Cape Lookout Re Ltd. Series 2022-1

Share

NCIUA to close Cape Lookout Re 2022 cat bond at $330m in size

The North Carolina Insurance Underwriting Association (NCIUA) just missed the revised upper-end target for its new Cape Lookout Re Ltd. (Series 2022-1) catastrophe bond issuance, with the deal eventually pricing to offer the insurance pool $330 million of reinsurance protection. At launch, the NCIUA was seeking $300 million or more in read the full article →

NCIUA lifts target for new Cape Lookout Re cat bond to $350m

The North Carolina Insurance Underwriting Association (NCIUA) has lifted the upper-end target for its new Cape Lookout Re Ltd. (Series 2022-1) catastrophe bond issuance, with the deal now expected to close at up to $350 million in size. At launch, the NCIUA was seeking $300 million or more in collateralized reinsurance read the full article →

NCIUA targets $300m Cape Lookout Re 2022-1 catastrophe bond

The North Carolina Insurance Underwriting Association (NCIUA) has returned to the catastrophe bond market for its first issuance of 2022, seeking $300 million or more in collateralized reinsurance protection from a Cape Lookout Re Ltd. (Series 2022-1) issuance. This is the fourth in the Cape Lookout Re series of catastrophe bonds read the full article →