Global insurance and reinsurance company Everest Re is set for a successful new catastrophe bond issuance, with the Kilimanjaro III Re Ltd. (Series 2022-1) transaction now having priced at the upsized $300 million, with a coupon fixed at the mid-point of initial guidance.
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Global insurance and reinsurance company Everest Re is aiming to upsize its latest catastrophe bond issuance, with the new Kilimanjaro III Re Ltd. (Series 2022-1) transaction now targeting $300 million in industry loss based aggregate retrocession for the company.
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Global insurance and reinsurance company Everest Re is back in the catastrophe bond market, seeking $250 million or more in industry loss based aggregate retrocession, through a new Kilimanjaro III Re Ltd. (Series 2022-1) transaction.
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