Caelus Re V Ltd

Share

$300m Caelus Re V 2018 cat bond launched for Nationwide Mutual

Nationwide Mutual is back looking for another slice of multi-peril reinsurance protection with a new catastrophe bond issuance, a $300 million Caelus Re V Ltd. (Series 2018-1) transaction that marks the insurers return at a time when its in-force cat bond coverage is still facing losses. Nationwide Mutual has been sponsoring read the full article →

Caelus cat bond losses expanding as Nationwide’s aggregates grow

A second tranche of U.S. primary insurer Nationwide Mutual Insurance Company's catastrophe bond has now been triggered as its aggregated natural catastrophe losses have eaten further into the capital market backed reinsurance provision that the $375 million Caelus Re V Ltd. (Series 2017-1) catastrophe bond provides. Nationwide's aggregated natural catastrophe losses, read the full article →

Nationwide’s Caelus Re V 2017 cat bond looks set for losses

The $375 million Caelus Re V Ltd. (Series 2017-1) catastrophe bond, which was sponsored by U.S. primary insurer Nationwide Mutual Insurance Company in May and only came on-risk in June, looks set to face a loss as aggregated natural catastrophe claims have almost eaten through the riskiest tranche of notes. Sources read the full article →

Nationwide’s Caelus Re 2017 cat bond grows to $375m as pricing drops

The latest catastrophe bond from Nationwide Mutual Insurance Company is set to increase in size by 25% to $375 million, while at the same time pricing has dropped on the four tranches of the Caelus Re V Ltd. (Series 2017-1) cat bond. When the Caelus Re V 2017 catastrophe bond was read the full article →

Nationwide Mutual seeks $300m Caelus Re V 2017 cat bond

U.S. primary insurer Nationwide Mutual Insurance Company is seeking to sponsor a $300 million Caelus Re V Ltd. (Series 2017-1) catastrophe bond, which will provide it with a new multi-year source of capital market backed catastrophe reinsurance protection. This will be Nationwide Mutual's sixth catastrophe bond issue since it first entered the read the full article →