Four Lakes Re Ltd. Series 2024-1

American Family Mutual Insurance Company (AmFam) has now successfully secured the upsized $275 million in collateralized reinsurance protection it targeted from its latest Four Lakes Re Ltd. (Series 2024-1) cat bond issuance, while the risk spreads were priced at the low-end of reduced guidance.

American Family Mutual Insurance Company (AmFam) has for the second time raised the target size of its latest catastrophe bond, with now $275 million in collateralized reinsurance protection being sought from the Four Lakes Re Ltd. (Series 2024-1) cat bond issuance, Artemis has learned.

American Family Mutual Insurance Company (AmFam) is now looking to upsize its latest catastrophe bond, with the target size increasing from $175 million to now $250 million in protection from the Four Lakes Re Ltd. (Series 2024-1)  cat bond issuance.

American Family Mutual Insurance Company (AmFam) has returned to the catastrophe bond market for now the fifth year in a row, with a target this time to secure $175 million in protection from this Four Lakes Re Ltd. (Series 2024-1)  cat bond issuance, to expand its capital markets backed multi-peril catastrophe reinsurance, Artemis has learned.