Caelus Re VI Ltd


Nationwide’s aggregate rises on winter storms, Caelus cat bond losses possible

The catastrophe bond market looks set to face some additional losses under Caelus Re catastrophe bonds sponsored by US primary insurance giant Nationwide Mutual Insurance Company, as its aggregate risk period losses have risen after February's US winter storms and Texas freeze. Nationwide has notified investors in its outstanding Caelus Re read the full article →

Nationwide secures 44% upsized $490m Caelus Re 2020 cat bond

U.S. primary insurance carrier Nationwide Mutual Insurance Company is set for its largest slice of catastrophe bond backed reinsurance coverage ever, after its latest Caelus Re VI Ltd. (Series 2020-1 & 2020-2) transaction has now priced at a 44% upsized $490 million, we're told. That is very close to the maximum read the full article →

Nationwide’s Caelus Re VI 2020 cat bond could reach $500m in size

The latest catastrophe bond to be sponsored by Nationwide Mutual Insurance Company could turn out to be the U.S. primary insurers largest ever, as the target for the deal has grown with $500 million now seen as the upper-end goal for the Caelus Re VI Ltd. (Series 2020-1 & 2020-2) read the full article →

Nationwide Mutual returns for $340m Caelus Re VI 2020 catastrophe bond

Nationwide Mutual Insurance Company has returned to the catastrophe bond market looking for a $340m or greater source of capital market backed U.S. multi-peril reinsurance protection, issuance, on both a per-occurrence and aggregate basis, with a twin Caelus Re VI Ltd. (Series 2020-1 & 2020-2). This is the insurers first cat read the full article →