Aquila Re I Ltd. Series 2024-1

U.S. primary insurer Nationwide Mutual Insurance Company has now finalised and priced its latest catastrophe bond, securing the 50% upsize to $225 million in multi-peril reinsurance from the Aquila Re I Ltd. (Series 2024-1)  transaction, with the notes priced below the initial guidance.

U.S. primary insurer Nationwide Mutual Insurance Company has raised the target for its latest catastrophe bond, with now up to $225 million in multi-peril reinsurance sought from this new Aquila Re I Ltd. (Series 2024-1)  transaction, Artemis has learned.

U.S. primary insurer Nationwide Mutual Insurance Company is targeting at least $150 million in multi-peril reinsurance protection from the catastrophe bond market with a new Aquila Re I Ltd. (Series 2024-1)  transaction, its second to use this special purpose insurer, Artemis has learned.