Bermuda-based specialty insurance and reinsurance company AXIS Capital Holdings Ltd. is now set to secure an upsized $200 million of coverage from its new Northshore Re II Ltd. (Series 2018-1) catastrophe bond, while at the same time the pricing has now been fixed below the bottom end of the initial range.
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Bermuda-based specialty insurance and reinsurance firm AXIS Capital Holdings Ltd. has lifted the target size for its new Northshore Re II Ltd. (Series 2018-1) catastrophe bond to as much as $200 million, while at the same time the coupon offered to investors has fallen and will settle at the bottom of initial guidance or below […]
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Bermuda-based specialty insurance and reinsurance firm AXIS Capital Holdings Ltd. has returned to the capital markets with a new Northshore Re II Ltd. (Series 2018-1) catastrophe bond, with which the company is seeking a multi-year source of multi-peril reinsurance and retrocession.
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