Bellemeade Re Ltd. Series 2015-1

AIG sees its recently completed near-$300m Bellemeade Re Ltd. mortgage insurance-linked ILS transaction as part of a wider strategy to expand the insurance-linked securities market, a goal which helps the insurer achieve a more efficient and flexible capital structure.

American International Group (AIG) has completed a unique (in recent times) insurance-linked securities (ILS) transaction named Bellemeade Re Ltd., which transfers some of its mortgage insurance portfolio risks to capital market investors.