Swiss Re Insurance-Linked Fund Management

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Mona Lisa Re Ltd. Series 2013-2

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RenaissanceRe’s Mona Lisa Re cat bond upsizes and prices down

1st July 2013

Bermudian reinsurer RenaissanceRe’s first broadly marketed 144A catastrophe bond, Mona Lisa Re Ltd. (Series 2013-2), has increased in size while marketing and the indicative interest spread pricing has moved to the middle of the range originally marketed. It’s not the first cat bond issued by Mona Lisa Re but it is the first broadly marketed […]

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Mona Lisa Re catastrophe bond comes to market for RenaissanceRe

25th June 2013

Another new catastrophe bond transaction launched yesterday and this time it is a particularly interesting one as the sponsor for this cat bond is Bermuda reinsurer RenaissanceRe. This $125m deal is Mona Lisa Re Ltd. (Series 2013-2) and with this cat bond RenRe is looking to transfer some U.S. hurricane and earthquake risk to capital market […]

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