Swiss Re Insurance-Linked Fund Management

Xactanalysis Insights and PCS

Eden Re II Ltd

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Munich Re redeems another Eden Re II sidecar tranche

18th December 2017

Global reinsurance giant Munich Re has made a second early redemption of sidecar notes, redeeming the $75.578 million Class A tranche of the Eden Re II Series 2016-1 collateralized sidecar vehicle, which we’re again told is likely due to commutation of underlying retrocession contracts following losses suffered from recent catastrophes.

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