Northshore Re II Ltd. Series 2019-1

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AXIS Capital’s new Northshore Re II cat bond grows 65% to $165m

AXIS Capital is set to execute on its latest and fourth catastrophe bond transaction at attractive terms, as the Northshore Re II Ltd. (Series 2019-1) has upsized 65% to $165 million, while pricing dropped to below guidance.The specialty insurance and reinsurance company AXIS Capital Holdings Ltd. returned to the catastrophe read the full article →

AXIS sponsoring its fourth cat bond, a $100m Northshore Re II 2019-1

Bermuda-based specialty insurance and reinsurance company AXIS Capital Holdings Ltd. has returned to the capital markets to sponsor what will be its fourth catastrophe bond, with a $100 million Northshore Re II Ltd. (Series 2019-1) transaction.AXIS Capital has become a significant user of third-party reinsurance capital, building relationships with so-called read the full article →