Hannover Re’s LI Re deal sees it acting as private cat bond facilitator

The recent $10.37m LI Re (Series 2014-1) securitization of a segregated cell of reinsurance company Hannover Re's Bermuda segregated accounts insurer Kaith Re Ltd., was a property catastrophe insurance-linked security (or catastrophe bond) it transpires. When we wrote about the LI Re deal just over a week ago, we suggested that it read the full article →

Hannover Re in LI Re retrocession securitization using Kaith Re vehicle

German reinsurance firm Hannover Re has used its Bermuda domiciled segregated accounts company Kaith Re Ltd., which acts as a type of collateralized quota share sidecar for the reinsurer, to issue a new $10.37m securitization named LI Re (Series 2014-1). Hannover Re's Kaith Re vehicle has typically been used for quota read the full article →