Swiss Re Insurance-Linked Fund Management

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Northshore Re Limited

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Northshore Re cat bond prices at lowest end of reduced guidance

2nd August 2013

The first catastrophe bond to be sponsored by AXIS Capital Holdings Limited, the Bermuda based global insurance and reinsurance group, has become the latest to see its pricing drop to the lowest end of an already reduced guidance range. The Northshore Re Limited (Series 2013-1) cat bond will offer investors a coupon of 7.25%.

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