Manatee Re II Ltd. (Series 2018-1)

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Safepoint lifts Manatee Re II 2018 cat bond to $200m, pricing drops

The latest catastrophe bond from U.S. primary insurer Safepoint Insurance Company has increased in size while marketing, as the sponsors multi-peril Manatee Re II Ltd. (Series 2018-1) cat bond has grown to $200 million while pricing for both of its tranches has now been fixed at the bottom of guidance.In read the full article →

Safepoint returns with $165m Manatee Re II 2018-1 cat bond

U.S. primary insurer Safepoint Insurance Company is returning to the catastrophe bond market for what will be the third transaction it has sponsored, seeking an early slice of its June reinsurance renewal with a multi-peril Manatee Re II Ltd. (Series 2018-1) deal that is currently seeking $165 million of coverage.For read the full article →