Long Point Re III Ltd

Share

Travelers chose cat bond over reinsurance thanks to price in 2018: CFO

U.S. property & casualty insurance giant Travelers took advantage of keen pricing conditions in the ILS and capital markets this year, as the firm upsized its catastrophe bond renewal Long Point Re III  2018-1 to $500 million, while at the same time shrinking one of its traditional reinsurance treaties.At the read the full article →

Travelers new cat bond will offer $500m of reinsurance at keen pricing

The latest catastrophe bond from U.S. property & casualty insurance giant Travelers, Long Point Re III Ltd. (Series 2018-1), is set to reach the increased target size of $500 million thanks to appetite from investors we understand, so will provide the firm with its largest yet source of capital markets backed read the full article →

Travelers aims for $500m Long Point Re III 2018-1 cat bond, as pricing drops

U.S. primary property & casualty insurance giant Travelers has increased its target for the recently launched Long Point Re III Ltd. (Series 2018-1) catastrophe bond transaction, from which the firm is now aiming for up to $500 million of collateralized multi-peril reinsurance protection.This new cat bond is set to replace, read the full article →

Travelers returns with $300m Long Point Re III 2018-1 cat bond

U.S. property & casualty insurance giant Travelers is returning to the capital markets with a new $300 million Long Point Re III Ltd. (Series 2018-1) multi-peril catastrophe bond transaction, the insurers first in three years and a transaction that will renew, replace and extend the reinsurance coverage from its maturing read the full article →

Long Point Re III 2015 cat bond up 50% to $300m, prices at mid-point

The latest catastrophe bond issue from U.S. primary insurer Travelers, Long Point Re III Ltd. (Series 2015-1), has upsized by 50% to reach $300m, while the pricing eventually settled at the mid-point of launch guidance.Long Point Re III 2015-1 is Travelers' fifth catastrophe bond and will provide the insurer with read the full article →

Long Point Re III 2015 cat bond set to upsize, price guidance narrows

U.S. primary insurer Travelers' latest catastrophe bond transaction, Long Point Re III Ltd. (Series 2015-1), is set to upsize to as much as $300m, according to sources, while the price guidance has been narrowed towards the upper end of the range.Travelers latest cat bond, which is its fifth issuance, launched read the full article →

Travelers returns to cat bonds with $200m Long Point Re III 2015

U.S. primary insurer Travelers is back in the catastrophe bond market for the first time in two years with a $200m Long Point Re III Ltd. (Series 2015-1) deal, seeking fully-collateralized reinsurance coverage for multiple U.S. perils.Travelers last cat bond issuance was the $300m Long Point Re III Ltd. (Series 2013-1) read the full article →

Travelers achieves greater flexibility with Long Point Re III 2013-1 catastrophe bond

U.S. primary insurer The Travelers Companies, Inc. has successfully sponsored its fourth catastrophe bond transaction with the recently completed Long Point Re III Ltd. (Series 2013-1) transaction. The second issuance under its Long Point Re III Cayman Islands domiciled SPV, this deal secures Travelers a $300m three-year source of fully-collateralized read the full article →

Long Point Re III 2013-1 catastrophe bond doubles in size, drops in price

Another catastrophe bond has increased in size while being marketed and has also seen its price guidance reduced, following the trend of larger and more keenly priced cat bonds that has been the feature of the 2013 cat bond market so far. The Long Point Re III Ltd. (Series 2013-1) read the full article →

Long Point Re III Ltd. 2013-1 cat bond being marketed for Travelers

U.S. insurance company Travelers is bringing its fourth catastrophe bond to market and the second under its Long Point Re III Cayman Islands domiciled cat bond note issuing entity. Previously Travelers has tapped the cat bond market for reinsurance protection against U.S. hurricane risks in 2007 with Longpoint Re Ltd., read the full article →