Commonwealth Re Ltd

The Hanover Insurance Group, Inc. has achieved the upsized target for its new Commonwealth Re Ltd. (Series 2025-1) catastrophe bond sponsorship, with $200 million of multi-peril reinsurance limit now secured, while the notes priced at the middle of the lowered guidance range, Artemis understands.

The Hanover Insurance Group, Inc. has raised the target size for its new Commonwealth Re Ltd. (Series 2025-1) catastrophe bond sponsorship, with now up to $200 million of multi-peril reinsurance limit sought, while at the same time the price guidance for the notes has been lowered, Artemis understands.

US primary insurer The Hanover Insurance Group, Inc. has returned to the catastrophe bond market for what will be its third time, but this $150 million Commonwealth Re Ltd. (Series 2025-1) issuance is its first to target multi-peril reinsurance protection, Artemis understands.

The Hanover Insurance Group has now finalised its new Commonwealth Re Ltd. (Series 2023-1) catastrophe bond issuance to secure the 20% upsized target for $150 million of protection, while pricing the notes at the bottom-end of initial guidance.

US primary insurer The Hanover Insurance Group, Inc. has lifted the target for its new Commonwealth Re Ltd. (Series 2023-1) catastrophe bond to $150 million, while at the same time the price guidance range has been narrowed, we understand.

US primary insurer The Hanover Insurance Group, Inc. has returned to the catastrophe bond market for what will be its second time, seeking $125 million or more in US Northeast named storm reinsurance protection with this Commonwealth Re Ltd. (Series 2023-1) issuance.

In another sign of increasing equilibrium in the catastrophe bond market, first time sponsor The Hanover Insurance Group, Inc. has secured its Commonwealth Re Ltd. (Series 2022-1) cat bond at the upsized $150 million target, with pricing finalised at the low-end of initial guidance.

The Hanover Insurance Group, Inc. is already looking to upsize its first ever catastrophe bond, with the Commonwealth Re Ltd. (Series 2022-1) US named storm issuance now targeting $150 million of reinsurance protection for the US primary insurer.

US primary insurer The Hanover Insurance Group, Inc. is out in the market seeking its first ever catastrophe bond, with a $100 million Commonwealth Re Ltd. (Series 2022-1) deal that targets US named storm reinsurance protection for the company.