Swiss Re Insurance-Linked Fund Management

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Casablanca Re Pte. Ltd. Series 2020-1

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Avatar’s new Casablanca Re cat bond sees 16%-18% price hike

2nd June 2020

Guide pricing for Avatar Property and Casualty Insurance Company’s new $65 million Casablanca Re Pte. Ltd. (Series 2020-1) catastrophe bond issuance has been hiked by 16%-18%, as insurance-linked securities (ILS) investors continue to demonstrate their requirement for higher returns and cat bond rates reflect the hardening Florida reinsurance market.

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