France headquartered global reinsurance firm SCOR has returned to London for its latest catastrophe bond, successfully upsizing the multi-peril Atlas Capital UK 2019 PLC (Series 2019-1) transaction to $250 million in the process thanks to strong support from investors.
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The latest catastrophe bond to be sponsored by French reinsurance company SCOR has now been priced at the lower-end of the raised coupon guidance range, at the upsized amount of $250 million.
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The second catastrophe bond to be issued in the UK for sponsoring French reinsurance company SCOR is set to upsize, as the multi-peril Atlas Capital UK 2019 PLC (Series 2019-1) transaction is expected to reach $250 million.
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French global reinsurance player SCOR is back in the market with what will be the firms second catastrophe bond to be domiciled in the United Kingdom, a $175 million multi-peril Atlas Capital UK 2019 PLC (Series 2019-1) transaction.
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