of the third private catastrophe bond transaction between AIG owned fund manager AlphaCat Managers, Ltd. and reinsurer Terra Brasis Resseguros S.A. demonstrates that ILS has become established in the Latin American region, the pair said.The two firms successfully completed the third issuance of the $5 million private read the full article →

Terra Brasis Re and AlphaCat cat bond renewed again for 2019

There has been another successful renewal of the private catastrophe bond sponsored by Latin American reinsurance firm Terra Brasis Re, which is underwritten and invested in by AlphaCat Managers, with a $5 million Alpha Terra Validus III transaction issued for 2019.This is now the third issuance of an Alpha Terra read the full article →