Manatee Re Ltd. (Series 2015-1)


Safepoint’s Manatee Re 2015-1 grows to $100m, prices at top end

Once again the market is showing its position on price, as Florida takeout insurer Safepoint Insurance Company's first catastrophe bond Manatee Re Ltd. (Series 2015-1) prices at the top end of guidance at an increased size of $100m. The cat bond market has shown consistent signs over the last six months read the full article →

Safepoint sponsoring first cat bond, $75m Manatee Re 2015-1

Florida takeout (or depopulation) insurer Safepoint Insurance Company is entering the catastrophe bond market for the first time to sponsor Manatee Re Ltd. (Series 2015-1), a $75m Florida named storm cat bond. Safepoint is not the first of the Florida start-up insurance companies to look to the capital markets very quickly read the full article →