Market Re Ltd. Series 2016-5

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Market Re 2016-5, first temperature cat bond since 1999 launched

A new catastrophe bond has been launched which aims to be the first to cover temperature related weather risks since 1999, as sponsor Allianz Risk Transfer seeks $70m of coverage against European winter temperature extremes through a Market Re Ltd. (Series 2016-5) deal.For this novel catastrophe bond (or weather bond), read the full article →