Kendall Re Ltd. (Series 2018-1)

The first catastrophe bond in over a decade from Bermudian insurance and reinsurance group Aspen Insurance Holdings Limited looks set to increase in size by 50%, with the Kendall Re Ltd. (Series 2018-1) international multi-peril transaction now likely to secure the company $225 million of collateralized reinsurance protection.

Bermudian insurance and reinsurance group Aspen Insurance Holdings Limited is back in the catastrophe bond market for the first time in more than a decade, with a $150 million Kendall Re Ltd. (Series 2018-1) international multi-peril transaction.