Mortgage Insurance Linked Notes news

MGIC Investment Corporation is back in the capital markets seeking approximately $323.5 million of mortgage reinsurance through a Home Re 2026-1 Ltd. mortgage insurance-linked securities (ILS) transaction.

Arch Capital has successfully closed Bellemeade Re 2025-1 Ltd., the firm’s latest issuance of mortgage insurance-linked notes, which was priced at $199.3 million, while the firm also purchased a further $49,826,000 of mortgage reinsurance from a panel of reinsurers in tandem with this mortgage insurance-linked notes issuance.

Arch Capital is once again hoping to reopen the market for mortgage insurance-linked securities (ILS), seeking $199.3 million of capital markets backed mortgage reinsurance through a Bellemeade Re 2025-1 Ltd. deal, which will be the first issuance of mortgage insurance-linked notes in more than one year.

Essent Guaranty, a wholly owned subsidiary of Essent Group, has successfully closed Radnor Re 2024-1 Ltd., the firm’s tenth issuance of mortgage insurance-linked notes, which upsized and eventually completed at $363.4 million.

Arch Capital, via its Arch Mortgage Insurance unit, has confirmed the issuance of the almost $163.2 million in Bellemeade Re 2024-1 Ltd. mortgage insurance-linked securities that we had first reported on more than a week ago, while also saying that it purchased almost $40.8 million in traditional reinsurance alongside them.

Arch Capital is attempting to reopen the market for mortgage insurance-linked securities (ILS) with the first issuance of mortgage insurance-linked notes seen in 2024, seeking $163.2 million in capital markets backed mortgage reinsurance through Bellemeade Re 2024-1 Ltd.

Enact Mortgage Insurance has successfully closed on its new mortage insurance-linked securities (ILS) issuance, securing $248 million of collateralized mortgage reinsurance protection from the capital markets with the issuance of Triangle Re 2023-1 Ltd. mortgage insurance-linked notes.

Enact Mortgage Insurance has returned to the insurance-linked securities (ILS) market for the first time in over two years, seeking just under $248 million of collateralized mortgage reinsurance protection from an issuance of Triangle Re 2023-1 Ltd. mortgage insurance-linked notes.

Bermuda headquartered re/insurer Arch Capital has now successfully closed its latest mortgage insurance-linked securities (ILS) issuance, securing the targeted roughly $186.6 million of coverage from the Bellemeade Re 2023-1 Ltd. issuance, while adding $46 million in direct reinsurance to take the total protection to just over $233 million.

MGIC Investment Corporation has successfully leveraged investor demand to upsize its latest sponsorship of mortgage insurance-linked securities (ILS), securing $330.2 million of reinsurance for its Mortgage Guaranty Insurance Corporation unit through the Home Re 2023-1 Ltd. issuance.