Mystic Re IV Ltd

Insurance firm Liberty Mutual has now successfully secured the upsized $300 million of reinsurance from its new Mystic Re IV Ltd. (Series 2024-1) industry-loss triggered catastrophe bond and the notes have now been priced below the initial guidance, we’re told.

Insurer Liberty Mutual has raised its target size for its new Mystic Re IV Ltd. (Series 2024-1) industry-loss triggered catastrophe bond, with now $300 million of reinsurance sought from the issuance.

Insurance giant Liberty Mutual is back in the catastrophe bond market seeking a $250 million or greater source of industry loss triggered catastrophe reinsurance from the capital markets through a Mystic Re IV Ltd. (Series 2024-1) issuance.

Liberty Mutual, the US primary insurer and global reinsurer, has successfully secured the upsized target of $150 million of collateralized reinsurance protection with its new Mystic Re IV Ltd. (Series 2023-1) catastrophe bond transaction.

Liberty Mutual, the U.S. primary insurance giant and global reinsurance player, is hoping to upsize its new Mystic Re IV Ltd. (Series 2023-1) catastrophe bond transaction to as much as $150 million in size, but with pricing that has lifted to the top-end of guidance.

Liberty Mutual, the U.S. primary insurance giant and global reinsurance player, has returned to the catastrophe bond market in search of $125 million or more in collateralized reinsurance against peak peril events, with a Mystic Re IV Ltd. (Series 2023-1) transaction.

US insurer Liberty Mutual has now secured its new Mystic Re IV Ltd. (Series 2021-2) catastrophe bond transaction at its 25% upsized target to provide $300 million of multi-year collateralized reinsurance protection.

Insurance carrier Liberty Mutual Insurance has lifted its target for its new Mystic Re IV Ltd. (Series 2021-2) catastrophe bond transaction to up to $300 million of collateralized reinsurance protection.

Insurance giant Liberty Mutual has returned to the catastrophe bond market for the second time in just six months, quickly coming back with a $240 million Mystic Re IV Ltd. (Series 2021-2) transaction, which sees the carrier looking for indemnity reinsurance cover for hurricane and earthquake loss events.

Liberty Mutual’s latest visit to the catastrophe bond market can be considered a resounding success for the company, after the new Mystic Re IV Ltd. (Series 2021-1) catastrophe bond transaction upsized to $300 million while marketing and the notes priced at a level below the low-end of initial guidance.