Matterhorn Re Ltd. Series 2021-1

The latest catastrophe bond to be sponsored by global reinsurance company Swiss Re has seen its pricing rise during its marketing we’re told, while the target for $150 million of catastrophe retrocession from the Matterhorn Re Ltd. (Series 2021-1) cat bond hasn’t changed.

Global reinsurance firm Swiss Re is back in the catastrophe bond market for its first issuance under the Matterhorn Re program of 2021, with a target to secure $150 million or more of catastrophe retrocession through a Matterhorn Re Ltd. (Series 2021-1) transaction, this publication has learned.