Reinsurer Swiss Re have issued a press release regarding the recently completed $400m Mythen Ltd. multi-peril catastrophe bond transaction. The release see’s Swiss Re demonstrate their commitment to the capital markets as a source of risk transfer for certain of their natural catastrophe risks. Mythen Ltd. is the latest cat bond programme from Swiss Re […]
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Swiss Re’s latest catastrophe bond transaction has now completed successfully. The deal saw their new Cayman Islands domiciled issuer Mythen Ltd. secure $400m of fully collateralized industry loss based per-occurrence coverage for first and second event U.S. hurricanes and European windstorms. As we revealed last week, Mythen Ltd. more than doubled from its target size […]
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Swiss Re’s latest catastrophe bond which is still in the marketing phase to investors is due to issue $400m of notes across the three tranches which we wrote about recently here. At the time of that article it was only clear that the Mythen Ltd. cat bond would secure at least $150m of cover for […]
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Swiss Re are bringing a new catastrophe bond to market through a newly formed Cayman Islands domiciled issuer called Mythen Ltd. Mythen Ltd. is a program which will allow Swiss Re to issue future tranches of notes and we’re told by our sources that it is likely to take over from their Successor X series […]
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