Safepoint’s new Manatee Re II cat bond issuance cancelled
Our sources have told us that the new Manatee Re II Ltd. (Series 2022-1) catastrophe bond that was designed to secure U.S. primary insurer Safepoint Insurance Company a $125 million or larger source of named storm reinsurance protection from the capital markets now won't be issued. Safepoint Insurance Company returned to read the full article →
Safepoint returns for $125m Manatee Re II named storm cat bond
U.S. primary insurer Safepoint Insurance Company has returned to the catastrophe bond market in search of $125 million or more in named storm reinsurance protection across its key US states, with a Manatee Re II Ltd. (Series 2022-1) cat bond for which it has returned to Bermuda to issue. This will read the full article →