Aozora Re Ltd. (Series 2017-1)


Sanders & Aozora cat bonds both price below initial guidance

In a further demonstration of catastrophe bond and insurance-linked investor demand, both the $375 million Sanders Re Ltd. (Series 2017-1) from Allstate and the $480 million Aozora Re Ltd. (Series 2017-1) cat bond from Sompo have priced at levels below their initial guidance.Continuing the trend seen since last year, cat read the full article →

Aozora Re cat bond grows again to $480m for Sompo

The Aozora Re Ltd. (Series 2017-1) catastrophe bond issuance, sponsored by Sompo Japan Nipponkoa (SJNK), has increased in size again with the target raised to $480 million and at the same time the pricing lowered to the bottom of already reduced guidance.The 2017 Aozora Re cat bond issue was first read the full article →

Sompo’s new Aozora Re cat bond grows to $400m, price drops

Sompo Japan Nipponkoa's (SJNK) latest catastrophe bond issuance, the Japan typhoon exposed Aozora Re Ltd. (Series 2017-1), has increased in size while marketing by 48%, to now offer ILS investors a $400 million tranche of cat bond notes we're told.The Japanese primary insurance group returned to the catastrophe bond market read the full article →

SJNK seeks $270m Aozora Re 2017 Japan typhoon cat bond

Japanese primary insurance giant Sompo Japan Nipponkoa Insurance is returning to the capital markets to sponsor a $270 million Aozora Re Ltd. (Series 2017-1) catastrophe bond, to secure additional collateralized reinsurance protection for Japanese typhoon risks.The transaction, which sources said launched to ILS investors on Friday, sees Sompo Japan Nipponkoa read the full article →