Brookfield Corporation, the alternative investment manager and multinational from Canada, has now finalised its debut $100 million Aragonite Re Ltd. (Series 2024-1) catastrophe bond, securing the capital markets backed property insurance coverage priced below the initial guidance.
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The pricing for Canadian alternative investment manager and multinational Brookfield Corporation’s first catastrophe bond has been updated and lowered again, with the company now aiming to secure the $100 million Aragonite Re Ltd. (Series 2024-1) deal priced below the initial guidance.
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Brookfield Corporation, the alternative investment manager and multinational from Canada, is now aiming to secure its debut catastrophe bond at lower pricing, with the still $100 million Aragonite Re Ltd. (Series 2024-1) deal seeing its risk interest spread guidance reduced.
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Brookfield Corporation, a Canadian multinational that is one of the largest alternative investment management companies, is looking to the catastrophe bond market and sponsoring a $100 million Aragonite Re Ltd. (Series 2024-1) deal, to provide named storm and earthquake insurance protection for its portfolios of property investments.
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