mortgage insurance

Share

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 largest mortgage ILS yet with $498m Eagle Re 2021-1

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 yet, as it looks to sponsor a nearly $498 million Eagle Re 2021-1 Ltd. transaction. Radian Guaranty sponsored 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 →

Genworth secures third & largest $495m Triangle Re 2021 mortgage ILS

Genworth Mortgage Insurance, a mortgage insurance subsidiary of Genworth Financial, has returned to the capital markets to add more mortgage reinsurance protection, with its third and now largest mortgage insurance-linked securities (ILS), a $495 million Triangle Re 2021-1 Ltd. issuance. Genworth first sourced mortgage reinsurance capacity from the capital markets on read the full article →

MGIC targets its biggest mortgage ILS, with $399m Home Re 2021-1

MGIC Investment Corporation is back in the capital markets with what will be its third sponsorship of a mortgage insurance-linked securities (ILS) issuance, as it seeks roughly $399 million of collateralized mortgage reinsurance with the Home Re 2021-1 Ltd. issuance. MGIC Investment Corporation first entered the mortgage insurance-linked securities (ILS) market read the full article →

Gallagher Re secured $140m of reinsurance for Arch’s Bellemeade program in 2020

Global reinsurance broker Gallagher Re, part of the Gallagher group, successfully brokered $140 million of traditional mortgage reinsurance for Arch Capital during 2020, as part of the firms Bellemeade Re mortgage insurance-linked securities (ILS) program. Arch Mortgage Insurance sponsored the issuance of over $1.55 billion of Bellemeade Re mortgage insurance-linked notes read the full article →

Arch completes fourth Bellemeade mortgage ILS of 2020 at $321m

Arch Capital Group Ltd., the Bermuda headquartered specialty insurance and reinsurance firm, has now completed its fourth mortgage insurance-linked securities (ILS) issuance of 2020, closing the Bellemeade Re 2020-4 Ltd.  issuance at $321 million in size. Arch Capital returned to the capital markets for a fourth Bellemeade Re mortgage insurance-linked securities read the full article →

Arch Capital returns for fourth Bellemeade Re mortgage ILS issuance of 2020

Arch Capital Group Ltd., the Bermuda headquartered specialty insurance and reinsurance firm, has returned to the capital markets for a fourth Bellemeade Re mortgage insurance-linked securities (ILS) issuance of 2020. We understand this fourth mortgage ILS transaction from Arch Capital is in the early stages of being marketed to investors at read the full article →

Mortgage ILS market demonstrated resiliency through COVID-19: Fitch

The mortgage insurance-linked securities (ILS) market has demonstrated its resiliency through the COVID-19 pandemic, as issuance came back to market despite the uncertainty created by a sharp increase in delinquencies, according to rating agency Fitch. Fitch explains that the elevated levels of delinquencies are partly due to the enactment of the read the full article →