Hexagon IV Re Ltd

Covéa Group, the French mutual insurer, has now successfully priced its new Hexagon IV Re Ltd. (Series 2025-1) catastrophe bond issuance, securing the upsized target of €250 million in fully-collateralized reinsurance protection, while both tranches of notes were eventually priced at the bottom end of reduced guidance, Artemis has learned.

Covéa Group, the French mutual insurer, has now lifted the target size for its new Hexagon IV Re Ltd. (Series 2025-1) catastrophe bond issuance to €250 million in fully-collateralized reinsurance protection, while at the same time the price guidance for each of the two tranches of notes on offer has been lowered for a second […]

Covéa Group, the French mutual insurer, continues to target €200 million in fully-collateralized reinsurance protection with its new Hexagon IV Re Ltd. (Series 2025-1) catastrophe bond issuance, but the price guidance for each of the two tranches of notes on offer has now been lowered, Artemis understands.

Covéa Group, the French mutual insurer, has returned to the catastrophe bond market for its fifth cat bond deal, seeking €200 million or greater in fully-collateralized reinsurance protection with this Hexagon IV Re Ltd. (Series 2025-1) issuance targeting expanded coverage in both occurrence and aggregate formats, Artemis understands.

French mutual insurer Covéa Group has now finalised its new Hexagon IV Re Ltd. (Series 2023-1) catastrophe bond at the upsized target for €145 million in collateralized windstorm reinsurance, while the pricing settled at the raised levels we had previously reported, we have learned.

French mutual insurer Covéa Group has lifted the target size for its latest catastrophe bond, now seeking €145 million in collateralized windstorm reinsurance from this Hexagon IV Re Ltd. (Series 2023-1) issuance, but the pricing has risen, most significantly for the riskier tranche of notes that are on offer.

French mutual insurer Covéa Group is back in the catastrophe bond market with its fourth catastrophe bond deal, seeking €100 million or greater in fully-collateralized windstorm reinsurance protection from the capital markets with this Hexagon IV Re Ltd. (Series 2023-1) issuance.