SafePoint Insurance Company has successfully doubled the size of its new Nature Coast Re Ltd. (Series 2025-1) catastrophe bond, securing $200 million of reinsurance protection from capital market investors through the issuance of notes, Artemis has learned.
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SafePoint Insurance Company has raised the target size for its latest catastrophe bond issuance, with now between $150 million and $200 million of reinsurance protection sought from capital market investors through the Nature Coast Re Ltd. (Series 2025-1) deal, Artemis can report.
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SafePoint Insurance Company has returned to the catastrophe bond market and is seeking $100 million in reinsurance protection from capital market investors through a Nature Coast Re Ltd. (Series 2025-1) issuance, which is the insurer’s first to target protection on an industry-loss index trigger basis, Artemis can report.
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