Bridge Street Re Ltd

QBE Insurance Group’s sponsorship of its largest catastrophe bond sponsorship so far, the $400 million Bridge Street Re Ltd. (Series 2025-2) issuance, is set to diversify the firm’s capital providers while also further enhancing the company’s capital management strategy, according to Chris Killourhy, incoming Group Chief Financial Officer.

QBE Insurance Group, the Australia headquartered global insurance and reinsurance company, has now successfully priced its latest catastrophe bond to secure the one-third upsized $400 million of international peak peril reinsurance from the Bridge Street Re Ltd. (Series 2025-2) issuance, Artemis can report.

QBE Insurance Group, the Australia headquartered global insurance and reinsurance company, is now aiming to upsize its latest catastrophe bond sponsorship by one-third to secure $400 million of international peak peril reinsurance from the Bridge Street Re Ltd. (Series 2025-2) issuance, Artemis understand.

QBE Insurance Group, the Australia headquartered global insurance and reinsurance company, is back in the catastrophe bond market, seeking $300 million or more of international peak peril reinsurance from a Bridge Street Re Ltd. (Series 2025-2) issuance, Artemis has learned.

Having recently secured $250 million of retrocessional reinsurance protection from its first catastrophe bond sponsorship since 2013, QBE executives have now said that the Bridge Street Re Ltd. (Series 2025-1) issuance is an “important enabler” and builds on the launch of its recent Bermudian balance-sheet entities.

QBE, the Australia headquartered global insurance and reinsurance group, has now secured its targeted $250 million of retrocessional protection from its first catastrophe bond sponsorship since 2013, as the Bridge Street Re Ltd. (Series 2025-1) issuance has now been priced roughly 14% below the mid-point of initial guidance, we are told.

QBE, the Australia headquartered global insurance and reinsurance group, is now targeting reduced pricing for its first catastrophe bond sponsorship since 2013, with the spread guidance now lowered for the $250 million Bridge Street Re Ltd. (Series 2025-1) issuance, we understand.

QBE Insurance Group, the Australia headquartered global insurance and reinsurance company, is back in the catastrophe bond market for the first time since 2013, with a target to secure $250 million or more in retrocession from a Bridge Street Re Ltd. (Series 2025-1) issuance, Artemis has learned.