Matterhorn Re Ltd. Series 2020-2

Reinsurance firm Swiss Re has now successfully secured $255 million of hurricane and mortality risk retrocessional protection with its latest Matterhorn Re Ltd. (Series 2020-2) catastrophe bond transaction.

Reinsurance giant Swiss Re is back with a second catastrophe bond for 2020, seeking up to $275 million of retrocessional protection with a Matterhorn Re Ltd. (Series 2020-2) transaction that will cover it against certain losses from U.S. named storms and hurricanes, as well as extreme mortality exposures.