Matterhorn Re Ltd

Global reinsurance firm Swiss Re has raised the upper-end target for its latest catastrophe bond, with the Matterhorn Re Ltd. (Series 2020-4)  transaction now aiming to secure as much as $275 million of capital markets backed retrocession for the sponsor.

Global reinsurance company Swiss Re has again returned to the catastrophe bond market for what will be its fifth time in just around one-year, this time bringing a targeted $200 million Matterhorn Re Ltd. (Series 2020-4) with which it hopes to secure retrocessional protection against hurricane losses.

With natural catastrophe reinsurance premiums underwritten having jumped at Swiss Re in the last year, the company has continued to make use of insurance-linked securities (ILS) investor appetite to help it prepare its portfolio for the coming hurricane season.

The latest catastrophe bond to be sponsored by reinsurance firm Swiss Re has been successfully upsized 7.5% at pricing, we can reveal, with the Matterhorn Re Ltd. (Series 2020-3) transaction now set to secure the company $215 million of U.S. named storm retrocession.

Global reinsurance company Swiss Re is back with what will be its fourth catastrophe bond in less than one year, as it seeks another $200 million or greater of U.S. named storm retrocessional support from the capital markets with Matterhorn Re Ltd. (Series 2020-3).

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.

The latest catastrophe bond from global reinsurance firm Swiss Re has been well-received by the ILS investor base, helping the Matterhorn Re Ltd. (Series 2020-1) cat bond double in size while marketing to become a $350 million issuance.

Global reinsurance giant Swiss Re has returned to the catastrophe bond market and is seeking to sponsor its second Matterhorn Re catastrophe bond in six months, as it looks to secure at least $175 million of retrocession against U.S. named storm losses.

Reinsurance giant Swiss Re’s return to the catastrophe bond market has been highly successful, as its new Matterhorn Re Ltd. (Series 2019-1) deal has increased in size by 150% to become a $250 million issuance, while the notes pricing settled at the tight end of guidance, we can report.