Bonanza Re Ltd Series 2020-1

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American Strategic’s Bonanza Re cat bond doubles in size at top-end pricing

The second catastrophe bond issuance to be sponsored by American Strategic Insurance Group has received a favourable response from investors, as the Bonanza Re Ltd. (Series 2020-1) transaction has doubled in size to reach $200 million.At the same time the pricing for the now $200 million of reinsurance protection that read the full article →

American Strategic returns for its second Bonanza Re cat bond

American Strategic Insurance Group has returned to the catastrophe bond market for its second transaction under the Bonanza Re program, with a $100 million Bonanza Re Ltd. (Series 2020-1) transaction.American Strategic Insurance Group, a Progressive subsidiary, is seeking an expanded source of collateralised reinsurance from the capital markets with its read the full article →