Northshore Re II Ltd

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AXIS’ Northshore Re II cat bond upsized to $350m, pricing tightens

The latest catastrophe bond transaction to be sponsored by Bermuda-headquartered specialty insurance and reinsurance firm AXIS Capital Holdings Ltd. is set to upsize by 40%, as its Northshore Re II Ltd. (Series 2017-1) transaction grows to $350 million, while the price guidance has tightened. AXIS returned to the catastrophe bond market read the full article →

AXIS returns with $250m Northshore Re II cat bond

Bermuda-headquartered specialty insurance and reinsurance firm AXIS Capital Holdings Ltd. has returned to the catastrophe bond market for its second transaction, with a $250 million Northshore Re II Ltd. (Series 2017-1) transaction, as it looks to the capital markets to boost its reinsurance and retrocession coverage. AXIS Capital was last in read the full article →