Cape Lookout Re Ltd

The North Carolina Insurance Underwriting Association (NCIUA) has successfully upsized its latest catastrophe bond transaction by 80%, securing the top-end target for $450 million of named storm reinsurance from the Cape Lookout Re Ltd. (Series 2024-1) issuance, this publication understands.

The North Carolina Insurance Underwriting Association (NCIUA) is looking to significantly upsize its latest catastrophe bond transaction, with now $450 million of named storm reinsurance sought from the Cape Lookout Re Ltd. (Series 2024-1) issuance, Artemis has learned.

The North Carolina Insurance Underwriting Association (NCIUA) has returned to sponsor another catastrophe bond to source more named storm reinsurance protection, seeking $250 million or more in aggregate cover from a Cape Lookout Re Ltd. (Series 2024-1) transaction.

The North Carolina Insurance Underwriting Association (NCIUA) has now secured the 75% upsized target of $350 million in named storm reinsurance protection from its new Cape Lookout Re Ltd. (Series 2023-1) catastrophe bond, that has been priced around 12% below the mid-point of initial guidance.

The North Carolina Insurance Underwriting Association (NCIUA) has raised its target for its latest catastrophe bond, with now $350 million of named storm reinsurance protection sought from the capital markets through this Cape Lookout Re Ltd. (Series 2023-1) transaction.

The North Carolina Insurance Underwriting Association (NCIUA) is back in the catastrophe bond market, seeking $200 million or more in named storm reinsurance protection from a Cape Lookout Re Ltd. (Series 2023-1) transaction.

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.

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.

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.

The North Carolina Insurance Underwriting Association (NCIUA) latest catastrophe bond has now upsized by 150%, with the Cape Lookout Re Ltd. (Series 2021-1) transaction set to provide it $250 million of reinsurance from the capital markets.