Atlas Capital DAC

Global reinsurance group SCOR has slashed the price guidance for its new Atlas Capital DAC (Series 2023-1) multi-peril retrocession focused catastrophe bond issuance, with updated spread guidance indicating a roughly -11.5% fall.

France headquartered global reinsurance company SCOR has returned to the catastrophe bond market to boost its retrocession arrangements, targeting at least $75 million of multi-peril protection from an Atlas Capital DAC (Series 2023-1) issuance.