mortgage ILS

Share

Essent seeks its largest mortgage ILS yet, with $558m Radnor Re 2021-1

Essent Guaranty is back in search of more capital markets backed reinsurance protection with its latest and sixth mortgage insurance-linked securities (ILS) transaction, which will be its largest yet if the almost $558 million Radnor Re 2021-1 Ltd. issuance is successful. This Radnor Re 2021-1 issuance of mortgage insurance-linked securities (ILS) read the full article →

Arch seeks $523m of mortgage reinsurance with Bellemeade Re 2021-2 ILS

Arch Capital Group, the Bermuda headquartered specialty insurance and reinsurance company, is back in the capital markets with its second mortgage insurance-linked securities (ILS) transaction of the year, as it targets around $523 million of reinsurance with this Bellemeade Re 2021-2 Ltd. deal. This will actually be the sixteenth mortgage insurance-linked read the full article →

Aspen hires Rippert from Arch as EVP, Head of Mortgage

Aspen Insurance Holdings Limited, the Bermuda headquartered insurance and reinsurance group, has made a key hire for its mortgage re/insurance business, taking Arch Capital's Andrew Rippert as EVP and Head of Mortgage. Rippert will join Aspen from June 7th 2021 and will report to Christian Dunleavy, Chief Underwriting Officer Aspen Reinsurance read the full article →

NMI closes $367m Oaktown Re VI mortgage ILS issuance

Mortgage insurance group NMI Holdings, Inc. has completed its latest capital markets backed reinsurance deal, successfully closing its sixth mortgage insurance-linked notes transaction, a $367 million Oaktown Re VI Ltd., on target. As we explained ten days ago, NMI Holdings was back in the insurance-linked securities (ILS) market in search of read the full article →

Radian lowers cost-of-capital with $498m Eagle Re 2021 mortgage ILS

Radian Guaranty, the US mortgage insurer entity of the Radian Group, has said that the successful completion of its latest mortgage insurance-linked securities (ILS) deal, the $498 million Eagle Re 2021-1 Ltd. transaction, is a capital efficient way to secure reinsurance for the company. We explained back in early April that read the full article →

NMI targets $367m of reinsurance with Oaktown Re VI mortgage ILS

Mortgage insurance group NMI Holdings, Inc. is back in the capital markets for what will be its sixth mortgage insurance-linked notes transaction, with a $367 million Oaktown Re VI Ltd. At $367 million, across the five classes of mortgage insurance-linked securities (ILS) being issued, this would be the largest transaction NMI read the full article →

Genworth targets $303m of mortgage reinsurance with Triangle Re 2021-2

Genworth Mortgage Insurance, a US mortgage insurance subsidiary of Genworth Financial, is back in the capital markets with its second mortgage insurance-linked securities (ILS) deal of this year, a $303 million Triangle Re 2021-2 Ltd. issuance. Genworth has returned to the capital markets for more collateralized mortgage reinsurance protection soon after read the full article →

Radian seeks $498m Eagle Re 2021-1 mortgage ILS

Radian Guaranty, the US mortgage insurer entity of the Radian Group, has returned to the capital markets in search of collateralised reinsurance with what could be its largest mortgage insurance-linked securities (ILS) issuance since the pandemic outbreak, as it looks to sponsor a nearly $498 million Eagle Re 2021-1 Ltd. read the full article →

Arch’s new Bellemeade Re 2021-1 mortgage ILS completes at $580m

Arch Capital Group, the Bermuda headquartered specialty insurance and reinsurance player, has completed its new Bellemeade Re 2021-1 Ltd. mortgage insurance-linked securities (ILS) issuance at a smaller size of $580 million after electing not to place one of the tranches of notes. However, Arch secured an additional $64 million in direct read the full article →

Arch seeks $665m of reinsurance from Bellemeade Re 2021-1 mortgage ILS

Arch Capital Group, the Bermuda headquartered specialty insurance and reinsurance player, is back in the capital markets in search of more mortgage reinsurance protection, with a large, up to $665 million Bellemeade Re 2021-1 Ltd. mortgage insurance-linked securities (ILS) issuance. The issuance features six tranches of mortgage insurance-linked notes which are read the full article →