East Lane Re VII Ltd

Chubb has now successfully priced the first annual aggregate cyber catastrophe bond issuance in the market’s history, securing the targeted $150 million of reinsurance from its new East Lane Re VII Ltd. (Series 2026-1) transaction at the low-end of guidance, Artemis has been told.

International insurance and reinsurance giant Chubb has now opted to pursue annual aggregate cyber reinsurance from its new East Lane Re VII Ltd. (Series 2026-1) catastrophe bond, which will make this the first aggregate cyber cat bond in the market’s history, Artemis can report.

Chubb is back in the catastrophe bond market seeking more cyber reinsurance from the capital markets, with an initial $150 million target for an East Lane Re VII Ltd. (Series 2026-1) issuance that could become the first cyber cat bond designed to provide annual aggregate cover for its sponsor, Artemis has learned.

Chubb has now successfully secured the 50% upsizing of its first cyber catastrophe bond Artemis has learned, with the East Lane Re VII Ltd. (Series 2024-1) transaction now priced to provide the company $150 million in cyber reinsurance protection.

International re/insurance giant Chubb is aiming to upsize its first cyber catastrophe bond deal by as much as 50%, Artemis has learned, with the East Lane Re VII Ltd. (Series 2024-1) transaction now targeted to provide the company $150 million in cyber reinsurance.

Artemis has learned that a third full 144A cyber catastrophe bond is now in the market and this latest issuance is being sponsored by international insurance giant Chubb, as the company returns to the cat bond market for the first time since 2015, seeking $100 million or more in cyber reinsurance protection from an East […]