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Nakama Re Ltd. Series 2013-1

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Nakama Re cat bond doubles in size to $300m for Zenkyoren

2nd September 2013

The latest Japanese earthquake catastrophe bond to come to market for Zenkyoren, the Japanese National Mutual Insurance Federation of Agricultural Cooperatives, has doubled in size due to investor demand. Nakama Re Ltd. (Series 2013-1) launched at $150m in size but is expected to close offering $300m of protection to Zenkyoren.

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Nakama Re Ltd. cat bond comes to market for Zenkyoren

19th August 2013

Zenkyoren, the Japanese National Mutual Insurance Federation of Agricultural Cooperatives, is once again returning to the catastrophe bond market to expand its reinsurance protection for Japanese earthquake risks, with a new cat bond called Nakama Re Ltd. (Series 2013-1), we understand.

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