Arch Capital Group has now secured the targeted 50% upsize to $150 million of protection from its first retrocession focused property catastrophe bond, as the global multi-peril focused Claveau Re Ltd. (Series 2021-1) cat bond issuance has now been priced.
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Arch Capital Group, the Bermuda headquartered specialty insurance and reinsurance company, is aiming to increase the size of its first retrocession focused property catastrophe bond by as much as half, with the global multi-peril focused Claveau Re Ltd. (Series 2021-1) issuance now targeting up to $150 million of protection for the company.
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Arch Capital Group, the Bermuda headquartered specialty insurance and reinsurance company, is in the capital market for its first ever property catastrophe bond, with an at least $100 million global peak peril focused Claveau Re Ltd. (Series 2021-1) retrocession issuance.
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