Matterhorn Re Ltd

Swiss Re has now priced its latest catastrophe bond sponsorship, securing the upsized target of $345 million of broad North American peak peril retrocessional protection through its new Matterhorn Re Ltd. (Series 2026-3) issuance, while the notes all priced at the lowest-ends of twice reduced guidance, Artemis has learned.

Swiss Re is now aiming to secure as much as an upsized $345 million of broad North American peak peril retrocessional protection through its new Matterhorn Re Ltd. (Series 2026-3) catastrophe bond offering, while the price guidance for the notes has now been lowered twice, Artemis can report.

Global reinsurance giant Swiss Re has returned to the catastrophe bond market for its third sponsorship of the year, with an initial target to secure $275 million of broad North American peak peril retrocessional protection through a Matterhorn Re Ltd. (Series 2026-3) offering, this publication has learned.

Global reinsurer Swiss Re has now secured $250 million of US named storm per-occurrence based retrocessional protection through its Matterhorn Re Ltd. (Series 2026-2) catastrophe bond transaction, while the spreads settled at the low-end of reduced guidance, Artemis has learned.

Swiss Re is now targeting lower pricing for its latest catastrophe bond sponsorship, while the target remains to secure $250 million of US named storm per-occurrence based retrocessional protection through the Matterhorn Re Ltd. (Series 2026-2) transaction, Artemis has learned.

Global reinsurance giant Swiss Re is back in the catastrophe bond market to sponsor its second issuance of the year, with an initial target to secure $250 million of US named storm per-occurrence based retrocessional protection through a Matterhorn Re Ltd. (Series 2026-2) transaction, Artemis can report.

Swiss Re has now secured its upsized target of $150 million of aggregate and subsequent event retrocessional reinsurance covering North American peak perils from its new Matterhorn Re Ltd. (Series 2026-1) catastrophe bond, while each of three tranches of notes priced at the top-end of initial guidance ranges, Artemis can report.

Global reinsurance firm Swiss Re is now targeting up to $150 million of aggregate and subsequent event retrocession covering North American peak perils from its new Matterhorn Re Ltd. (Series 2026-1) catastrophe bond, while price guidance for each of three tranches of notes have been raised to the top-end of initial ranges, Artemis can report.

Swiss Re has returned to the catastrophe bond market for its first sponsorship of this year, seeking $125 million or more in peak peril aggregate and subsequent event retrocession covering North American wind and earthquakes from a Matterhorn Re Ltd. (Series 2026-1) transaction, Artemis can report.

Swiss Re has made an early redemption of the loss exposed Class A notes from its Matterhorn Re Ltd. (Series 2020-2) catastrophe bond issuance after benefiting from roughly $33.1 million in recoveries under their retrocessional protection, leaving the remaining $46.9 million of principal set to be returned to investors, Artemis understands.