MetroCat Re Ltd.

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Standard & Poor’s on rating the MetroCat Re storm surge catastrophe bond

The MetroCat Re Ltd. catastrophe bond, which launched recently, has been receiving attention from the broader financial press and local New York media outlets. That's no surprise given the unusual nature of the cat bond, as the first storm surge only cat bond and the first time a U.S. transit read the full article →

First storm surge catastrophe bond, MetroCat Re Ltd. 2013-1, launches

The catastrophe bond market in 2013 has seen a number of firsts, as new-found flexibility, reduced pricing and near-record levels of issuance make this year one of the most eventful on record for the cat bond market. Now another new sponsor is coming to market with a new peril, in read the full article →